Editorial Board   Guest Author

Mr. Opar

John Opar

Partner, Real Estate Practice, Shearman & Sterling LLP

John Opar is a partner in the Real Estate practice. He has extensive experience in all areas of commercial real estate law, including foreign investment in U.S. real estate. He has worked frequently on Shari’ah compliant investments and has been involved in development projects in the U.S., the Middle East, China, England, Germany and the Philippines. Some of his most recent representation includes advising Qatar Investment Authority on its investment in Manhattan West, a development site valued upon completion at up to US$8.6 billion, advising Wafra Investment Advisory Group, Inc. in the acquisition of numerous multi-family and office properties including in New York; Washington, D.C.; Miami, Florida advising Public Institution for Social Security of Kuwait with respect to an investment in a joint venture to acquire a US$1 billion+ portfolio of regional shopping centers and advising a sovereign wealth fund in connection with investments with an operating partner in Manhattan office properties at 230 Park Avenue and 350 Madison Avenue. Mr. Opar received his J.D. from the University of Pennsylvania Law School and his B.A. from Swarthmore College. Mr. Opar is a member of the New York City Bar Association, the New York State Bar Association, the Arab Bankers Association of North America and the Real Estate Board of New York . Mr. Opar has authored several publications and participated in a number of speaking engagements at seminars and conferences on various real estate subjects. He has also been recognized in Euromoney’s Guide to the World’s Leading Real Estate Lawyers, New York Super Lawyers and The International Who’s Who of Real Estate Lawyers. Please visit http://www.shearman.com for more information.

Mr. Opar can be contacted at 212-848-7697 or jopar@shearman.com

Coming up in March 2018...

Human Resources: Value Creation

Businesses must evolve to stay competitive and this is also true of employment positions within those organizations. In the hotel industry, for example, the role that HR professionals perform continues to broaden and expand. Today, they are generally responsible for five key areas - government compliance; payroll and benefits; employee acquisition and retention; training and development; and organizational structure and culture. In this enlarged capacity, HR professionals are no longer seen as part of an administrative cost center, but rather as a member of the leadership team that creates strategic value within their organization. HR professionals help to define company policies and plans; enact and enforce systems of accountability; and utilize definable metrics to measure and justify outcomes. Of course, there are always new issues for HR professionals to address. Though seemingly safe for the moment, will the Affordable Care Act ultimately be repealed and replaced and, if so, what will the ramifications be? There are issues pertaining to Millennials in the workforce and women in leadership roles, as well as determining the appropriate use of social media within the organization. There are new onboarding processes and e-learning training platforms to evaluate, in addition to keeping abreast of political issues like the minimum wage hike movement, or the re-evaluation of overtime rules. Finally, there are genuine immigration and deportation issues that affect HR professionals, especially if they are located in Dreamer Cities, or employ a workforce that could be adversely impacted by federal government policies. The March Hotel Business Review will take a look at some of the issues, strategies and techniques that HR professionals are employing to create and sustain value in their organization.