DLA Piper is pleased to announce that Law360 has named its Hospitality and Leisure group a Practice Group of the Year for 2016, citing the firm's involvement in such projects as the construction of the first hotel on Chicago's Navy Pier and the acquisition of the iconic Fairmount Hotel in San Francisco.
The publication recognized DLA Piper for being uniquely positioned to provide comprehensive global advice as many international firms move into the US hospitality sphere. The group handled unprecedented deal activity in the hotel and hospitality real estate investment sector last year.
Law360 also highlighted the Hospitality and Leisure group's work with the following clients and projects:
- Diamond Resorts International in the US$2.2 billion acquisition by Apollo Global Management.
- Blackstone Real Estate Group in the ongoing acquisitions and dispositions of 80 hotels in 25 states, Puerto Rico and Jamaica.
- Union Investment Real Estate GmbH in its US$180 million acquisition of the Godfrey Hotel in Boston, the German company's first US hotel purchase.
DLA Piper's Hospitality and Leisure group advises owners, managers, franchisors, developers and lenders with respect to hotels and other hospitality and leisure businesses in the US and around the world. The full text of Law360's article can be found here.