On an emergency basis, Lowenstein's Real Estate practice drafted a lease for a client’s hotel in North Carolina. The lease called for the hotel to be converted into an emergency COVID-19 quarantine facility for U.S. Army soldiers who were infected with the virus and being airlifted out of bases in Northern Italy. The hotel has been functioning as a quarantine facility since March 20, 2020. The client is an international developer and community builder and the U.S. Army’s private-sector partner in connection with the Privatization of Army Lodging (PAL) across all of the Army's domestic bases. The Lowenstein team was led by Ted Hunter, Chair of the firm's Real Estate practice.
The firm's national Real Estate practice provides strategic guidance on all aspects of the acquisition, disposition, development, financing, leasing, and operation of real property; it also manages disputes that may arise in the course of such transactions. The practice regularly counsels developers and other participants in public-private partnership transactions. Clients include developers, investors, and landlords; leading financial institutions, including investment advisers, private equity firms, and commercial and investment banks; Fortune 100 companies; national and regional retailers; and closely held businesses.