Richards Kibbe & Orbe LLP represents Farallon Capital Management in new hotel joint venture

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August 13, 2013

Richards Kibbe & Orbe LLP attorneys Eric O’Meara and Catherine Turgeon helped Farallon Capital Management, one of two lead equity investors,  consummate the formation and financing of a newly formed hotel and resort venture. The newly formed venture acquired an initial portfolio of thirteen hotels, located in Mexico, the Dominican Republic and Jamaica. It was capitalized in part by a $325 million equity infusion from Hyatt Hotels Corporation and obtained debt financing through the issuance of $300 million of notes and under a $375 million senior loan facility.