Author
Author

David A. Sudeck

Partner

David A. SudeckDavid Sudeck is a member of JMBM's Global Hospitality Group® - a team of 50 seasoned professionals with more than $60 billion of hotel transactional experience, involving more than 1,300 properties located around the globe. David primarily focuses on the formation and registration of condominiums, timeshares, private residence clubs, and fractional interest regimes, the negotiation of hotel, spa, golf, and restaurant management agreements, and the development, acquisition, sale and leasing of hotels, golf courses, and restaurants.
Insights by David A. Sudeck (4)

PACE Financing Lawyer: New York opening PACE – a big opportunity!

PACE financing guidelines are finally available for New York City, and while the program has not officially launched yet, hotel owners and developers in the area should start planning how to use these loans to retrofit their properties.

PACE Financing on a Roll: $6 million loan for Kimpton La Peer Hotel in West Hollywood

Over the past five years, PACE financing has gained wider acceptance, and moved from a novel technique to a mainstream practical solution for financing. For more background on what PACE financing is, why it can be attractive, why it is becoming more popular and how JMBM's attorneys can help, see PACE Financing – Now an accepted tool for hotel lenders and borrowers.

Hotel Lawyer: PACE Financing – Now an accepted tool for hotel lenders and borrowers

Hotel finance lawyer: PACE Financing is now mainstream

The hotel purchase and sale agreement: What do representations and warranties in a hotel purchase and sale agreement mean? Are they really worth anything?

Purchasing real estate along with an operating business (whether a hotel, restaurant, resort, vacation ownership project, spa, golf course or tennis facility) can be complex and risky. There are practical and financial limitations to the information that can be secured and reviewed during what is typically a short (e.
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