Hotel-Retail Projects Poised For Renaissance

Law360, New York (January 25, 2013, 7:58 PM EST) -- With both hospitality and retail taking huge hits in the economic downturn, attorneys say a budding real estate recovery and friendly lending environment are encouraging developers to combine the two assets, creating unique hotel-retail mixed-use projects.

Adding a hotel to a shopping center or building a new development that incorporates the two types of properties present significant legal challenges, from amending existing lease and land agreements at malls to getting approval from lenders and investors in existing mortgages, but experts agree that the benefits of this...
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