Ament, Nicole R.

Nicole considers herself her clients’ business partner first, and their real estate attorney second. Serving as the firm’s Real Estate Department chair, she has more than 19 years of local and national experience working with complex real estate portfolios and large single assets, specializing in land use, development, financing and disposition unique to real estate portfolios with emphasis on resort and recreation work.

Nicole has managed portfolio transactions with as many as 276 properties in a single portfolio and in excess of $1.5 billion in assets in diverse industries including hotels, golf courses, ski areas, health care facilities, manufactured housing communities and athletic clubs. Her client base spans from high-end ski resorts, including combined financing work for Squaw Mountain and Alpine Meadows, to fitness facilities. 

Drawing on her national experience, Nicole is familiar with the unique real estate aspects of different markets and is able to recognize opportunities to make transactions run more efficiently. She leverages her complex portfolio experience to assist regional and local clients with both large-scale single assets and complex development issues. She handles both business and legal aspects of the transaction to help clients get the deal done and find positive ways to impact their bottom line.

In addition, Nicole works with real estate and corporate clients in Colorado and across the nation to partner with Brownstein’s Tax Group to take full advantage of the new Opportunity Zone structures.

Nicole works effectively with both sides in a transaction to find solutions that work for all parties, identifying issues and needs to assemble and manage resources from both inside and outside the firm. As a trusted advisor, she has long-standing relationships with clients and remains heavily involved during the life of the client’s portfolio, allowing her to negotiate each deal as if it were her own. Nicole proactively works to identify property and operational challenges in order to develop smooth exit strategies for her clients.

Nicole previously served as chair of the firm’s national Hospitality, Resort and Recreation Group and currently serves as co-chair of the Women's Leadership Initiative.

Representative Matters
  • Counsel to ClubCorp in its acquisition of seven premier lifestyle golf clubs in residential communities located on the East Coast from Toll Golf, the golf and country club division of Toll Brothers, Inc., the nation’s leading builder of luxury homes.

  • Represented ClubCorp Holdings, Inc., through a subsidiary, in its acquisition of a golf course consisting of approximately 220 acres and related improvements, located in Collin County, McKinney, Texas.

  • Represented JMA Ventures, LLC in the financing of a construction loan by and between JMA Reno Hotel Holdings, LLC and BPC Lending I, LLC for development of a new Aloft Hotel in Reno, Nevada across from the Reno-Tahoe International Airport.

  • Represented JMA Ventures, LLC in the acquisition of three office buildings located in Henderson, Nevada. The buildings were acquired in part two of an eight office building acquisition.

  • Counsel to The Bay Club Company, a premier active lifestyle and hospitality company, in its sale by York Capital Management to KKR, a leading global investment firm.

  • Counsel to JMA Ventures in the first part of a two-part transaction, the first part involving the acquisition of a five commercial office building portfolio with more than 271,000 square feet located in Henderson, Nevada.

  • Counsel to the real estate developer advising on the transactional due diligence and entitlements for the development of Bighorn Crossing, a mixed-use, 140 unit residential and commercial project in Georgetown, Colorado, which will include townhouses and condominiums, a brew pub and a Microtel by Wyndham.

  • Represented Brue Baukol Capital Partners in the acquisition of 64 acres of land near DIA for development. The property is adjacent to the Panasonic development and is directly in the path of progress.

  • Represented Brue Baukol Capital Partners with its partner Brinkman in the acquisition and construction financing of the high profile Foundry development site in Loveland, Colorado. The acquired parcels at Foundry will be developed into two multifamily complexes with mixed-use ground floor components.

  • Represented Brue Baukol Capital Partners in the sale of the storied Hardscrabble Mountain Ranch in Eagle County, Colorado, together with various water rights, to The Conservation Fund, which was thereafter dedicated to Eagle County as open space.

  • Counsel to KSL Capital Partners in its acquisition of and acquisition financing for Courtyard Kauai Coconut Beach.

  • Counsel to The Bay Club Company in its acquisition of the Manhattan Country Club, a swim and tennis club in Manhattan Beach. CA.

  • Represented ClubCorp Holdings, Inc. in its acquisition of Oakhurst Golf & Country Club in Clarkston, Michigan.

  • Represented ClubCorp Holdings, Inc. in its acquisition of Norbeck Country Club in Rockville, Maryland.

  • Represented ClubCorp Holdings, Inc. in its acquisition of North Hills Country Club in Glenside, Pennsylvania.

  • Represented ClubCorp Holdings, Inc. in its acquisition of Eagle’s Nest Country Club in Phoenix, Maryland.

  • Represented KSL Capital Partners in the entry into a Purchase and Sale Agreement by the Miraval Group for the acquisition and redevelopment of the Cranwell Spa and Golf Resort in Lenox, Massachusetts.

  • Represented KSL Capital Partners in the sale of the Miraval Group, the owner and operator of the Miraval Brand, the Miraval Resort and Spa in Tucson Arizona, and the Travaasa Resort and Spa in Austin, Texas.

  • Counsel to KSL Capital Partners in the acquisition by the Miraval Group of the Travaasa Hotel and Spa in Austin, Texas.

  • Represented Squaw Valley Alpine Meadows in a refinancing of a term loan and revolving credit facility from Wells Fargo Bank. Squaw Valley Alpine Meadows is a premier ski resort and a portfolio company of KSL Capital Partners.

  • Represented The Bay Club Company in securing term and revolving credit facilities. Proceeds were used to repay existing credit facilities and will be used for future acquisitions, capital expenditures and working capital.

  • Counsel to The Bay Club Company, a California-based active lifestyle corporation, in acquiring The Golf Club at Boulder Ridge in San Jose, CA.

  • Counsel to The Bay Club Company, a California-based active lifestyle corporation, in acquiring Fairbanks Ranch Country Club in San Diego, CA.

  • Brownstein acted as lead real estate general counsel for Freeport LNG Development, L.P. (Freeport LNG) and its subsidiaries in the acquisition of a multi-train natural gas liquefaction and export facility being constructed at Freeport LNG’s existing LNG regasification facility at Quintana Island near Freeport, Texas. The real estate component of this project involved (i) closing-on and repurposing over 13 miles of pipeline, (ii) acquiring owner and lender title policies for the entire project in the amount of $US11 billion, which was one of the largest issuances of title insurance in history and involved every national title insurance company, and (iii) using complex conveyance instruments to provide common ownership for portions of the project and maintaining separate ownership for other portions. The total committed debt and equity (including for contingencies and cost overruns) is in excess of US$11 billion. The financing was the largest fully non-recourse construction project financing in history.

  • Counsel to ClubCorp in its acquisition of Atlanta-based Sequoia Golf in a deal valued at roughly $265M. The deal for the additional 50 clubs was negotiated and concluded in only two months.

  • Represented KSL Capital Partners in its acquisition of a controlling interest in Miraval Resort & Spa, a luxury wellness spa in Tucson, Arizona, and its brand. Additionally, the firm negotiated joint venture/partnership agreement with the prior owner, and restructured Miraval as part of the acquisition.

  • Counsel to KSL Capital partners, in the sale of the Bay Club Companies to York Capital Management with a minority investment from JMA Ventures and the company's management team.

  • Counsel to KSL Capital Partners, a Colorado based private equity firm, in the refinancing of the credit facility for the James Royal Palm Hotel in Miami.

  • Represented Western Athletic Clubs in its financing of a Term Loan from Ventas Healthcare Properties, Inc.

  • Represented KSL in the refinancing of Barton Creek Resort and Spa in Austin, TX comprised of a new senior and mezzanine loan.

  • Secured $30 million financing for The Homestead, a historical luxury resort and spa in Virginia.

  • Represented KSL Capital Partners in its acquisition of The Grove Park Inn Resort & Spa, a historic resort in Asheville, North Carolina.

  • Served as counsel to Vail Resorts Development Company and RCR Vail with New York state registration to permissibly market its Vail, Colorado-based Ritz-Carlton Residences project to prospective New York purchasers.

  • Represented KSL Capital Partners, LLC as the purchaser in its $130 million acquisition of the Royal Palm Hotel located in Miami Beach, FL, including $90 million of seller financing. Brownstein also negotiated the purchase and sale agreement and seller financing documents, completed due diligence and closed the acquisition in less than 60 days.

  • Negotiated and consummated the purchase of an 18-hole golf course, club house, and related facilities located in Henderson, Nevada. Brownstein also advised the client on various real estate, litigation, corporate water rights and business licensing matters.

  • Represented a private equity investment firm in its initial platform acquisition of a leading provider of innovative repairs and advanced coatings for the aerospace, industrial gas turbine and oil and gas industries from a private equity fund.

  • Counsel to Western Athletic Clubs in the reorganization of its corporate structure through internal corporate mergers.

  • Represented Vail Resorts, Inc. in its $40.5 million acquisition of Colorado Mountain Express, a resort ground transportation business. Brownstein also handled the related real estate, tax, environmental, ERISA and employment aspects of the transaction.

  • Lead counsel and principal negotiator in adjudicating and purchasing direct flow and storage water rights for the Silverton Ski Area.

  • Represented ClubCorp in the acquisition of Heritage Golf Club in Hilliard, Ohio.

News & Events

Leadership Denver, 2008

50 for Colorado, 2006

Chair, Economic Development Group, South Metro Denver Chamber of Commerce

Board Chair, South Metro Denver Chamber of Commerce

Board of Directors, Kempe Foundation

Executive Committee, Urban Land Institute

Site Acquisition Committee, Habitat for Humanity

Steering Committee, Colorado Women's 'Power of One'

Trustee, South Suburban Christian Church

Publications & Presentations
  • J.D., 1998, University of Denver Sturm College of Law, Order of St. Ives
  • B.A., 1995, Trinity University
  • Colorado, 1998

Finalist, Outstanding Women in Business, Denver Business Journal, 2020

Best Lawyers in America, 2019-2021

Bisnow Denver Power Women 2018

Colorado Super Lawyers, 2009


Colorado Bar Association

Colorado Women's Bar Association

Denver Bar Association