Bracewell LLP advised Crescent Real Estate LLC on the deal.
Crescent Real Estate LLC (Crescent) announced its acquisition of The Hotel at Avalon, a 330-room luxury Marriott Autograph Collection hotel located in the metro Atlanta suburb of Alpharetta, Georgia. The hotel, which is also home to the 65,000 square foot Alpharetta Conference Center, is located within the highly acclaimed, $1 billion, 86-acre, master planned, mixed-use development community known as Avalon. Crescent’s investment in The Hotel at Avalon was made through its private equity fund known as GP Invitation Fund II.
Working in conjunction with investors and high-net-worth clients, Crescent acquires, develops and operates high-end properties including Class A and creative office space, hotels, resorts, senior living and multifamily properties throughout the United States.
The Bracewell team included K. Brock Bailey (Picture), Matthew G. Nielsen, Rebecca L. Baker, Scott C. Sanders, Timothy A. Wilkins, Christopher D. Olive, Elizabeth L. McGinley, C. Robert Baird and Christie L. Latimer.
Involved fees earner: Brock Bailey – Bracewell; Robert Baird – Bracewell; Rebecca Baker – Bracewell; Christie Latimer – Bracewell; Elizabeth McGinley – Bracewell; Matthew Nielsen – Bracewell; Christopher Olive – Bracewell; Scott Sanders – Bracewell; Timothy Wilkins – Bracewell;
Law Firms: Bracewell;
Clients: Crescent Real Estate LLC;