Dustin Alexander Paige

Counsel

Chicago
dustin.paige@lw.com
+1.312.876.6568

PRACTICES

  • Real Estate

INDUSTRIES

  • Hospitality, Gaming & Leisure

BAR QUALIFICATIONS

  • Illinois

EDUCATION

  • JD, Vanderbilt University Law School, 2012
    Dean's List
  • BA, University of Michigan, 2009
    with high distinction

PROFILE

Dustin Paige advises clients on a variety of commercial real estate transactions across the US, particularly within the hospitality sector.

Dustin draws on a sophisticated understanding of complex real estate assets — including retail, office, hotel, multi-family, and mixed use properties — to guide REITs, private equity funds, and other real estate investors on:

  • Single-asset and portfolio acquisitions and dispositions
  • Joint ventures
  • Financing, including mortgage, mezzanine, and construction
  • Leasing and sale-leasebacks
  • Property management and franchise agreements
  • Acquisitions of distressed debt

He leverages his business acumen and relationships across the industry to devise practical and creative solutions, often on a compressed time line.

Dustin maintains an active pro bono practice, including advising nonprofit performing arts group Steep Theatre Company on acquiring its new performance space.

Before joining Latham, Dustin practiced at another leading international law firm.

EXPERIENCE

Dustin's recent experience includes advising:

Acquisitions and Dispositions

  • The Blackstone Group on:
    • Acquiring multi-family projects in Austin, Texas and in Denver, Colorado
    • Selling a multi-family project in Tennessee
  • GEM Realty Capital on:
    • Acquiring and financing the Hilton Hotel in downtown San Jose, California
    • Financing its acquisition of the Buena Vista Palace Hotel & Spa, a resort near Disney World in Lake Buena Vista, Florida
  • Highgate, a premier real estate investment and hospitality management company, on the US$2.8 billion acquisition of six hospitality portfolios from Colony Capital
  • Oak Hill Advisors on its investment in 110 North Wacker Drive, a 55-story office tower in Chicago, from The Howard Hughes Corporation
  • One Rock Capital Partners on:
    • Its acquisition, along with Metropoulous & Co., of Nestlé Waters North America, a bottled water provider
    • Acquiring ArchKey Solutions, an electrical and technologies contracting and services provider
  • Xenia Hotels & Resorts on acquiring W Nashville, a luxury lifestyle hotel

Joint Ventures

  • Flynn Properties, owner of commercial real estate, luxury resorts, and select service hotel properties, in a joint venture with Värde Partners on the US$1.1 billion acquisition of an 80% interest in 89 select service and extended stay hotels from affiliates of Highgate and Cerberus Capital Management
  • Haberhill on:
    • Forming a joint venture with Walton Street Capital to recapitalize and acquire the Hyatt Regency Minneapolis, a hotel in Minnesota
    • Forming a joint venture to acquire the Hyatt Regency Houston, a hotel in Texas

Leasing and Sale-Leasebacks

  • BlueTriton Brands (formerly Nestlé Waters Division) in connection with a sale-leaseback of 20 large industrial facilities