Editorial Board   Guest Author

Mr. Thompson

Justin Thompson

Real Estate Partner, Nixon Peabody, LLP Los Angeles

Justin X. Thompson is a partner in Nixon Peabody's national real estate practice. Mr. Thompson, who is based in the firm's Los Angeles office advises on all aspects of real estate including real estate finance, development, leasing, loan restructurings, land exchanges, sale-leasebacks, property management arrangements and joint ventures. He represents commercial and industrial developers, investors, lenders and property owners. Mr. Thompson works with clients across the entire spectrum of the real estate industry, from acquisition, financing and development to leasing and disposition. His experience includes work on all types of real estate projects, from residential and mixed-use to commercial, industrial and health care projects. In addition to the foregoing, he has a particular focus on condominium/common interest development and related regulatory work. Mr. Thompson is keeping a close eye on real estate transactions involving health care and hospitality. He believes these are two key industries poised to continue strong growth. Beyond health care and hospitality, Mr. Thompson notes that the steady and solid improvement in the U.S. real estate market as a whole has caught the attention of foreign investors who continue to pursue participation in all facets of attractive deals. Mr. Thompson believes the positive momentum of the market puts added emphasis on the need for clients with unrealized real estate value to take steps to fully realize that value. Mr. Thompson earned his B.B.A. from the University of Texas at Austin. He graduated from the Louis D. Brandeis School of Law at the University of Louisville, where he was Regional Editor and Member of Journal of Law and Education.

Please visit www.nixonpeabody.com for more information.

Mr. Thompson can be contacted at 629-213-6142 or jthompson@nixonpeabody.com

Coming up in May 2019...

Eco-Friendly Practices: Corporate Social Responsibility

The hotel industry has undertaken a long-term effort to build more responsible and socially conscious businesses. What began with small efforts to reduce waste - such as paperless checkouts and refillable soap dispensers - has evolved into an international movement toward implementing sustainable development practices. In addition to establishing themselves as good corporate citizens, adopting eco-friendly practices is sound business for hotels. According to a recent report from Deloitte, 95% of business travelers believe the hotel industry should be undertaking “green” initiatives, and Millennials are twice as likely to support brands with strong management of environmental and social issues. Given these conclusions, hotels are continuing to innovate in the areas of environmental sustainability. For example, one leading hotel chain has designed special elevators that collect kinetic energy from the moving lift and in the process, they have reduced their energy consumption by 50%  over conventional elevators. Also, they installed an advanced air conditioning system which employs a magnetic mechanical system that makes them more energy efficient. Other hotels are installing Intelligent Building Systems which monitor and control temperatures in rooms, common areas and swimming pools, as well as ventilation and cold water systems. Some hotels are installing Electric Vehicle charging stations, planting rooftop gardens, implementing stringent recycling programs, and insisting on the use of biodegradable materials. Another trend is the creation of Green Teams within a hotel's operation that are tasked to implement earth-friendly practices and manage budgets for green projects. Some hotels have even gone so far as to curtail or eliminate room service, believing that keeping the kitchen open 24/7 isn't terribly sustainable. The May issue of the Hotel Business Review will document what some hotels are doing to integrate sustainable practices into their operations and how they are benefiting from them.