Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 02-05-2012 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | Construction Financing for Sahara Hotel & Casino | Industry: | Real Estate Investment & Services |
| Description: |
Davis Polk advised Stockbridge Real Estate Funds in connection with a $300 million construction financing arranged by J.P. Morgan Securities LLC, as lead arranger, with Keycorp Real Estate Capital Markets, Inc., as administrative and disbursement agent, for the renovation and repositioning of the Sahara Hotel & Casino (to be renamed the SLS Hotel & Casino Las Vegas) by a joint venture between the Stockbridge Funds and an affiliate of SBE Entertainment Group, LLC.
The Davis Polk corporate team included partners Thomas Patrick Dore Jr. and Joseph P. Hadley, counsel Susan D. Kennedy and associates Jeffrey Meriggi, Darren Mahone, Dessislav Dobrev and Kathryn C. Chiu (not yet admitted). Partner Rachel D. Kleinberg and associate Catherine Paskoff Chang provided tax advice. Counsel Hayden S. Baker and associate Kevin J. Klesh provided environmental advice. Bernadette M. Sullivan and Sonya Jackman were the legal assistants on the transaction. Members of the Davis Polk team are based in the New York and Menlo Park offices.
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| Financial Center: | New York | Value: | 100.01-500.00 |
| Advised Party: | Borrower | Law Firm | Davis Polk |
| Real Estate Jurisdiction | United States | Real Estate Jurisdiction | United States |
| Classification: |
Real Estate Finance Hotels |
Lawyer | Thomas Patrick Dore Jr |
