Hotel and Hospitality
Real Estate
We have significant experience in hotel and hospitality development, acquisition and financing, including with management agreements and UBTI issues affecting investment. Selected transactions include:
- Negotiating, on behalf of a development company, a ground lease for an existing historic structure and handling zoning, permitting and other matters relating to the conversion of the site into a first-class hotel and conference facility in Boston. We also have represented the client in connection with development and operation of hotels in Cambridge, Massachusetts and in San Francisco.
- Representing a major research university in connection with the restructuring and negotiation of financing, leasing and management of a facility including a hotel, restaurants, parking, golf facilities and other amenities adjacent to its North Carolina campus.
- Representing an investment group in the formation of a partnership to acquire a historic building in Boston for conversion into a boutique hotel. We represent the partnership with the ongoing development, structuring and tax issues.
- Representing the investor in the financing and acquisition of land and development rights for a 180-unit luxury residential and golf community.
- For four decades, representing the owner and operator of one of Boston's major hotels and its related theater, restaurant and garage complex in connection with construction, operation, financing and repositioning.