Arnold & Porter Represents Host Hotels & Resorts in $680M Acquisition
August 06, 2024
August 06, 2024
WASHINGTON, Aug. 6 -- Arnold and Porter, a law firm, issued the following news:
Arnold & Porter recently counseled Host Hotels & Resorts, Inc., the largest U.S. lodging real estate investment trust, in an agreement to acquire the fee simple interest in Hawaii's Ritz-Carlton O'ahu, Turtle Bay (formerly Turtle Bay Resort) -- including 49-acres of land entitled for development -- for $680 million net of key money.
The transaction closed on July 31, 2024.< . . .
Arnold & Porter recently counseled Host Hotels & Resorts, Inc., the largest U.S. lodging real estate investment trust, in an agreement to acquire the fee simple interest in Hawaii's Ritz-Carlton O'ahu, Turtle Bay (formerly Turtle Bay Resort) -- including 49-acres of land entitled for development -- for $680 million net of key money.
The transaction closed on July 31, 2024.< . . .