LAS VEGAS – Oct. 07, 2021 – Greenberg Traurig, LLP served as Nevada and gaming counsel to Blackstone Real Estate Income Trust (BREIT) in the acquisition of the Aria Resort & Casino and Vdara Hotel and Spa within the Las Vegas CityCenter project for $3.89 billion in a sale-leaseback transaction.
Las Vegas office Real Estate Shareholder Jim Mace led the Greenberg Traurig team in this acquisition. In addition, the deal team included Shareholder Mark A. Clayton (chair of Greenberg Traurig’s Global Gaming Practice); Shareholder Greg Lawrence (Energy & Natural Resources); Shareholder Brady McShane (Land Use and Zoning); Shareholder Erica Okerberg (Gaming); Shareholder Gregg Vermeys (Real Estate); Of Counsel Michael Hogue (Litigation); Of Counsel Chris Thorne (Real Estate and Energy & Natural Resources); Associate Francesca Ciliberti-Ayres (Energy & Natural Resources); Associate David Edington (Real Estate); Associate Pete J. Georgis (Real Estate and Corporate); Associate Zaniah Jordan (Corporate) and Paralegal Trisha Lamb.
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 400 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 (GT) has approximately 2300 attorneys in 40 locations in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 20 on the Am Law Global 100. The firm is net carbon neutral with respect to its office energy usage and Mansfield Rule 4.0 Plus Certified. Web: www.gtlaw.com