2021 Lawyers in Real Estate Awards
Phoenix & Southwest
Angela Turriciano Otto
Real estate counsel to MGM Resorts International in connection with its $3.9 billion sale to Blackstone Real Estate Income Trust of the Las Vegas real estate assets of the Aria and Vdara Las Vegas Resorts, including condominium hotel units
Real estate counsel to Apollo in its $2.25 billion acquisition of the operations of The Venetian Resort and Sands Expo and Convention Center
Real estate counsel to MGM Resorts International in its $1.625 billion acquisition of the operations of The Cosmopolitan of Las Vegas
If there is a marquee project happening in Las Vegas, the odds are high that Angela Turriciano Otto has a substantial role in it. As a shareholder at Brownstein Hyatt Farber Schreck in Las Vegas, few lawyers in Nevada, or across the country, have more experience managing the real estate components of large-scale hospitality and gaming transactions than Turriciano Otto.
Her background in real estate and corporate law makes her a powerhouse attorney with brands such as Caesars Entertainment, MGM and Wynn Resorts relying on her legal counsel. In fact, she closes more than $1 billion in real estate and hospitality transactions annually, shaping the future of Las Vegas through her work on high-stakes development projects.
Turriciano Otto advises clients on other major commercial real estate, development and finance projects. She played a pivotal role as Nevada counsel to the Clark County Stadium Authority in the development of the $2 billion 65,000-seat Raiders Allegiant Stadium. Turriciano Otto also represented the city of Henderson in the sale and development of the Las Vegas Raiders team headquarters and practice facility.
Clients seek out her general commercial counsel when looking to acquire or dispose of hotels or other real property, develop or lease real property or obtain financing. She served as real estate counsel to the Arizona Diamondbacks in their partnership with William Hill to launch and sponsor mobile sports betting in the state and build a sportsbook adjacent to Chase Field, and to NASCAR in connection with its multiyear market access partnership with Penn Interactive, which operates Barstool Sportsbook, in Arizona. Turriciano Otto also assisted BetMGM with the development of a retail sportsbook connected to Nationals Park in Washington, D.C.
These are some of the reasons that we named Turricano Otto to our Phoenix & Southwest grouping of Lawyers in Real Estate. These are real estate attorneys who have distinguished themselves in both their practice and the larger community.