News
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08.15.2017Perkins Coie Represents AIPA Properties in Securing $165 Million Loan for Mixed-Use Office Warehouse Facility in HonoluluPress ReleasesPerkins Coie LLP represented AIPA Properties, LLC in securing a $165 million loan from Allegiant Real Estate Capital, a commercial real estate lender and debt investor, for the mortgage on a 912,000-square-foot mixed-use office / warehouse complex in Honolulu, Hawaii.
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12.17.2015Perkins Coie Represents Nimes Capital in Acquisition of Togo’s HoldingsPress ReleasesPerkins Coie represented Nimes Capital, the private investment arm of Nazarian Enterprises led by David Nazarian, in its acquisition of Togo’s Holdings, LLC, the franchisor of Togo’s “West Coast Original” sandwich shops, known for their Big, Fresh, Meaty, made to order sandwiches.
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05.28.2015Perkins Coie Represents Strategic Hotels & Resorts in $750 Million Revolving Credit FacilityPress ReleasesPerkins Coie represented client Strategic Hotels & Resorts, Inc. (NYSE:BEE), a real estate investment trust (REIT) which owns and provides value enhancing asset management of high-end hotels and resorts in the United States and Europe, in a $750 million unsecured term loan and revolving credit facility with an accordion feature allowing for additional borrowing capacity up to $250 million.
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12.31.2014Perkins Coie Represents Joint Venture Managed by Strategic Hotels & Resorts in Closing $225 Million Loan Secured by the JW Marriott Essex House HotelPress ReleasesPerkins Coie represented a joint venture managed by Strategic Hotels & Resorts, Inc. in the closing of a $225 million limited recourse loan secured by the JW Marriott Essex House Hotel in New York City.
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09.02.2014Perkins Coie Represents Strategic Hotels & Resorts in Closing of $115 Million Loan Secured by Miami Intercontinental HotelPress ReleasesPerkins Coie represented client Strategic Hotels & Resorts, Inc. in the closing of a $115 million limited recourse loan secured by the Miami InterContinental Hotel replacing the $85 million financing previously encumbering the property.
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06.30.2014Perkins Coie Represents Strategic Hotels & Resorts In Closing of $120 Million Loan Secured by Four Seasons Hotel Washington, DCPress ReleasesPerkins Coie represented client Strategic Hotels & Resorts, Inc. (NYSE:BEE), a real estate investment trust (REIT) which owns and provides value enhancing asset management of high-end hotels and resorts in the United States and Europe, in the closing of a $120 million limited recourse loan secured by the Four Seasons Washington, DC Hotel replacing the $130 million financing previously encumbering the property.
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06.11.2014Perkins Coie Represents Strategic Hotels & Resorts in Purchase of Blackstone’s Interest in Del Coronado Hotel for $210 MillionPress ReleasesPerkins Coie represented client Strategic Hotels & Resorts, Inc. (NYSE: BEE), a real estate investment trust (REIT) which owns and provides value enhancing asset management of high-end hotels and resorts in the United States and Europe, in its purchase of the remaining 63.6 percent ownership interest in the Hotel del Coronado from The Blackstone Group, L.P., one of the world’s leading investment and advisory firms, for $210 million in cash.
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05.30.2014Perkins Coie Represents Strategic Hotels & Resorts In Closing of $120 Million Loan Secured by Loews Santa Monica Beach HotelPress Releases
Perkins Coie represented client Strategic Hotels & Resorts, Inc. (NYSE:BEE), a real estate investment trust (REIT) which owns and provides value enhancing asset management of high-end hotels and resorts in the United States and Europe, in the closing of a $120 million limited recourse loan secured by the Loews Santa Monica Beach Hotel replacing the $110 million financing previously encumbering the property.
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05.01.2014Perkins Coie Represents Strategic Hotels & Resorts in $300 Million Revolving Credit FacilityPress ReleasesPerkins Coie represented client Strategic Hotels & Resorts, Inc. (NYSE:BEE), a real estate investment trust (REIT) which owns and provides value enhancing asset management of high-end hotels and resorts in the United States and Europe, in a $300 million stock secured credit facility with an accordion feature allowing for additional borrowing capacity up to $400 million.