Hotel Law Blog

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
6 May 2008

Hotel Attorney in Las Vegas, Nevada. Financing a new hotel transaction? Refinancing a hotel mortgage? Looking for hotel debt or equity to buy or develop a hotel or resort? If you are serious about any of these, then you are probably going to be at the Opening Reception tonight for the eighteenth annual Meet the Money® Conference -- the gateway of hotel finance.

As JMBM's hotel attorneys gather with about 400 hotel industry leaders to kick off one of the biggest hotel financing events of the year, excitement is in the air. Starting with a not-to-be-missed networking reception tonight at The Green Valley Ranch in Las Vegas, for the next two days, hotel finance will take center stage.

Stay tuned for updates from Meet the Money® 2008 as we start with our first full day tomorrow morning, May 7. (or check out the Conference web site at www.MeetTheMoney.com).

Continue reading "Hotel Attorney in Las Vegas for Hotel Financing Conclave: Meet the Money® 2008 (www.MeetTheMoney.com)" »

Posted In: Hotel Finance − Hotel Debt & Hotel Equity , Meet the Money®

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com

13 April 2008

Where have all the hotel lenders gone? You will find them at Meet the Money®, May 6-8, 2008 in Las Vegas.

Q: Why go to another hotel conference?
A: It's the money, silly.

Q: Where do I get more information or register?
A: www.jmbm.com/mtm

Continue reading "Hotel Lawyer on Hotel Finance. Where have all the lenders gone? Find them at Meet the Money® 2008 -- Gateway to hotel financing." »

Posted In: Hotel Finance − Hotel Debt & Hotel Equity , Meet the Money®

Capital Providers to Meet Consumers of Capital in Las Vegas, May 6-8, 2008.
For more information, see www.MeetTheMoney.com or www.jmbm.com/mtm

What an ironic paradox! There is such an abundance of capital seeking hotel investment. And at the same time, more hotel owners are frustrated in their efforts to find that very capital. Why can't the two find one another? Because the capital market "machinery" that used to match up the hotel lenders and equity sources with borrowers, is broken -- or at least "out of service" for an undetermined time.

Continue reading "Hotel Lawyer: Hotel financing takes center stage at Meet the Money®, the Gateway to Hotel Finance" »

Posted In: Hotel Finance − Hotel Debt & Hotel Equity , Meet the Money®

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com

1 April 2008

Hotel Lawyer on The Hotel Developers Conference™ 2008. Here at www.HotelLawBlog.com and in our everyday practice, the hotel lawyers at JMBM's Global Hospitality Group® are always exploring the cutting edge. Annually, at The Hotel Developers Conference™, the Group's hotel attorneys bring together the leading experts to illuminate the hottest topics concerning hotel development.

In recent years, the hot subject was condo hotels, and then hotel mixed-use, but this year the entire conference was devoted to GREEN hotel development, construction, rehab and operation. (See www.JMBM.com/GHG/conferences). This was a "Gen 2" conference -- moving beyond the basics and into the practical guidance and war stories from the veterans in the trenches.

The Hotel Developers Conference™ even had a great panel on the unique aspects of financing and underwriting the green hotel premium, but of course hotel finance -- green or otherwise -- is the entire subject of JMBM's industrial strength event -- Meet the Money®, which will be held May 6-8, 2008 -- see www.MeetTheMoney.com )

In any event, here is the scoop on the great panels of the second day from The Hotel Developers Conference™ the 2008 annual edition -- Rule #1, "Living" buildings, financing the green premium, and more . . .

Continue reading "Hotel Lawyer: How to build, operate and finance GREEN hotels now." »

Posted In: Green Hotels, Hotel Developers Conference™, Hotel Finance − Hotel Debt & Hotel Equity

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
9 July 2007

Hotel Lawyer on eco-friendly hotel financing in Hollywood California. Today, JMBM issued a press release announcing that its Global Hospitality Group® closed the senior debt portion of the capital stack on one of the largest single hotel mixed-use projects in the country -- and one bound to be a "Green" project at that! The complex construction loan transaction was for JMBM client, HSH Nordbank AG, a leading credit institution headquartered in Hamburg, Germany, and particularly renowned for very large construction loans on luxury hotel projects. [For JMBM's current hotel financing resources, please click here. (www.MeetTheMoney.com) and for other conferences, click here (www.jmbm.com/ghg/conferences).

This is a significant transaction for several reasons.

Continue reading "Hotel Lawyer -- Eco-friendly lifestyle hotel mixed use project closes financing" »

Posted In: Condo Hotels, Green Hotels, Hotel Finance − Hotel Debt & Hotel Equity , Hotel Mixed-Use, Lifestyle Hotels

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
8 May 2007

Hotel Lawyer on debt and equity financing for hotels -- hotel financing update. The party's not over, but it may be time we sobered up. How do you find debt and equity financing for hotel development, hotel mixed-use, repositioning and purchase or sale?

Continue reading "Hotel financing gateway. Meet the Money® -- gateway to debt and equity financing for hotels. How to get your hotel financed." »

Posted In: Hotel Finance − Hotel Debt & Hotel Equity , Meet the Money®

Hotel Lawyer on hotel financing. Looking for money to develop a hotel mixed-use project? Need debt or equity financing to buy a portfolio of hotels or just a one-off deal? Seeking financing to reposition your hotel project? It doesn't matter. . . On May 3, 2007, hundreds of hotel financing experts, hotel developers, and hospitality insiders will converge at the Sheraton Gateway LA Airport Hotel in Los Angeles to Meet the Money®.

Continue reading "Magic carpet for Hotel Financing to buy hotels, develop hotels and reposition hotels -- JMBM's Meet the Money® 2007, May 3, 2007, Sheraton LAX" »

Posted In: Hotel Finance − Hotel Debt & Hotel Equity , Meet the Money®, Outlook and Trends

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
25 April 2007

Hotel Lawyer on hotel financing summit. As more than 120 providers of capital -- debt and equity capital for hotels -- prepare to head to Los Angeles for the ultimate face-to-face summit with consumers of hotel capital in Los Angeles on May 3, 2007 at JMBM's Meet the Money® Conference (for details, see www.MeetTheMoney.com) , a fitting benchmark has been surpassed. The $100 billion deal is now "on the table" and may be about to happen!

Continue reading "Hotel Financing looking at a new benchmark -- The $100 billion deal." »

Posted In: Hotel Finance − Hotel Debt & Hotel Equity , Meet the Money®, Outlook and Trends

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com 9 April 2007

Hotel lawyer reporting from the "Gateway to hotel finance." I have received more telephone calls, e-mails and inquires through www.HotelLawBlog.com recently asking how we can help facilitate financing an unprecedented number of hotel deals. The inquiries concern every type of debt and equity financing imaginable for every kind of hotel or hospitality project -- big hotel deals, little hotel deals; domestic and foreign hotel projects; urban high-rise hotels as well as urban and destination resorts; complex hotel mixed-use and more mundane, bread-and-butter select service hotels.

Continue reading "What are the secrets to financing a hotel project today? Who are the "active" hotel lenders and equity providers now? Who likes to finance hotel development and construction? Hotel mixed-use?" »

Posted In: Hotel Finance − Hotel Debt & Hotel Equity , Meet the Money®

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
29 January 2007

Hotel lawyer on private equity investments in the hotel industry. In my most recent article, I talked about two deals that could profoundly affect the very makeup and direction of the hotel industry. (See, "Two deals that may change the lodging world forever"). Of course, these two transactions are the leveraged buyouts of Equity Office Properties (EOP) and CNL Hotels & Resorts (CHL).

With recent takeover rumors circling InterContinental Hotels Group (IHG), I have recently written on www.HotelLawBlog.com about what these rumors mean. (See, "What do the InterContinental takeover rumors mean? Why IHG? Why now? Who will win the bid?") Some have been saying recently that even Hilton is now on the block. Are the CNL and EOP deals the harbinger for the entire hotel industry -- that every major hotel company could be in play?

Here's why size may no longer impose any limit on acquisitions. . . and why Marriott, Hilton, Starwood, and all the other hotel companies could be up for grabs.

Continue reading "Size no longer matters . . . at least in the hotel industry. Is the entire hotel industry now in play? What the experts have to say." »

Posted In: Hotel Finance − Hotel Debt & Hotel Equity , Outlook and Trends