Project (Hotel and Resort) Acquisition
We represent buyers and sellers in connection with the acquisition and sale of leisure properties and companies; including mergers, joint ventures, equity and asset transactions. We take a business-focused approach in assisting with all legal-related aspects of these transactions, including transaction structuring, tax planning, negotiations, document preparation, due diligence, funding, and post-closing matters.
Managed diligence and negotiated the acquisition documents for the Envoy Hotel in Boston, Massachusetts for $112.5 million, including mortgage financing for the acquisition.
Led diligence and negotiated the asset purchase documents for the $42 million acquisition of the Annapolis Waterfront Hotel in Annapolis, Maryland, including review and negotiation of the ground lease and restaurant management agreement for the hotel. Also negotiated and closed on the $28 million acquisition financing for the property.