Companies buying and selling trophy hotel properties in 2016 looked to a wide range of law firms, with more than a dozen picking up work on the 10 largest U.S. deals of the year — though one firm was particularly busy.
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MoFo picked up work on the eighth-largest deal of the year, which saw Ryman Hospitality Properties buy a minority stake in Gaylord Rockies Resort and Convention Center in Aurora, Colorado, from a joint venture of RIDA Development and Ares Management. That deal valued the property at roughly $286.7 million.
F. Mitchell Walker Jr., Lori B. Morgan, Jason S. Lewallen and Felix R. Dowsley III of Bass Berry & Sims PLC and Nelson F. Migdal of Greenberg Traurig LLP guided Ryman.
That property, which is slated to have 1,507 rooms, is the largest U.S. hotel currently being built.
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