Cases and Deals

Blank Rome Represents Welcome Group in $49M Purchase of Hyatt Place El Segundo Near LAX

A Blank Rome team represented Welcome Group in its $49 million purchase of Hyatt Place El Segundo, a 143-key hotel near LAX in El Segundo, California, from Washington Holdings and in related purchase financing from Commercial Bank of California. The deal closed on September 14, 2022.

For more information, please read Hyatt Place Near LAX Sells for $49M (The Real Deal, September 27, 2022).

The Blank Rome team included Jason S. Kim and Jamie Garelick.