Harold Stahler
Of Counsel
Boston
hstahler@goulstonstorrs.com+1 617 574 4101Harold Stahler
Of Counsel, Boston
hstahler@goulstonstorrs.com+1 617 574 4101Related Expertise
Leaders in the hospitality and real estate industries call upon Harold Stahler to advise on complex hotel and real estate transactions, financings, joint ventures, acquisitions and dispositions, hotel management agreements and franchise agreements.
Harold maintains a comprehensive real estate and hospitality practice nationally. He is recognized by Chambers USA for excellent work and is described as "a thoughtful and creative problem solver with vital business instincts."
Related Representative Matters
Pyramid Global Hospitality in connection with Hotel acquisitions, dispositions, joint ventures and financings, as well as management and franchise agreements, throughout the United States and abroad, including, for example, with respect to the Temple Bar Hotel in Dublin, Ireland; the Westin Grand Cayman and the Sunshine Suites on Grand Cayman Island; the Marriott Residence Inn on Tudor Wharf in Boston (Charlestown), Massachusetts; and a condominium project in Berkeley, California comprised of a 16-story, 331-key Marriott Residence Inn hotel and a Bank of America retail banking facility. The Berkeley representation included negotiation of a purchase and sale agreement, condominium documents, joint venture agreement, mortgage and mezzanine loan documents, a Marriott Franchise Agreement, private offering documents, and off-site parking license and space lease arrangements.
Capital Properties in connection with two iconic properties in Massachusetts, the Chatham Bars Inn located in Chatham and Long Wharf in Boston, which is composed of two historic buildings, The Gardiner Building and the Custom House Block. Representation with respect to each property involved acquisition, financing, and multiple refinancings. Chatham Bars Inn included expansion via acquisition of several nearby properties, negotiation of a Hotel Member Agreement with Preferred Hotels & Resorts, and employee housing arrangements. Long Wharf included a complex, two-phase historic tax credit financing program, which required interface with the Massachusetts Historic Commission, the National Park Service and the City of Boston, as well as the mortgage lender and the tax credit investor.
Pyramid Global Hospitality in connection with a leveraged investment transaction in which an affiliate of TZP Group acquired a majority interest in Pyramid and subsequently Pyramid’s merger with Benchmark Resorts & Hotels. Representations included negotiation of purchase agreements and related disclosure schedules; executive employment agreements as well as phantom unit grant agreements, an executive incentive plan and a promote participation plan for senior employees; obtaining the consent of third parties and amendments to loan documents of CMBS mortgage and/or mezzanine loans involving multiple hotel properties; and spin-off of various Pyramid assets not involved in the transactions. Additional services included liquor license filings incident to the change of control of Pyramid as well as senior secured credit facilities and various organizational documents.
Dart Enterprises in the negotiation of a hotel management agreement and related documents with Kimpton for the Seafire Resort and Spa and Residences located on Grand Cayman Island; represented ownership in connection with hotel management and related financing arrangements for The Westin Boston, Waterfront, the headquarters hotel for the Boston Convention & Exhibition Center; represented ownership in connection with restructuring the management agreement for the Four Seasons Hotel, Boston and in connection with its participation in the ownership of the Four Seasons Hotel One Dalton Street, Boston; represented the developer of the Mandarin Oriental, Boston with respect to hotel and property management agreements, and branding arrangements, for the Mandarin Oriental Hotel, Residences and Apartments; and represented Fairmont Hotels in connection with the Fairmont Copley Plaza, Boston.
The Massachusetts Convention Center Authority in the issuance of an RFP for the development of two hotels adjacent to the Boston Convention & Exhibition Center in Boston’s Seaport District; negotiation of a Development Agreement, Ground Lease, and Room Block Agreements with the designated developer, who ultimately built Aloft and Element Hotels on the site.
Pyramid Global Hospitality in the syndication to third-party investors of interests in hotels in California, Massachusetts, and Arizona. Representation included preparation of offering materials and related SEC and Blue Sky filings.
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Accolades
- Chambers USA, Leisure & Hospitality, USA-Nationwide, 2019-2023 (Band 4)
- Best Lawyers in America® (2023-2026): Real Estate Law
- Massachusetts Super Lawyers, 2004 - 2005, 2008 - 2017, 2019
- "America’s Leading Business Lawyers," Chambers USA 2010-2017
- Martindale Hubbell Peer Review Rated AV Preeminent™
Affiliations
- 2Life Communities; current member of the Board of Directors and former Board Chair from 2003-2006
Admissions
- Massachusetts
Education
Harvard Law School ( J.D. , cum laude , 1972 )
Harvard College ( A.B. , magna cum laude , 1969 )