CNL Lifestyle Properties Acquires Indiana Senior Housing Community for $22 MILLION – 221 Unit Facility Located near Indianapolis

(ORLANDO, Fla.) July 2, 2013 – CNL Lifestyle Properties, Inc., a real estate investment trust (REIT),
has acquired The Stratford Continuing Care Retirement Community, a 221-unit, Class A senior housing
community in Carmel, Ind., for $22 million.

The community will continue to be managed by Maxwell Group Inc., which currently manages properties
in North Carolina, South Carolina, Georgia, Florida and Indiana.

“The Stratford is an outstanding addition to our portfolio and its location in one of the most affluent
suburbs of Indianapolis provides us with a top asset in a very strong market,” said Kevin R. Maddron,
senior managing director of CNL Financial Group. “We are pleased with the performance of the
continuing care retirement community asset which we currently own. This acquisition allows us the
opportunity to add another continuing care retirement community to the fund and cultivate a relationship
with a strong operating partner.”

The Stratford contains a diverse mix of independent, assisted living, memory care and skilled nursing care
units. Built in 2009, the property is located in the Village of WestClay, an upscale development
approximately 15 miles north of Indianapolis. The Stratford features a pool, fitness room, main and
private dining rooms, a library, theater, billiard room, beauty salon, an Internet café and an underground
parking garage.

“We look forward to working with CNL Lifestyle Properties and continuing to provide quality care to
residents at The Stratford,” said Donald Thompson, CEO of Maxwell Group, Inc. “Our goal is to promote
healthy aging and active living through an award-winning wellness program and high-quality amenities.”

CNL Lifestyle Properties has acquired 62 senior housing properties with a total value of more than $1.1
billion since its first acquisition in the sector in January 2011.