Courtney G. Capute is co-chair of Venable’s Hospitality Industry Sector Initiative. Courtney represents major hotel brands and some of the country’s largest third-party hotel management companies in the negotiation of long-term management agreements and related agreements.
She is an experienced business attorney who also focuses on real estate transactions and commercial mortgage-backed securities (CMBS) special servicing. Courtney maintains a broad-based real estate practice, representing buyers, sellers, and owners of real estate in all aspects of development, including land acquisition, financing, and disposition.
She focuses her special servicing work on workouts of troubled CMBS loans, including note sales and the disposition of real estate-owned (REO) property.
- J.D.University of Maryland1986
- B.A.Ohio Wesleyan University1977
Bar Admissions : Maryland
Professional Memberships and Activities : Graduate, Baltimore City Leadership class, 2006
Representative Matters :
- Represents an international hotel brand in connection with its brand management of full-service hotels located throughout the United States, and the negotiation of all related agreements, including SNDAs, repositioning agreements, cash management agreements, assignments, and termination agreements
- Represented an international hotel brand in connection with the negotiation of a master declaration covering a mixed-use, branded hotel and timeshare product and related agreements
- Represents CMBS Special Servicers concerning participant and servicer rights, the negotiation of loan modifications, deed in lieu of foreclosure agreements, note sales, and REO sale agreements
- Negotiated a master development agreement between independent private healthcare institutions. The agreement included land swaps, purchase options, various development restrictions, and cross easements
- On behalf of four special servicers, served as real estate team leader on 62 loan restructurings associated with the bankruptcy filings of the tenants in common (TIC) sponsor, affecting mortgage loans on commercial properties located in 21 states
- Represented the special servicer on a workout involving a 16-building, 1.9 million square foot corporate center, including negotiating a deed in lieu and a settlement agreement
Rate : $$$