Bilzin Sumberg has substantial experience representing clients in the hospitality industry. From the creation of joint ventures and other strategic partnerships; acquisitions and mergers; dispositions to all of the land use, real estate, contractual and licensing aspects of development, management or ownership; our attorneys have the depth and breadth of experience to assist and advise clients in the industry. Our Hospitality Team has significant experience in the financing of hotels and hotel loan restructurings, including the servicing of CMBS loans for the industry. We have advised clients in relation to hospitality projects throughout the United States and in the Caribbean.
Representation of the joint venture between Tate/Rok Group, RCI Marine and Rialto Capital Management in the acquisition of the company that held a long-term lease of the iconic Bahia Mar Resort and Marina, a 39-acre waterfront property in Fort Lauderdale, Florida with a Doubletree hotel, a 245-slip marina, and office and retail space. We helped form the joint venture, negotiated the terms of the lease acquisition, obtained debt financing, and executed financing arrangements. The representation continues with the modification of the F&B and hotel management arrangements.
Practice Group Leader for the Firm's Real Estate Group, Suzanne routinely speaks on real estate and hospitality issues impacting the Florida market.