Practice Group Leaders: Todd R. Eisner and Alan S. Cohen

Overview

The scope of our hospitality practice includes assets located throughout the U.S., the Caribbean and Central America. Some aspects of this practice include the following: 

• Acquisitions and dispositions, in both one-off transactions and portfolio transactions, of hospitality assets as well as interests in entities which own such assets.

• Acquisition, construction, bridge and permanent financings, from both lender and borrower perspectives.

• Joint ventures and similar arrangements between partners/members in hotel owners and ventures between such owners and hotel companies.

• Hotel operating leases between hotel owners and operators.

• Development and construction transactions.

• Hotel management agreements, franchise agreements and agreements regarding amenities (such as regarding golf, spa and fitness operations).

• Tax structuring, labor law issues, liquor and gaming matters.

• Workouts and restructurings.

Our Hotels and Hospitality practice is one of the Firm’s fastest growing practice areas, encompassing nearly twenty attorneys throughout the Real Estate, Tax, Litigation and Bankruptcy Practice Groups.  As a result, we have been able to provide seamless representation to our institutional clients in some of the largest and most complex portfolio transactions and investment structures during the last several years.  

Additionally, we have spent considerable time in the context of a number of recent large portfolio transactions establishing good working relationships with representatives of most of the major flags and players in this industry, and have negotiated literally hundreds of franchise and/or hotel management agreements with such representatives.  As a result, we are able to conclude negotiations and enter into transactions with these institutions in a timely and efficient manner.