Editorial Board   Guest Author

Ms. Morgen

Catherine E. Morgen

Partner, Morris, Manning & Martin, LLP

Catherine E. Morgen is a Partner in the firm's Commercial Real Estate Development and Finance and Hospitality Practices. Ms. Morgen concentrates her practice on the representation of real estate clients, with an emphasis on the hospitality industry.

Ms. Morgen has significant experience representing developers, owners and managers of hotel properties in effecting acquisitions, dispositions and mergers, developing their properties, negotiating hotel management agreements, franchise agreements and technical services agreements, arranging financing, and leasing. She regularly works with all of the major hotel brands and third-party operators for all hotel asset classes.

Ms. Morgen also represents institutional real estate lenders, borrowers and investors, including financial institutions, REITs and pension fund advisors. She specializes in a variety of financing transactions including permanent and construction financing, multi-state collateral pools for revolving credit facilities and mortgage loan servicing.

In addition, Ms. Morgen has written and spoken on a variety of real estate matters including CFIUS in hospitality transactions, easements, development and leasing.

Ms. Morgen is also the chair of the firm's Women's Initiative.

Representative Experience:

- Represented client in the acquisition, financing, rebranding and extensive renovation of historic hotels and resorts, including the oceanfront Cliff House Maine located on 70 acres atop Bald Head Cliff in Ogunquit, Maine, The Adolphus, a 100-plus-year-old iconic downtown Dallas hotel, and the Seelbach Hilton, a well-known historic hotel in Memphis that is listed on the National Register of Historic Places.

- Represented hotel owner in $142 million acquisition and related financing of a 5-hotel, 1,396-room portfolio of Marriott branded select-service and extended stay hotels located in Florida, Georgia and New Jersey from a large public REIT, including the assumption of three existing management agreements with Marriott.

- Represented client in its joint venture with a large institutional investment fund to acquire a 282-room Marriott in Atlanta, Georgia, and a 226-room Hilton Suites in Phoenix, Arizona. In addition, MMM represented the joint venture in obtaining financing for the acquisition and the planned major renovation program for each hotel to upgrade property exteriors, public space, back-of-house areas and guest rooms.

- Represented international hotel owner/manager in $300 million sale of a majority partnership interest with retention of long-term management rights for luxury hotels in Chicago, IL and Miami, FL and $450 million portfolio sale of 13 hotel properties in the U.S., Canada and Caribbean; negotiation of associated long-term management agreements.


Please visit http://www..mmmlaw.com for more information.

Ms. Morgen can be contacted at +1 404-504-7745 or cmorgen@mmmlaw.com

Coming up in July 2019...

Hotel Spa: Pursuing Distinction

The Wellness Movement continues to evolve and hotel spas continue to innovate in order to keep pace. Fueled by intense competition within the industry, hotel spas are seeking creative ways to differentiate themselves in the market. An increasing number of customers are searching for very specific, niche treatments that address their particular health concerns and, as a result, some leading spas have achieved distinction by offering only one specialized treatment. Meditation and mindfulness practices are becoming increasingly mainstream as are alternative treatments and therapies, such as Ayurvedic therapies, Reiki, energy work and salt therapy. Some spas specialize in stress management and offer lifestyle coaching sessions as part of their program. Other spas are fully embracing new technologies as a way to differentiate themselves, such as providing wearable devices that track health and fitness biomarkers, or robots programmed with artificial intelligence to control spa environments, or virtual reality add-ons that transport guests to relaxing places around the world. Some spas have chosen to specialize in medical procedures such as liposuction, laser skin therapy, phototherapy facials, Botox and facial fillers, acupuncture and permanent hair removal, in addition to cosmetic body shaping procedures and teeth whitening treatments. Similarly, other spas are offering comprehensive health check-ups and counseling services for those who are interested in disease prevention treatments. Finally, as hotel spas continue to become more diverse, accessible and specialized, there is a growing demand for health professionals with a specific area of expertise. There is a proliferation of top class, quality wellness practitioners who make a name for themselves by offering their services around the globe, including athletes, chefs, doctors, physical trainers and weight loss specialists. The July issue of the Hotel Business Review will report on these trends and developments and examine how some hotel spas are integrating them into their operations.