Johnson & Associates Represent Purchaser to Close Acquisition and Finance of $20 Million Hospitality Development

Galveston County, Texas (April 26, 2021) – Johnson & Associates Partner Christopher Johnson and Senior Associate Attorney Morgan Jenkins represented local developers in the acquisition and funding of $20 Million property development project on the Bolivar Peninsula in Galveston County, Texas. Johnson & Associates attorneys assisted their clients through the entire process including acquisition of the subject property, negotiation of entity structures with other founding equity investors, and negotiation of additional bank financing. After the transaction was closed and the project was fully funded, Johnson & Associates assisted the clients with negotiating and securing a franchising agreement with a national brand.

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