NEW YORK – June 28, 2022 – Michael J. Sullivan, co-chair of the Hospitality Practice Group at global law firm Greenberg Traurig, LLP, moderated a panel discussion on digital securities at the 44th annual International Hospitality Industry Investment Conference hosted by New York University (NYU) June 6.
The panel, titled “Digital Securities: Tokenized Property Interests and the Capital Stack of the Future,” focused on the potential benefits of using blockchain technology to tokenize private real estate securities and the listing and trading of Tokenized Property Interests (TPI) securities on alternative trading systems (ATSs). Joining Sullivan on the panel were Brent Reynolds, CEO and managing partner of TPI issuer Nolan Reynolds International; Michael Hiles, founder and CEO of blockchain technology provider 10XTS and CEO of Ledger Lab; Jeffrey Gangl, chief commercial officer of ATS exchange Templum Markets; and Wee Ming Choo, deputy general counsel of Avalanche blockchain creator Ava Labs.
Sullivan, a shareholder in the firm’s Orlando office, has wide-ranging experience in the acquisition, development, finance, and disposition of hotels, resorts, branded residences, and condo-hotels. He regularly provides guidance on management, franchise, and operating agreements for hotels, publicly financed hotel management agreements, construction and permanent financings, and the purchase of distressed mortgage debt instruments secured by hospitality-related real estate.
About Greenberg Traurig’s Real Estate Practice: The Greenberg Traurig Real Estate Practice is a cornerstone of the firm and recognized leader in the industry. The firm’s real estate attorneys deliver diversified and comprehensive counsel for property acquisition and investment, development, management and leasing, financing, restructuring, and disposition of all asset classes of real estate. The team draws upon the knowledge and experience of more than 600 real estate lawyers from around the world, serving clients from key markets in the United States, Europe, the Middle East, Latin America, and Asia. The group’s clientele includes a broad range of property developers, lenders, investment managers, private equity funds, REITs, and private owners. The firm’s real estate team advises clients on a variety of matters across a broad spectrum of commercial, recreational, and residential real estate, including structured equity and debt and the hybrids.
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2400 attorneys in 43 locations in the United States, Europe, Latin America, Asia, and the Middle East. The firm, often recognized for its focus on philanthropic giving, innovation, diversity and pro bono, reported gross revenue of over $2 Billion for FY 2021. The firm is consistently among the top firms on the Am Law 100, Am Law Global 100, NLJ 250, and Law360 (US) 400. On the debut 2022 Law360 Pulse Leaderboard, it is a Top 15 firm. Greenberg Traurig is Mansfield Rule 4.0 Certified Plus by The Diversity Lab and net carbon neutral with respect to its office energy usage. Web: www.gtlaw.com.