Hong Kong & Chicago – Paul Hastings, a leading global law firm, announced today that the firm advised Sino-Ocean Group (“Sino-Ocean”), one of the largest real estate companies in China, in its US$95 million acquisition of boutique hotel and members’ club Soho House in Chicago’s booming Fulton Market neighborhood. Hong Kong private equity firm Gaw Capital Partners and Huarong International Financial Holdings also teamed up for the six-storey, 40-room hotel.
Paul Hastings has advised Sino-Ocean on several debt capital markets, banking & finance and inbound/outbound M&A related transactions over the years including on its partnership with U.S.-based wellness real estate and technology firm Delos to advance health and wellness in the built environment in China in 2017, and on its US$1.2 billion guaranteed notes offering in 2015.
The multi-jurisdictional, cross-practice Paul Hastings team was led by partners Vivian Lam, John Cahill, Bradley Ritter and Thomas Wisialowski, with support from associates Jeff Lee, Hulka Lo, David Stanek and Katherine Tandler.
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.