SharePrinter-friendly versionSend by emailA TitleA TitleA Title A A A Acquisitions & Dispositions TabsetOverviewArent Fox represents private equity investment funds, REITs, and other public and private companies actively involved in acquiring or disposing of large hotel portfolios, trophy properties, and single limited-service hotel transactions. Representative Transactions The RLJ Development Funds’ acquisition and disposition of over 220 hospitality assets worth in excess of $4 billion, including the acquisition of a portfolio of nearly 100 hotels from White Lodging Services Corporation; the disposition by merger of an entity owning 22 hotels; the disposition of six Homewood Suites hotels for $73 million; the $335 million acquisition of the 750-room Manhattan Hilton Doubletree Metropolitan; the $125 million acquisition of the 298-room Manhattan Hilton Garden Inn; the acquisition of the 426-room Cancun Hilton Golf & Spa Resort; and the $121 million acquisition of the 280-room Manhattan Fashion26 Hotel. Choice Hotels International’s joint venture with an Och-Ziff Capital Management affiliate to acquire Suburban Franchise Holding Co., which added 67 properties and nearly 9,000 rooms to its portfolio. Marriott International’s sale, joint venture and renovation of the Waikiki Beach Resort on Oahu. Goldman Sachs’ disposition of numerous hotels from a portfolio acquired for more than $300 million. Marriott International’s acquisition of the Grand Cayman Marriott Beach Resort, a 304-room resort hotel located in Grand Cayman, British West Indies. Fisher Property Group’s acquisition of land located in Rockland, Maryland for the development and construction of a 121-room Cambria Suites Hotel. Various real estate investment funds’ (managed by one of the largest New York investment companies) purchase and sale of hotel portfolios throughout the United States. Marriott International’s acquisition of the Crowne Plaza Oceanfront Hotel, a 193-room hotel located on Singer Island in Palm Beach County, for redevelopment into a fractional ownership product. Marriott International’s sale of its Courtyard San Francisco Downtown hotel. JER Partners’ acquisition of the Ontario Airport Hilton Hotel located in Ontario, CA. Marriott International’s acquisition of the Seville Beach Hotel, a 4.5 acre land assemblage with 350 feet of Atlantic Ocean frontage in Miami, to be redeveloped under Marriott’s “Edition” brand. Meet the Team The Acquisitions & Dispositions TeamClick on Team Member below to view his or her biography. Name Title Location Barb L. Bettenhausen 202.857.8913 barb.bettenhausen@arentfox.com Download vCard Partner Washington, DC Richard L. Brand 202.857.6427 rbrand@arentfox.com Download vCard Partner Washington, DC Thomas R. Castiello 202.857.6134 thomas.castiello@arentfox.com Download vCard Partner Washington, DC Charles B. Ferguson 202.857.6251 charles.ferguson@arentfox.com Download vCard Counsel Washington, DC Jeremy B. Fox 202.857.6437 jeremy.fox@arentfox.com Download vCard Partner Washington, DC Joseph M. Fries 202.857.6156 joseph.fries@arentfox.com Download vCard Counsel Washington, DC Edna D. Garrett 202.715.8588 edna.garrett@arentfox.com Download vCard Associate Washington, DC Jay L. Halpern 202.857.6262 jay.halpern@arentfox.com Download vCard Partner Washington, DC Mark B. Joachim 202.857.6018 mark.joachim@arentfox.com Download vCard Partner Washington, DC Benjamin M. Lee 202.857.6016 benjamin.lee@arentfox.com Download vCard Associate Washington, DC Daniel M. Lopez 202.857.6240 daniel.lopez@arentfox.com Download vCard Counsel Washington, DC Ichiro “Ike” Morinaga 202.828.3436 ichiro.morinaga@arentfox.com Download vCard Associate Washington, DC David M. Osnos 202.857.6150 david.osnos@arentfox.com Download vCard Counsel Washington, DC Rachel J. Richardson 202.828.3423 rachel.richardson@arentfox.com Download vCard Associate Washington, DC Jeffrey E. Rummel 202.715.8479 jeffrey.rummel@arentfox.com Download vCard Partner Washington, DC Kelli A. Scheid 202.715.8587 kelli.scheid@arentfox.com Download vCard Associate Washington, DC James A. Shipe 202.715.8583 jim.shipe@arentfox.com Download vCard Associate Washington, DC Keith R. Styles 202.715.8551 keith.styles@arentfox.com Download vCard Partner Washington, DC Kimberly A. Wachen 202.775.5749 kimberly.wachen@arentfox.com Download vCard Partner Washington, DC Deals & Cases Marriott International, Inc. in the Sale of the Courtyard San Francisco Downtown Hotel Arent Fox represented Marriott International, Inc. in the sale of the Courtyard San Francisco Downtown hotel to a joint venture in which it participated; the deal included the financing of the acquisition with multimillion dollar construction financing and mezzanine loans by GMAC Commercial Mortgage Corporation. Arent Fox Represented JER Partners in Acquisition and Financing of a Hotel in Ontario, California JER Partners worked with Arent Fox in acquiring the Ontario Airport Hilton Hotel in Ontario, CA. Arent Fox Represented Marriott International in Acquisition and Development of the Seville Beach Hotel in Miami Marriott International Inc. was represented by Arent Fox in the acquisition of the Seville Beach Hotel, a 4.5 acre land assemblage with 350 feet of Atlantic Ocean frontage in Miami, to be redeveloped under Marriott’s “Edition” brand. Pages« first‹ prev12
