Arent Fox Worked with RLJ Development Funds in Financing Including Terms for Restructuring $50 Million in Debt

    Arent Fox represented RLJ Development Funds in the mezzanine and mortgage-backed financings, refinancings, loan modifications, loan purchases, loan assumptions, and loan defeasances involving more than $2 billion in debt in connection with various hospitality ventures. The ventures included the restructuring of $50 million of debt from Metropolitan Life Insurance Company secured by a Cancun resort hotel.