Seyfarth Advises TMGOC Ventures on Financing for The Ritz‑Carlton Savannah

April 6, 2026 – Seyfarth Shaw LLP represented TMGOC Ventures in connection with the structuring and closing of a complex financing supporting the construction and renovation of two historic office buildings in downtown Savannah, Georgia, which will be converted into The Ritz‑Carlton Savannah, Downtown.

The transaction involved a multi-layered capital stack combining senior construction financing, bridge financing, and equity investments from US and international family offices and private investment funds, together with the syndication and allocation of state and federal historic tax credits.

“This transaction brought together hospitality, real estate, finance, and tax credit structuring in a highly coordinated way,” said Catherine Morgen, co-lead attorney on the deal. “Developments of this scale—particularly those involving historic assets and layered sources of capital—require careful alignment of legal, financial, and preservation considerations. Our team worked closely with TMGOC Ventures to deliver a financing structure that supports both the project’s complexity and its long-term vision.”

“The Ritz‑Carlton, Savannah is a prime example of sophisticated hospitality development,” said Thomas Gryboski, co-lead attorney on the deal. “From construction and bridge financing to equity participation and historic tax credits, this was a true full‑cycle hospitality transaction. We’re proud to have supported TMGOC Ventures as they move forward with a development that will redefine the Savannah hospitality market while honoring the city’s historic character.”

The Seyfarth deal team was co-led by Atlanta-based partners Thomas Gryboski and Catherine Morgen, with support from associate Seth Boso.

Seyfarth’s Real Estate Department is recognized as one of the largest real estate practices in the US, counseling clients on a local, regional, or national basis. The team services sophisticated clients across a number of industries in each of the largest money center markets across the country. Seyfarth uses its size and depth to partner with clients and to invest in material enhancements in how commercial real estate law is practiced.

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 an institutional mindset focused on acquiring and developing a robust hotel and residential portfolio that creates value for investors, partners, and communities. TMGOC’s portfolio consists over $1.4 billion in existing and development pipeline investments comprising 3,312 hotel keys, along with opportunistic multi-family, office and retail investments. To learn about investment opportunities and current projects, visit tmgocventures.com.