Our clients span the real estate sector, including:
prominent investment funds
pension funds and their advisors
commercial and industrial developers
institutional lenders and other investors.
Akin Gump advised affiliates of Waramaug Hospitality in a joint investment with Interstate Hotels & Resorts in a collection of ten Marriott-branded, extended-stay hotels. The hotel properties, consisting of more than 1100 rooms, are located in strategic submarkets of Minneapolis, Milwaukee and Detroit.
Akin Gump represented NewcrestImage, LLC in the sale, through an affiliate, of the AC Hotel New Orleans Bourbon/French Quarter Area. The sale was the highest per-key hotel sale in the history of Louisiana.
Our multidisciplinary Cuba practice is helping hospitality investors enter the market and deploy capital in this once-in-a-lifetime new market. Our team comprises hospitality, international trade lawyers and policy advisors who understand both the hospitality industry and the necessary steps for obtaining licensing from the U.S. government for engagement in Cuba.
Akin Gump has a cross-border team that offers comprehensive services to regional centers, investment firms and businesses utilizing assets procured through the EB-5 program, including investment management, transactional and real estate support, regulatory compliance counseling, policy advocacy and, if necessary, representation in any internal or government-facing proceedings.
Akin Gump’s hospitality practice has a long track record of representing investors in some of the world’s leading hotel properties. We routinely advise on the financing, acquisition, development and leasing and of hotels, resorts and casinos, and other hospitality-related businesses around the world.