Mar 14, 2013 | Recent Deals | Orange County
Paul Hastings, a leading global law firm, announced today that the firm represented Lodging Enterprises, LLC, in the sale of its business to American Hotel Income Properties REIT LP, a Canadian REIT formed to indirectly own and acquire hotel properties in the United States through its indirect subsidiary Lodging Properties LLC.
Lodging Enterprises, LLC, owns and operates 32 proprietary branded hotels in 19 states and 24 proprietary branded diners and also owns the Oak Tree Inn and Penny’s Diners brands; and is the Canadian REIT’s first acquisition in the United States.
Private Equity partner William Simpson led the Paul Hastings team, which also included Real Estate partner John Simonis and Corporate associate Aref Afsari.
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