View of the ocean and palmtrees from a beach resort

Hospitality: Acquisitions & Dispositions

ArentFox Schiff 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

  • RLJ Lodging Trust’s, and its subsidiaries’, acquisition and disposition of over 220 hospitality assets worth in excess of $4 billion, including:
    • Acquisition of a portfolio of nearly 100 hotels from White Lodging Services Corporation.
    • Acquisition of FelCor Lodging Trust Inc. and its interest in hospitality assets across the country.
    • Acquisition of the 750-room Manhattan Hilton Doubletree Metropolitan.
    • Acquisition of the 298-room Manhattan Hilton Garden Inn.
    • Acquisition of the 426-room Cancun Hilton Golf & Spa Resort.
    • Acquisition of the 280-room Manhattan Fashion26 Hotel.
    • Disposition by merger of an entity owning 22 hotels.
    • Disposition of six Homewood Suites hotels.
  • Park Hotels & Resorts’ acquisitions, dispositions, and tax free exchange transactions.
  • Marriott International
    • Sale, joint venture, and renovation of the Waikiki Beach Resort on Oahu
    • Sale of Courtyard San Francisco Downtown hotel.
    • 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, and acquisition of the Seville Beach Hotel, a 4.5 acre land assemblage with 350 feet of Atlantic Ocean frontage in Miami, redeveloped under Marriott’s “Edition” brand.
    • Acquisition of the Grand Cayman Marriott Beach Resort, a 304-room resort hotel located in Grand Cayman, British West Indies.
  • Goldman Sachs’ acquisition and joint ventures across the US for more than $500 million.
  • Capstone Development’s acquisitions of limited service hotels throughout the United States with different joint venture partners.
  • Legacy Hotel Group in the acquisition and disposition of the boutique luxury Graham Hotel in the Georgetown neighborhood of Washington, DC.
  • Various real estate investment funds’ (managed by one of the largest New York investment companies) purchase and sale of hotel portfolios throughout the US.
  • Hospitality Investors Trust’s disposition of 30 limited-service hotels in 18 states.
  • The Buccini/Pollin Group’s acquisition of over $4 billion of real estate assets, including 26 internationally branded hotels.
  • The Salvation Army’s sale of a Homewood Suites hotel in Salt Lake City, UT.
  • Corten Real Estate Partners preferred equity investments in several hotel properties located in multiple states.

Key Contacts