Real estate partner Cynthia Brotman Nelson handles sophisticated real estate and financing transactions, often involving iconic properties, and represents owners, REITs, opportunity funds and developers, with a strong expertise in the hospitality and lodging sector. She has represented clients in the development, acquisition, disposition, leasing and financing of commercial enterprises both domestic and foreign, including hotels and mixed-use developments, shopping centers, multifamily housing developments, office buildings, industrial properties, unimproved land, and fractional and timeshare properties.
Cindy is Chair of Gardere's hospitality practice and has over 20 years of experience representing and consulting institutional and entrepreneurial hospitality clients. She is relied upon not only for the real estate aspects of the transaction, but also the operational components of running a hotel, making her uniquely qualified to guide and protect clients in all aspects of the hotel operating business.
Cindy’s practice includes senior and mezzanine financing services, complex workout and debt restructuring, joint ventures, management agreements, franchise agreements, buying, selling, developing and ground leasing of all types of real estate products. She also assists investors with recapitalization of distressed borrowers and purchasers of troubled assets.
Her clients rely on her efficient and diligent approach to closing varied, high-stakes transactions, and she is regarded as a creative problem solver.
Some of the clients Cindy has represented throughout the United States and abroad include:
— Represented Ashford Hospitality Trust in connection with its $1.1 billion portfolio refinancing of twenty four hotels around the United States, originated by Column Financial, Inc., which included a mortgage loan and several layers of mezzanine debt
Represented Ashford Hospitality Trust in connection with the acquisition of a 21 property, 4,094 room hotel portfolio for approximately $250 million from Gordon Getty Trust, George Soros and Fisher Brothers and certain members of the Bennett Family for cash and operating units and assumption of three separate securitized loans
Represented Ashford Hospitality Trust in connection with its $412.5 million portfolio refinancing of seventeen hotels around the United States, which included a mortgage loan and senior mezzanine loan with Bank of America, N.A. and a junior mezzanine loan with Q Anthem
Represented Ashford Hospitality Trust in its $478 million portfolio refinancing of fifteen hotels around the United States, with proceeds provided by Bank of America, N.A. and divided into four loan pools, each with mortgage and mezzanine debt components
Represented Ashford Hospitality Trust in its $469 million portfolio refinancing of twenty hotels around the United States, with proceeds provided by Morgan Stanley which was divided into five loan pools, including mortgage and mezzanine debt components
Other Court Admissions — Texas State Courts (1991)