Robin Zeidel, founder and principal of Zeidel & Associates, will be participating in the Strafford CLE webinar, “Negotiating Hotel Purchase and Sale Transactions: Key Legal Issues for Buyers and Sellers,” on Thursday, June 27, 2024, at 1:00 p.m. EDT. This 90-minute CLE session is available for live viewing or on demand. A highly sought-after transactional lawyer focused on hospitality and real estate, Robin will join a panel to discuss critical legal issues involved in purchasing and selling hotel properties. The program will cover: *Seller representations and warranties*Key contract provisions in purchase and sale agreements*Retention or termination of hotel management/franchise affiliations*The […]

Zeidel & Associates represented Sentral in its recent expansion into Las Vegas and Portland, OR, negotiating property management agreements (PMA) for two new properties: Otonomous Hotel in Las Vegas and The Sutton in Portland, highlighting Sentral’s capability to manage both long-term residential rentals and transient short-term rentals. Additionally, the firm facilitated the subordination agreements with the owners’ lenders. Our team navigated several specific legal and operational challenges to secure a favorable agreement with the property owners. Our team meticulously reviewed, refined, and negotiated terms to address several critical considerations, including: Performance test Indemnification clauses Employee cost management Non-solicitation restrictions Branding […]

Zeidel & Associates Guides Virga Capital Through Hotel Management and Franchise Agreements Montana-based real estate investment and development company Virga Capital acquired the Residence Inn by Marriott Boise West in Idaho. Zeidel & Associates was retained by Virga Capital to negotiate a hotel management agreement (HMA) with Resolute Road Hospitality and a franchise agreement with Marriott. The parties hope to sign future deals together, so the HMA was negotiated in that spirit. The firm was able to finalize the HMA ahead of schedule prior to the closing of the hotel purchase, which enabled the hotel manager to file for its […]