Newport Center Ventures’ $216 Million Acquisition Of 532-room Newport Beach Marriott Hotel & Spa


Pillsbury Winthrop Shaw Pittman LLP advised Newport Center Ventures on the deal.

Newport Center Ventures, LLC acquired the 532-room Newport Beach Marriott Hotel & Spa for approximately $216 million.

Newport Center Ventures is a joint venture between Eagle Four Partners and Lyon Living, both based in Newport Beach, California.

The Pillsbury team was led by Christian Salaman (Picture) and Real Estate partners Eric Kremer and Steve Hamilton. Pillsbury Tax partner Peter Elias, Real Estate partner Caroline Harcourt, Corporate associate Patrick Klingborg and senior law clerk Jacob Axelrod also played a key role in this transaction. The full Pillsbury team included Carrie Bonnington, Thomas Gump, Jessica Lutrin, Laura Latham, Richard Nielsen, Mustapha Parekh, Martin Bridges, Rory O’Neill, Thomas Tiop, Julie Torres and John Monarrez.

Involved fees earner: Carrie Bonnington – Pillsbury Winthrop Shaw Pittman LLP; Martin Bridges – Pillsbury Winthrop Shaw Pittman LLP; Peter Elias – Pillsbury Winthrop Shaw Pittman LLP; Thomas Klaus Gump – Pillsbury Winthrop Shaw Pittman LLP; Steven Hamilton – Pillsbury Winthrop Shaw Pittman LLP; Caroline Harcourt – Pillsbury Winthrop Shaw Pittman LLP; Patrick Klingborg – Pillsbury Winthrop Shaw Pittman LLP; Eric Kremer – Pillsbury Winthrop Shaw Pittman LLP; Laura Latham – Pillsbury Winthrop Shaw Pittman LLP; Jessica Lutrin – Pillsbury Winthrop Shaw Pittman LLP; Richard Nielsen – Pillsbury Winthrop Shaw Pittman LLP; Mustapha Parekh – Pillsbury Winthrop Shaw Pittman LLP; Christian Salaman – Pillsbury Winthrop Shaw Pittman LLP; Thomas Tiop – Pillsbury Winthrop Shaw Pittman LLP;

Law Firms: Pillsbury Winthrop Shaw Pittman LLP;

Clients: Newport Center Ventures;

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Author: Ambrogio Visconti