Hospitality

Hospitality

  • Representation of a Florida-based cruise line incorporated in Bermuda. As general counsel, Broad and Cassel performed all SEC compliance for the cruise line’s international operations. Our attorneys also handled the initial private offering, acquisition of its initial vessels, initial public offering and subsequent securities offerings. Additional transactions include the restructuring of an operational joint venture with a Hong Kong-based foundation responsible for the educational Semester-at-Sea program, the establishment of an operational joint venture with a Mexican company and the Viejas Band of Kumeyaay Indians and the acquisition and financing of an $86 million cruise ship with a European banking syndicate and through a private placement of securities.
  • Representation of a national retail, commercial and mixed-use development company for the acquisition and development of a nearly 17.0 acre parcel in Orlando, Florida off of International Drive within walking distance to Universal Studios Florida. The parcel will be developed with two hotels, multi-family, retail, nationally branded restaurants and urgent care facilities. Broad and Cassel negotiated the purchase contract with the seller that included both the purchase of the land and vested traffic concurrency, closed the purchase and will be responsible for negotiating the sale of the hotel and multi-family parcels, in-line retail leases, ground leases and the land use entitlements.

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