Hospitality & Leisure
Expert guidance for hospitality and leisure development and operations.
The hospitality industry is nuanced legal territory in commercial real estate, so we have carved out a specific practice dedicated to hotel developers, investors, operators, and franchisees. In addition to the standard development, construction, and management issues that arise in a hospitality operation, this specialized area of law must take into account the related risks and challenges associated with employees, sales taxes, liquor laws, and complicated franchise and management agreements. Our clients often partner with major international hotel brands, and the Elkins Kalt team has experience negotiating with all them. In addition to hotels and resorts, we represent individuals and institutions involved in condo-hotels, timeshares and mixed-use hotel and residential projects. We provide creative options and practical approaches for our clients in all stages of hospitality development and ownership, from ground-up construction through sales, and have significant experience with all types of financing to accomplish these goals.
- Purchase and Sale
- Management and Franchise Agreements
- Joint Ventures
- Financing (Construction, Mezzanine, Preferred Equity, Securitized, Syndicated and Permanent)
- Workouts and Loan Restructuring
- Development and Construction
- Tax Structuring