
Richard Cremieux
Biography
Practice Focus
Representative Legal Matters
The following is a sampling of Richard's representative transactions:
- Representing a Japanese investor in the joint venture for the development and construction of two hotel/residential towers in Seattle, Washington
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Representing the owner of a 60-acre parcel in Chicago, Illinois in the development and construction of the property
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Representing the owner of three luxury hotels located in New York and California in connection with a USD 465 million refinancing of the debt encumbering the hotels
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Representing the owner of a luxury hotel in Los Cabos, Mexico, in connection with the acquisition of the hotel and two expansions of the hotel adding an additional 43 luxury residential units
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Representing a joint venture in the USD 209 million sale of six four-star hotel properties located in different states; this transaction also included the defeasance of two loans encumbering the properties and a §1031 exchange
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Representing a luxury international hotel ownership and management company in connection with a USD 590 million hotel/condominium development in New York City, including all hotel management documentation, and the formation of two joint ventures: the first with a well known New York real estate developer with respect to the development, and the second with a Middle Eastern equity partner with respect to the equity financing
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Representing a US luxury hotel and resort company in structuring and closing a CMBS USD 425 million direct to capital markets financing transaction, secured by five luxury hotel properties located in the continental United States, Hawaii, and Mexico
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Representing the joint venture ownership in the sale of a USD 105 million four star hotel property located near O’Hare International Airport
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Representing an international hotel management and operations company in structuring and negotiating a hotel/condominium management agreement, including a reservations agreement, unit maintenance agreement, condominium instruments, and related condominium documentation, for a new hotel/condominium to be developed in Chicago
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Representing an international manufacturing company in a public/private redevelopment of a major manufacturing facility in the Chicago suburbs
Professional Honors
- Recognized in Real Estate Law, Best Lawyers in America, 2015
Professional Associations and Memberships
- American Bar Association - Real Estate Finance and Construction Form Committees of the Section of Real Property, Probate, and Trust Law, and the Uniform Commercial Code Committee of the Section of Corporation, Banking, and Business Law
- Illinois State Bar Association - Sections on Real Estate Law, Environmental Law, and Commercial, Banking, and Bankruptcy Law
- Chicago Bar Association - Real Estate Finance Subcommittee and Environmental Subcommittee of the Real Estate Committee
Corporate Responsibility
Admissions
- Illinois~United States (1976)
Education
- Loyola University Chicago School of Law (J.D.) (1976)
- Loyola University, Chicago (B.A.) (1969)
Languages
- English