Hotel Transactions in Illinois

Hotel transactions are often described as a complex hybrid of a real estate asset purchase and a purchase of an operating business.

This program, taught by attorneys Larry Eppley and Michael Roth, discusses the key issues to consider in representing clients buying, selling and operating hotels in Illinois and throughout the country, from purchase, through joint venture, financing and operations, and sale.

Learning Objectives: 

1. Provide a general understanding of why a hotel transaction is much more than just a purchase of real estate
2. Identify the relevant contractual provisions that are specific to hotel purchase and sale transactions
3. Discuss hotel financing and other capital sources (including EB-5 and tax credits) in the current marketplace
4. Summarize key points to consider when negotiating hotel management agreements and franchise agreements
5. Understand operational issues facing hotel owners and operators