Prominent hotel and resort investors, owners, lenders and developers turn to Herrick for dynamic legal counsel on a wide variety of transactional and operational concerns.
Our diverse experience spans sales, acquisitions, developments, financings and loan workouts involving hotels, resorts and condo-hotels in every U.S. state, and in Canada, Mexico and the Caribbean.
Not only are we familiar with every type of asset, including luxury, boutique, select service, branded and non-branded properties, but we often counsel on a range of related corporate and operational concerns, including employment, leasing, construction, litigation, and hotel franchise and licensing agreements.
In the competitive New York-area hotel market, we are a go-to law firm, frequently called on to help navigate local zoning laws, hotel-condominium regulations and government relations concerns. Our status as a top-tier legal advisor is evidenced by our exceptional deal volume, which includes billions of dollars in financings and workouts, as well as many development, sale, acquisition and joint venture transactions covering the city’s leading hotels.
Areas of Focus
- Hotel financings
- Acquisitions and dispositions
- Joint ventures
- Commercial leasing
- Land use and zoning
- Franchise and operating agreements
- Development and construction
- Employment concerns
- Restructuring and foreclosures