Rori H. Malech

As a valued team member of clients in the real estate and hospitality industries, Rori is able to leverage her understanding of their business concerns and objectives with her deep experience and current market knowledge to navigate her clients from term sheet to closing of complex commercial transactions.

Recently, Rori has been speaking to clients and the real estate community on the uptick in preferred equity transactions, sharing the depth of her experience with both joint ventures and financings and offering guidance on these transactions.

She represents local and national developers, REITs, institutional equity investors, institutional and non-institutional lenders, and hotel owners and operators with their commercial real estate development and finance transactions. These transactions involve a variety of asset types, including mixed-use development, office, retail, hotel, condominium, multifamily and residential and commercial property.

Working with clients across the United States, she assists both borrowers and lenders on financings, and hotel owners and operators on the negotiation of management and license agreements. Additionally, she partners with clients on real estate acquisitions, dispositions, workouts, and equity and debt participations.

Rori is a frequent speaker and panelist on the hospitality industry and preferred equity transactions.

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 major insurance company with a preferred equity investment in the construction of a 391-key nationally branded hotel in Chicago, Illinois for total project cost of $113 million.
• Represented Hersha Hospitality Trust in connection with the refinancing of seven Manhattan limited-service hotels owned by a joint venture between Hersha and Cindat Capital Management Ltd.  The financing consisted of a floating-rate mortgage loan in the amount of $300 million and a floating-rate mezzanine loan in the amount of $85 million. The mortgage loan is being securitized in a CMBS offering.