Rori H. Malech

Partner
  • Washington, DC
    p202.419.2111
    f202.862.3601
  • New York
    p212.309.1392
    f718.521.4516

Rori's practice focuses on commercial real estate development and finance.

Rori concentrates her practice in the area of commercial real estate development and finance, representing local and national developers, Real Estate Investment Trusts (REITs), institutional equity investors, institutional and non-institutional lenders and hotel owners and operators. She focuses on acquisitions, dispositions and financings for both borrowers and lenders, negotiation of management and license agreements for hotel owners and operators, workouts and equity and debt participations, in each instance, involving a variety of asset types throughout the United States, including mixed-use development, office, retail, hotel, condominium, multi-family and residential and commercial property.

Relevant Experience

  • Represented Hersha Hospitality Trust on its sale of seven Manhattan limited-service hotels to a joint venture between Hersha and Cindat Capital Management Ltd., in a transaction valued at $571.4 million. The transaction included senior and mezzanine financing in an aggregate amount of $335 million from Natixis Real Estate Capital LLC and Oaktree Capital Management, L.P.
  • Represented leading private equity firm in the acquisition of 38 limited service and extended stay hotels, 4,950 rooms, for $590 million, and negotiation of mortgage and mezzanine financing from two major financial institutions and the securitization of the mortgage and a mezzanine tier.
  • Represented a joint venture in the acquisition of a 34-story, one million square foot skyscraper in Boston, Massachusetts for $561 million.
  • Represented an institutional lender in connection with the $159.5 million mortgage and mezzanine financing of a historic hotel in Washington, DC. The transaction included the sale of one of the floors as an air space parcel to a vacation club and the negotiation of the documents governing the relationship between the hotel and vacation club.
  • Represented a major commercial bank in connection with a $140 million mortgage loan secured by a hotel in San Francisco, California, and two tiers of mezzanine financing of $80 million aggregate.
  • Represented a major insurance company in connection with the upsizing of a $177 million preferred equity interest in a hotel located in the heart of New York City’s Times Square.
  • Advised Israel Discount Bank of New York in connection with a $31.5 million mortgage loan to Berit Realty LLC, owner of SIXTY hotel 6 Columbus, located at 6 Columbus Circle (308 West 58th Street), New York City.
  • Representation of an operator in the negotiation of a joint venture agreement for the acquisition and development of a to-be-constructed 128-room Mondrian hotel in the Old City of Istanbul, Turkey.
  • Representation of an operator in the acquisition, lease and management negotiations with respect to food and beverage operations at Mandalay Bay, Las Vegas, Nevada, and related documentation and negotiation with respect to Delano, Las Vegas, Nevada.
  • Representation of a developer in the negotiation of a purchase and sale agreement for the acquisition of a newly constructed 122-room Holiday Inn in New York City (Midtown).
  • Representation of a developer in the negotiation of a purchase and sale agreement for the acquisition of a newly constructed 185-room Hyatt Place in New York City (Midtown).
  • Representation of an owner in the negotiation of management and license agreements for a Crowne Plaza in Charlotte, North Carolina.
  • Representation of a developer in the negotiation of management and license agreements for a Courtyard by Marriott in College Park, Maryland.
  • Representation of a joint venture in the negotiation of a $350 million loan secured by the St. Regis in Laguna Beach, California.
  • Representation of a joint venture in the negotiation of a $201 million loan secured by the Anaheim Hilton in Anaheim, California, and negotiated the joint venture agreement and related documents on behalf of the developer.
  • Representation of equity in the refinance of a $250 million loan secured by the historic and award-winning Washington Marriott Wardman Park Hotel, in Washington, DC.
  • Representation of a joint venture in the acquisition and $130 million financing of a 35-acre mixed-use development project (including hotel and branded residences as well as commercial, retail and residential) in Huntington Beach, California, known as Pacific City, and negotiated the joint venture agreement and related documents on behalf of the developer.
  • Representation of equity in the acquisition of a 20-acre mixed-used development project (including retail, restaurant, hotel, entertainment, commercial, residential, education and civic space) in Miami, Florida, known as Miami Worldcenter, and negotiated the joint venture agreement and related documents on behalf of equity.
  • Representation of a developer in the acquisition and finance of the former Las Vegas City Hall and adjacent future development land from the City of Las Vegas to be developed and leased to Zappos.com.
  • Representation of a developer in the $46 million refinance of a GSA leased office building in Washington, DC.
  • Representation of a developer in the restructure of a $200 million real estate portfolio of undeveloped land, hotels, mixed-use, office and development holdings in California and Texas.
  • Representation of an equity investor in a $50 million sale of the retail component and a $61 million sale of the apartment component of an urban mixed-use project in Washington, DC.
  • Representation of an equity investor in a $262 million purchase of two office buildings and a development parcel located in Washington, DC.