CHICAGO, Ill. (May 1, 2014)- Perkins Coie represented client Strategic Hotels & Resorts, Inc. (NYSE:BEE), a real estate investment trust (REIT) which owns and provides value enhancing asset management of high-end hotels and resorts in the United States and Europe, in a $300 million stock secured credit facility with an accordion feature allowing for additional borrowing capacity up to $400 million. 

The credit facility is secured by an equity pledge in direct and indirect subsidiaries that own, lease or operate five of the company's assets: Ritz-Carlton Half Moon Bay, Ritz-Carlton Laguna Niguel, the Four Seasons Jackson Hole, Four Seasons Silicon Valley and the Marriott Lincolnshire Hotels.

Led by Chicago partner Bruce Bonjour, the Perkins Coie team included Chicago partners Kurt Neumann and Edward Wicks and Chicago associate Jaime Willis.

Perkins Coie is a leading international law firm that is known for providing high-value, strategic solutions and extraordinary client service on matters vital to our clients’ success. With more than 1,200 lawyers in offices across the United States and Asia, we provide a full array of corporate, commercial litigation, intellectual property, and regulatory legal advice to a broad range of clients, including many of the world’s most innovative companies and industry leaders as well as public and not-for-profit organizations.

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