Seyfarth Advises TMGOC Ventures in Acquisition of Bethesda North Marriott Hotel

May 11, 2026 – Seyfarth Shaw LLP represented TMGOC Ventures in connection with its acquisition of the Bethesda North Marriott Hotel located in Montgomery County, Maryland, near downtown Washington, DC.

Seyfarth advised TMGOC Ventures across all aspects of the transaction, which involved several structural and operational complexities, including the hotel’s location on a ground lease with Montgomery County, ongoing management by Marriott International, and a multi‑tiered organizational structure.

The acquisition of the 455‑key property provides TMGOC Ventures with a high‑quality asset strategically located within one of the nation’s leading biopharma corridors. The hotel benefits from resilient demand drivers across life sciences, government contracting, and diversified group and leisure segments, supporting strong fundamentals within a dynamic Washington, DC submarket.

“TMGOC Ventures continues to execute thoughtfully on its hospitality strategy by deploying capital into high‑quality assets aligned with long‑term market fundamentals, and we were pleased to support them on this acquisition,” said Catherine Morgen, partner and lead attorney on the deal. “Transactions involving institutional partners, ground lease structures, and nationally branded hotel management arrangements require careful coordination and strategic focus. Our role was to help TMGOC navigate those complexities while advancing its broader investment objectives in a hospitality market that continues to gain momentum.”

This transaction adds to Seyfarth’s growing roster of hospitality deals in 2026, reflecting the firm’s sustained momentum in the sector.

The Seyfarth deal team included associates Luke Hoover and Seth Boso.

Seyfarth’s Hospitality Real Estate team brings deep market knowledge of how hotel ownership, brand relationships, and capital structures intersect. Anchored by one of the largest real estate practices in the country and integrated with Seyfarth’s corporate, finance, restructuring, and tax teams, the team advises industry leaders on high‑stakes transactions across the full investment life cycle, from repositioning and scaling hospitality platforms to navigating financial distress and preparing assets for long‑term value creation and exit.

About Seyfarth

With approximately 1000 lawyers across 17 offices, Seyfarth Shaw LLP provides advisory, litigation, and transactional legal services to clients worldwide. The firm is recognized for its innovative approach to delivering legal services, combining deep industry knowledge with advanced technology and substantive excellence.

Seyfarth partners with clients to solve complex challenges across sectors including corporate, litigation, real estate, regulatory compliance, labor and employment, and executive compensation and other benefits work. Committed to collaboration and client-focused solutions, Seyfarth continues to set the standard for legal service delivery in an evolving global marketplace.

About TMGOC Ventures

TMGOC Ventures is a real estate and development private equity firm headquartered in Boca Raton, Fla., with more than 150 years of combined experience specializing in the hospitality and multi-family sectors. Co-founded by Sunju Patel and Glenn Alba, TMGOC Ventures was born out of an entrepreneurial spirit and is guided by institutional mindset focused on acquiring and developing a robust hotel and residential portfolio that creates values for investors, partners and communities. TMGOC’s portfolio consists of $1.5 B in existing and development pipeline investments comprising 3,767 hotel keys, along with opportunistic multi-family, office and retail investments. To learn about investment opportunities and current projects, visit tmgocventures.com.