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Lowndes Advises Xenia Hotels & Resorts on $28 Million Sale of Bohemian Hotel Celebration

November 14, 2022

Lowndes represented Orlando-based Xenia Hotels & Resorts, Inc. in its $27.75 million sale of the Bohemian Hotel Celebration, Autograph Collection, a 115-room boutique hotel located in Celebration, Fla.

Located on 2.34 acres minutes from the Walt Disney World Resort, the luxury hotel is affiliated with the Marriott family of brands and features a heated outdoor pool, a lakeside restaurant and 4,835 square feet of meeting space.

Xenia is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts, with a focus on the top 25 lodging markets as well as key leisure destinations in the United States. Xenia's 33 hotels are in the luxury and upper upscale segments, and are operated and/or licensed by industry leaders such as Marriott, Hyatt, Kimpton, Fairmont, Loews, Hilton, The Kessler Collection, and Davidson.

The Lowndes team advising Xenia on the transaction was led by Rich Fildes and included Logan Opsahl.


Richard

With years of experience in real estate transactions, including acquisitions, dispositions, development and finance; commercial leasing; and construction law, Rich Fildes advises both public and private companies on a broad spectrum of matters in the hospitality, real estate, sports and entertainment industries.


Rich represents owners, developers, lenders, investors, and operators in hotel and resort acquisitions, sales, financings, management, operations and development, franchising and licensing. As co-chair of the firm’s Hospitality & Leisure Group, he and his team have handled more than $25 billion in client transactions involving hotels, resorts, golf and country clubs, theme parks and water parks, family entertainment centers, ski resorts and marinas throughout the U.S. and Canada.

In addition, Rich has represented the developers and operators of sports venues as well as past and current professional athletes in various business capacities.

Chambers USA (2017)* reports that Rich is recognized for his excellence in real estate acquisitions, dispositions, development and finance, most notably with respect to the hotel, sports and entertainment sectors. He is co-chair of the firm’s hospitality and leisure group.

*We make no guarantees or promises that the reader will realize the same or similar results

Logan

Logan Opsahl is an attorney in the firm’s Real Estate Department who focuses his practice on commercial real estate transactions, land use, eminent domain and local government issues. He represents developers, homebuilders, landlords, tenants and franchisees in a wide range of matters involving the acquisition, disposition, development and leasing of commercial real estate.

A third-generation Floridian, Logan is passionate about real estate development initiatives within the state, and he enjoys assisting clients navigate all aspects of real estate transactions, ranging from simple, straightforward deals to highly complex ones. He routinely handles the drafting and negotiation of purchase and sale agreements, as well as retail and office leases. He also has extensive experience counseling clients on development agreements, site plan requirements and other development matters.

A significant portion of Logan’s practice focuses on the representation of both property and business owners against condemning authorities regarding the taking of property for projects related to road widenings, highway construction, natural gas pipelines and powerlines. He has successfully represented the interests of both landlords and tenants in a variety of eminent domain matters, including the taking of commercial properties, residential properties, agricultural properties, gas stations, HOA properties and vacant land.

Prior to joining Lowndes, Logan gained broad experience in municipal law and land use matters while serving as assistant city attorney and police local advisor to the City of Ocoee, where he reviewed development applications and provided legal counsel to city staff.

Logan earned his law degree, as well as a certificate in environmental and land use law, from the University of Florida Levin College of Law. While attending law school, he was a member of Florida Blue Key and served as vice president of the Florida Moot Court Team and vice president of community service of the John Marshall Bar Association. He also served as a clerk for Justice Ricky Polston of the Supreme Court of Florida and worked in the General Counsel’s Office to Florida’s Chief Financial Officer. He holds an undergraduate degree in both economics and political science from Florida State University.

In his free time, Logan enjoys fishing, boating, surfing, hiking and just spending time in the great outdoors of Florida.

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