JMBM Announces Sale of Marriott Warner Center Woodland Hills
November 27, 2018 11:56am
By Jim Butler and the Global Hospitality Group®
Hotel Lawyers | Authors of www.HotelLawBlog.com
27 November 2018
Los Angeles—The Global Hospitality Group® of Jeffer Mangels Butler & Mitchell LLP is pleased to announce the recent sale of the Marriott Warner Center Woodland Hills. Located in the Warner Center business development in Woodland Hills, CA, the 478-room hotel sold for over $100 million. JMBM represented the seller in the transaction.
The Global Hospitality Group’s team included senior member David Sudeck, as well as associate Caleb Gilbert.
“Our priority is supporting our client’s continued growth and success,” said Sudeck. “The Woodland Hills sale is part of a strategic disposition of key assets.”
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The Global Hospitality Group® of Jeffer Mangels Butler & Mitchell has more than $71 billion in hotel transactions experience involving more than 3,800 properties located around the globe, providing one of the most extensive virtual data bases of market terms for deals and financings. The Group publishes www.HotelLawyer.com, a comprehensive resource for the hospitality industry (including the Hotel Law Blog and many other presentations and tools).
Jim Butler is a founding partner of JMBM and JMBM’s Global Hospitality Group® which provides business and legal advice to hotel owners, developers and investors. This advice covers hotel purchase, sale, development, financing, franchise, management, labor & employment, litigation, ADA, IP, EB-5 matters any many other areas.
Jim is recognized as one of the top hotel lawyers in the world and has led the Global Hospitality Group® in more than $71 billion of hotel transactions and more than 3,800 hotel properties located around the globe.
Jim’s group has advised on more than 100 EB-5 projects, closed more than $1.5 billion of EB-5 financing, and sourced more than half of that for our clients.
Contact Jim at +1-310.201-3526 or JButler@jmbm.com
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