CNL Financial Group Media Statement

ORLANDO, Fla., Feb. 1, 2011 /PRNewswire/ -- CNL-AB LLC, the entity that filed for bankruptcy protection for former MSR Hotels & Resorts properties on Feb. 1, is not affiliated with CNL Financial Group or any of its current offerings in any way. CNL Financial Group respectfully requests that these properties, the bankruptcy filing and other related activity not be referred to as "CNL" or "CNL Financial Group."

CNL Hotels & Resorts was sold to Morgan Stanley Real Estate in 2007, and shortly thereafter changed its name to MSR Hotels & Resorts. CNL Financial Group has no financial or other interest whatsoever in this portfolio nor CNL-AB LLC.

The only appropriate reference to "CNL" or "CNL Financial Group" would be as the former sponsor of CNL Hotels & Resorts, which was sold to Morgan Stanley Real Estate in 2007.

For questions or further clarification, please contact Monty Hagler at 336-314-3149.

SOURCE CNL Financial Group