In the Media
Alan Hoffman Discusses Stadium Financing Deals with Law360
In the Media
Alan Hoffman Discusses Stadium Financing Deals with Law360
July 30, 2015
New York-based partner Alan Hoffman was quoted in the Law360 article “One Firm Dominates Recent Stadium Financing Deals” published July 30, 2015. The article discusses the trend of sports teams increasingly looking to upgrade their existing facilities, build new stadiums, or relocate to new cities. The article highlights various recent stadium financing matters in the past year, particularly in California, where much of the recent stadium action has taken place.
The article notes that Mr. Hoffman, who concentrates his practice in corporate and sports lending, infrastructure, securities, and finance matters, is working on a proposed deal to bring a soccer team to Los Angeles after working earlier this year on a stadium improvement project for basketball team the Houston Rockets.
“We have been retained on many stadium financings because of our excellent reputation in project finance and because clients understand that a stadium deal touches on virtually all areas of project finance,” Mr. Hoffman said.
In addition to the Houston Rockets, Mr. Hoffman has completed transactions in the sports sector for the San Francisco 49ers, Los Angeles Dodgers, New York Yankees, Dallas Cowboys, and Boston Celtics.