Real Estate

Related Industry Groups

Within Greenberg Glusker’s broad real estate practice, we have created several practice groups that service specific industries.  These groups were an organic development of from our client base and the diverse background of the lawyers that comprise our department.  Each practice group also regularly includes and draws upon the expertise of attorneys from other disciplines to serve the needs and business objectives or our clients.

For more information, please contact Ryan Iwasaka.

Greenberg Glusker lawyers are among the most experienced in the country in advising clients and negotiating on their behalf in the sales, acquisitions, leases, workouts, member disputes and litigation with respect to golf courses located throughout the United States.

Representative Experience

  • Represented American Golf in the sale of Arrowhead Golf Club to the Florida Department of Transportation; the transaction was very challenging in having to structure and close a commercial transaction with a state agency that generally obtains real estate through condemnation
  • Retained by Los Angeles Country Club to advise on the design and construction of the Club's golf course restoration project; the project entails the complete restoration of the Club's North Course
  • Representing American Golf Corporation in the Request for Proposals (RFP) process regarding Westchester Golf Course near Los Angeles International Airport; along with Greenberg Glusker's Corporate Group, we advised AGC on entity formations and deal structure. If AGC is successful in being awarded the bid, we will negotiate the lease with the City of Los Angeles and advise on all aspects of the golf course restoration project
  • Negotiated loan modification agreements on behalf of the owners of golf courses in San Diego County and Northern Nevada. The transactions, among other things, resulted in the extension of the maturity date of the loans; the reduction of the interest rate of the loans; and the conversion of the required interest payments to a portion of net cash flow, with the balance of interest payments deferred until the extended maturity dates
  • Represented Sequoia/Canongate in managing Textron's golf course REO
  • Represented American Golf Corporation in the sale of the Las Vegas National Golf Club. The nearly $40 million, all cash sale price is one of the highest values achieved for a daily fee golf facility in the United States. The buyer was a consortium of local developers and the Bank of Phoenix provided the debt financing
  • Represented Joe Guerra, former CEO of American Golf Corporation, in the formation of a joint venture with Boston-based Parthenon Capital. We represented the joint venture, Sequoia/Canongate Golf, in its subsequent acquisition of over 26 golf courses, including its acquisition of "The Woodlands" in Houston, Texas, one of the golf industry’s largest transactions completed in 2007. The resort includes five golf courses, restaurants and hotel facilities
  • Represented American Golf Corporation in the sale to CNL and Eagle of a portfolio with 42 golf courses located in eight states throughout the United States
  • Represented American Golf Corporation in the sale to Century Golf/Walton Street of its Texas assets and operating group which included 16 golf facilities.
  • Represented The Sunrise Company in conversion to equity country clubs of the Indian Ridge Country Club, in Indian Ridge, California, and the Royal Oaks Country Club, in Houston, Texas.

For more information, please contact Steven J. Lurie.

Greenberg Glusker actively represents high net-worth individuals and families in their acquisition, renovation and sale of large estate and high-profile properties. Our clients include actors, directors, producers, investors, and foreign nationals who are involved in many of the most noteworthy residential deals in California each year.  Our attorneys frequently and discretely handle eight-figure transactions and assemble teams of experienced agents, architects, project managers and contractors to support the success of the transaction.

Representative Experience

  • Represented a well-known television producer in the development of an approximately 60,000-square-foot home in Holmby Hills.
  • Represented a well-known entrepreneur in the acquisition of three adjoining properties in Bel Air and the assembly of a team of architects, engineers and contractors for an approximately 30,000-square-foot home.
  • Represented a producer of children’s programming in the acquisition of two adjoining lots in Beverly Park, on the Westside of Los Angeles, and the development of an approximately 40,000-square-foot home. Our counsel included the negotiation of agreements with architects, engineers and contractors.
  • Counseled a well-known producer in the acquisition of approximately three acres in Brentwood, California. Advised on the construction of a house designed by Ricardo Legorreta, including the negotiation of agreements with the architects, engineers and contractors.
  • Represented a high net-worth client in the acquisition, entitlement and development of a home designed by Charles Gwathmey in Bel Air, including negotiation of all architectural, construction and consulting contracts.

 

We represent some of the largest developers of hotels, resorts and second home communities in the California and Nevada deserts.  This includes the structuring of both Equity and Non-Equity Gold Course Clubs.

Representative Experience

  • Ongoing strategic counsel to the Bob Marley Estate on the redevelopment and operations to the famed reggae singer’s estate on its property in Nassau, Marley Resort & Spa.
  • Ongoing representation a hotel developer and operator in the acquisition of boutique hotels, including two new properties San Francisco and San Jose, California.
  • Represented a client in the $50 million disposition of a Hilton branded hotel, which detailed negotiations with the government agencies, regarding certain development and license rights, and local unions over employment matters.
  • Represented a subsidiary of Starwood Vacation Ownership Inc. in connection with the purchase of land and development of a Westin hotel and resort in Palm Desert, CA.
  • Represented a client in the refinancing of a Marriott-branded hotel in a $55 million financing transaction.
  • Represented Weintraub Financial Services in its acquisition of historic The Sportsmen’s Lodge properties in Studio City, California.
  • Represented several leading brands in the hospitality industry, including Wyndham, Starwood, and Marriott, in the preparation and negotiation of legal opinions for securitization transactions involving the sale of timeshare loans originated.

For more information, please contact Ryan Iwasaka.

Greenberg Glusker represents the owners and developers of medical facilities and health care professionals in their real property transactions.  Our firm’s close ties with the health care community over its history gives our attorneys an invaluable perspective that assists the clients to ensure that the focus will not be on the real estate deal and, instead, on the care provided to those who need medical assistance.

Representative Experience 

  • Ongoing representation of the owner of an approximately 86,000 square foot medical office building located in West Covina, California.
  • Ongoing representation of the owner of a Class A medical office building located in Santa Monica, California.
  • Represented the developer of a 3-story 50,000 square foot medical office building in Santa Monica, California, including advising the client in the acquisition, construction, finance and leasing phases of the project.
  • Represented Arnon Development in the build-to-suit lease to DaVita, Inc. of a medical office/dialysis center in West Los Angeles.
  • Represented Charter Realty Group in the acquisition and leasing of a medical office building located near Atlanta, Georgia.
  • Represented an urgent care company in its lease of facilities in the San Gabriel Valley of California.

For more information, please contact Ryan Iwasaka.