Farr Law Firm Completes Closing of Sunseeker Resorts Finance Transaction

Written by Farr Law Firm | info@farr.com | Download
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Allegiant Travel Company and TSSP announced an agreement to finance the development of Sunseeker Resorts Charlotte Harbor.

PUNTA GORDA – March 18, 2019 – Today Allegiant Travel Company and TPG Sixth Street Partners announced an up to $1 Billion partnership to develop the Sunseeker Resorts imprint beginning with $175 Million in committed capital for Sunseeker Resorts Charlotte Harbor in Port Charlotte, Florida.

Farr Law Firm attorneys Darol H. M. Carr and David A. Holmes are project counsel to Sunseeker Resorts Charlotte Harbor, representing Allegiant’s development subsidiaries in all aspects of the project.

Holmes and Farr attorney Jack O. Hackett II were lead counsel to Sunseeker Florida, Inc. in the $175 Million capital transaction. Title services were provided by Attorneys’ Title Fund Services, LLC (thefund.com), and title insurance was underwritten by Old Republic National Title Insurance Company (oldrepublictitle.com) with the Farr Law Firm acting as its agent.

“It was a pleasure to work with everyone at TSSP, their attorneys at Ropes & Gray LLP, Goldman Sachs, The Fund, Old Republic and the entire team at Allegiant/Sunseeker on this intricate transaction. We look forward to working on the continued development of Sunseeker Resorts Charlotte Harbor,” said firm president Holmes.

The Farr Law Firm embraces the opportunity to serve the Southwest Florida region and is dedicated to providing the highest level of legal services. The involvement in this project further shows the firm’s commitment to improving the communities in which we live and work.

Official Allegiant and TPG press release: Allegiant and TPG Sixth Street Partners Announce Up To $1 Billion Partnership to Develop Sunseeker Resorts Imprint – Long-Term Agreement Kicks Off With $175 Million in Committed Capital for Sunseeker Resort Charlotte Harbor