Gary E. Axelrod

Representative clients include:

• Apollo Global Real Estate
• Ascendant Capital Partners
• Atrium Hotels
• Dreamscape Companies
• Dune Real Estate Partners
• GEM Realty Capital
• Haberhill
• Hersha Hospitality Trust
• HHM
• Highgate Capital Investments LP
• Junius Real Estate Partners
• Kayne Anderson Real Estate
• KHP Capital Partners
• Loews Hotels
• MCR Development
• Monarch Alternative Capital
• Peterson Companies
• Playa Hotels & Resorts
• Remedy Medical Properties
• Riller Capital
• Schulte Hospitality
• Starwood Capital Group
• Walton Street Capital

Mr. Axelrod’s experience includes advising:

• Highgate Capital Investments LP in its US$1.5 billion go-private acquisition of CorePoint Lodging, a publicly-traded REIT
• Highgate Capital Investments LPin its US$2.8 billion acquisition of Colony Capital’s 197 hotel investment platform
• Ascendant Capital in its US$450 million joint venture with respect to preferred equity PIPE and warrants in Watermark Lodging Trust
• Highgate Capital Investments LP in its US$3.5 billion acquisition of Colony Capital’s Wellness platform
• Dreamscape Companies in its US$516.3 million acquisition of Rio All-Suite Hotel & Casino, a gaming resort, from Caesars Entertainment
• Highgate Capital Investments LPin its US$50 million joint venture with respect to preferred equity PIPE and warrants in American Hotel Income Properties
• A real estate private equity fund in its PropCo and OpCo investment in a combination contemporary art museum and boutique hotel chain
• A closely held real estate investment company in its ground lease for a new-build hotel and casino in Maryland and subsequent bond financing
• Various clients in separate portfolio sales and acquisitions of hotel portfolios aggregating to well more than US$5 billion in value
• Private equity fund in a development joint venture for a luxury hotel-anchored mixed-use project
• GEM Realty Capital in the acquisition of a more than 1,700 single-family home rental portfolio
• Loews Hotels in a public-private partnership for the development of a flagship convention center hotel
• Private equity fund in the formation of two Freddie Mac-focused debt funds
• Starwood Capital Group in a joint venture for a mixed-use project involving two, dual-branded hotels in Nashville
• Remedy Medical Properties in acquisitions of large, medical office building portfolios
• Starwood Capital Group in its acquisition of TMI Hospitality, an owner and operator of more than 200 hotels
• MCR Development in the acquisition and financing of a portfolio of 18 Marriott and Hilton hotels across 11 states in the US
• Private equity fund in the acquisition of multiple portfolios of manufactured housing communities
• Hersha Hospitality Management in numerous joint ventures and company-level recapitalization
• KHP Capital Partners in the sale of Kimpton Hotel & Restaurant Group, an operator of boutique hotels and restaurants, to the InterContinental Hotels Group
• Walton Street Capital in a joint venture acquisition of mezzanine debt, foreclosure, and senior mortgage restructuring secured by a hotel in Hawaii
• KHP Capital Partners in the redevelopment of an office building into a boutique lifestyle hotel, as well as the related financing
• Privately equity owned manufactured housing operator in the restructuring of approximately US$1.6 billion in commercial mortgage-backed securities debt
• Private-equity owned golf club operator in the restructuring of mortgage and mezzanine debt and the implementation of a debt-for-equity exchange
• General Growth Properties in the bankruptcy and restructuring of more than US$10 billion of debt
• MCR Development in the acquisition and financing (including loan assumptions) of a 26 hotel and operating company portfolio
• Hersha Hospitality Trust in a US$200 million notes offering
• GEM Realty Capital in the acquisition and financing of a luxury hotel in San Francisco
• Kerzner International in the management, development, and ownership of six-star international resort projects, including in Dubai, Abu Dhabi, and Mexico
• International hotel brand operator in the US$650 million acquisition of a national hotel chain, including 60 owned hotels
• International hotel brand operator in the ground lease, financing, construction, and management of a convention center hotel
• International hotel brand operator in the US$325 million sale of four hotels in Sardinia, Italy, and a joint venture to develop approximately 6,000 acres of undeveloped land
• Merchant developer in the restructuring of US$650 million of debt