Mexico City, February 2020.- Cannizzo, through its partner Enrique García and the associate Emiliano Quiróz,  acted as the Mexican counsel of The Friedkin Group, buyer of the second stage of Chileno Bay Resort Hotel for USD 16 million dollars. This transaction involved different jurisdictions: United States of America and Mexico.

The Friedkin Group is a privately held businesses and investments consortium driven by the experience, expertise and passions of its Chairman and CEO Dan Friedkin. From one of the world’s largest independent Toyota distributors, to a collection of award-winning luxury resorts, the diverse companies affiliated to The Friedkin Group are unified by a shared mission: to provide best-in-class experiences.

Chileno Bay Resort Hotel, located in Los Cabos, Baja California Sur, is part of Auberge Resorts Collection, headquartered in the United States, whose portfolio has extraordinary hotels, resorts, residences and private clubs around the world

As a result of this transaction, The Friedkin Group added the second Stage of the Chileno Bay Resort Hotel to its hotels portfolio in Mexico operating such hotel under the brand of Auberge Resorts Collection. Other law firms involved in the transaction were Ballard Spahr LLP (US), Locke Lord LLP (US) and TP Legal Group (MX).