No matter what the type of organization, playing an active role in the political decision-making process and policy formation is no longer a luxury—it is an imperative.
A coronavirus pandemic (or even the threat of such a pandemic) could easily make it more difficult for parties to perform their obligations under many types of contracts—especially contracts requiring travel or involving the delivery of goods and services. In the event that one of the parties to a contract can’t perform as a result of an actual or potential coronavirus outbreak, would the doctrine of force majeure allow them to suspend their performance or terminate the contract?
As a Las Vegas native and active member of the community, Jamie Thalgott understands Nevada’s political climate, the state’s highly regulated gaming industry and the unique market’s effect on complex land use and real estate transactions. Her practice focuses on providing counsel to both high-profile developers negotiating development agreements and entitlement applications with local municipalities and high-profile casino/resort clients negotiating property acquisitions, dispositions, financings and leasing as well as legal issues related to land use and property development.
Prior to returning to Brownstein, Jamie served as an assistant city attorney for the City of Henderson, Nevada, where she negotiated the multimillion dollar sale and associated development agreement of 55 acres of city land to the Oakland Raiders for their headquarters and practice facility. Jamie also represented the city in the sale of 279 acres of city land to an affiliate of Haas Automation, Inc., for the development of an advanced manufacturing facility and integrated campus. Additionally, she served as lead counsel to the City of Henderson Planning Commission, Property Management Department and Community Development and Services Department. In her time at the city, Jamie drafted new and revised regulations for the municipal development code, including the highly publicized regulation of golf course closures, and reviewed legislation for the city during Nevada’s legislative sessions.
Counsel to Caesars in connection with its $375 million development of Caesars Forum Convention Center.
Nevada counsel to MGM Resorts International and MGM Growth Properties LLC in connection with forming a joint venture with Blackstone Real Estate Income Trust to acquire the Las Vegas real estate assets of the MGM Grand and Mandalay Bay for $4.6 billion. Concurrent with the acquisition, MGM Resorts entered into a master lease to lease from the joint venture and operate both properties.
Counsel to MGM Resorts in its $825 million sale of the Circus Circus Hotel Casino and Festival Grounds to an affiliate of businessman Phil Ruffin.
Nevada counsel to MGM Resorts International in Blackstone Real Estate Income Trust’s $4.2 billion acquisition of Bellagio real estate from MGM and lease back to MGM. This sale has been said to be the single largest resort sale in Las Vegas’ history.
Counsel to MGM in the sale of Circus Circus Reno’s assets and MGM’s 50% equity interest in Silver Legacy Resort Casino Reno, as well as the sales of the Gold Strike Hotel & Casino and the Railroad Pass Hotel & Casino.
Represented a gaming company in connection with the purchase of a grandfathered casino in Southern Nevada.
Represented large hotel casino operator with purchase of industrial land located in Las Vegas, Nevada, including zoning issues related thereto.
Served as gaming and Nevada counsel in connection with the purchase of prominent Las Vegas hotel casino and related acquisition financing.
Represented hotel casino company in connection with the purchase of several acres of real property located in Southern Nevada.
Represented HELP of Southern Nevada in the acquisition and development of a homeless youth center in Las Vegas, Nevada.
Brownstein served Caesars Entertainment as Nevada counsel in connection with the sale of four Las Vegas hotel casino resorts to Caesars Growth Partners for a purchase price of US$2.2 billion, and also served as Nevada counsel to Caesars Growth Partners with respect to the financing for such acquisition.
Served as Nevada counsel to Caesars Entertainment in connection with its US$3.3 billion new senior secured credit facilities and issuance of US$1.9 billion senior secured notes in order to finance the CMBS repurchase and refinance a construction loan.
Counsel to a hotel casino in a restructuring of a restaurant joint venture which involved negotiating new leases, licenses and intellectual property agreements.
Served as counsel to several gaming companies in connection with acquisitions of hotel casinos located in Southern Nevada.
Negotiated on behalf of a municipality an amended and restated development agreement and parks agreement with respect to a large master planned community.
Assist Caesars Entertainment Corporation affiliate with sale of vacant land transaction in Bossier City, Louisiana.
Represented KSL Capital Partners in the sale of five iconic resort properties to TRT Holdings, owner of Omni Hotels & Resorts in a series of five related transactions. The properties that were included in the sale are Barton Creek Resort & Spa in Austin, Texas; La Costa Resort & Spa in Carlsbad, California, Rancho Las Palmas Resort & Spa in Rancho Mirage, California; Grove Park Inn in Asheville, North Carolina; and The Homestead Resort in Hot Springs, Virginia. Brownstein acted as lead counsel on the transaction facilitating the buyer's due diligence review of the properties and the resorts, the negotiation of five separate purchase agreements, and completion of all closing conditions.
Served as Nevada counsel to client in connection with the multi-million dollar sale of office buildings and vacant land including imposition of restrictive covenants with respect thereto.
Negotiated the $7 million sale of the River Palms Hotel Casino in Laughlin, Nevada to Reno-based M1 Gaming on behalf of Tropicana Entertainment Inc.
Counsel to FP Holdings, L.P. in connection with multiple deed in lieu of foreclosure transactions relating to defaults of seller-backed financing of condominium units at Palms Place.
Negotiated sale of 36 acres of vacant land on behalf of City of Henderson.
Served as Nevada counsel to Hines Interests and Oaktree Capital Management Joint Venture in connection with the acquisition and financing for Summerlin office building portfolio comprised of 32 buildings and totaling 1.1 million square feet.
Served as real estate and corporate counsel to Wynn Las Vegas, LLC in connection with the termination of its credit facility, the related release of liens on its assets and the distribution to its parent company all of the equity interests in Wynn Golf, LLC.
Assisted Deutsche Bank Trust Company Americas as Nevada corporate, real estate and gaming counsel in connection with a credit facility, including term loans and revolving loans, with Affinity Gaming, LLC (formerly Herbst Gaming, LLC), as borrower.
Acted as Nevada gaming and corporate counsel to Fertitta Entertainment LLC and certain of its subsidiaries, and issued a legal opinion in connection with a secured revolving credit facility.
Alumni Board Member, The Meadows School
Certified Commercial Investment Member (CCIM), Programs Board
Las Vegas Takes a Cue From Hotel-Casinos When it Comes to Golf Course ClosuresAuthor, Western Real Estate Business, January 2020
Leadership Henderson, 2019
NAIOP Developing Leaders Institute, 2016
Legal Elite, Nevada Business Magazine, 2014 and 2017
State Bar of Nevada
Clark County Bar Association
National Association of Industrial and Office Properties
Henderson Chamber of Commerce
American Bar Association