Otto, Angela Turriciano

Angela Turriciano Otto enjoys a varied caseload, advising on development projects within the gaming and sports sectors, as well as real estate transactions in the hospitality industry. She wins praise from one client who appreciates: "She never lets anything slip through the cracks," adding: "She always negotiates with the other side in a respectful and deal-friendly manner, meaning that she gets the best outcome for her client while also getting the deal done." - Chambers USA, 2020

Closes more than $1 billion in real estate and hospitality transactions annually. Shaping the future of Las Vegas through work on high-stakes development projects.

If there is a marquee project happening in Las Vegas, the odds are high that Angela Otto has a substantial role in it. Few lawyers in Nevada, or across the country, have more experience managing the real estate components of large-scale hospitality and gaming transactions. Angela’s background in corporate and real estate law makes her a powerhouse attorney with brands such as Caesars Entertainment, MGM and Wynn Resorts relying on her legal counsel. 

Angela also advises clients on other major commercial real estate, development and finance projects. She played a pivotal role as Nevada counsel to the Clark County Stadium Authority in the development of the $1.9 billion Raider’s Allegiant Stadium. Angela also represented the City of Henderson in the sale and development of the Las Vegas Raiders’ team headquarters and practice facility. Clients seek out her general commercial counsel when looking to acquire or dispose of hotels, other businesses and/or real property, develop or lease real property or obtain financing.

Invested in making the Las Vegas community a better place to live, Angela dedicates significant time to volunteering. She represented the Smith Center for the Performing Arts in its development, lease and operating agreements with the City of Las Vegas on a pro bono basis and serves on its president’s advisory council. She was recognized by HELP of Southern Nevada for her work leading a pro bono team of 15 Brownstein attorneys to develop the Shannon West Homeless Youth Center. 

Previous Experience

Angela Turriciano Otto enjoys a varied caseload, advising on development projects within the gaming and sports sectors, as well as real estate transactions in the hospitality industry. She wins praise from one client who appreciates: "She never lets anything slip through the cracks," adding: "She always negotiates with the other side in a respectful and deal-friendly manner, meaning that she gets the best outcome for her client while also getting the deal done." - Chambers USA, 2020

Representative Matters
  • Counsel to Caesars Entertainment, Inc., in connection with the sale of Harrah’s Reno Hotel & Casino for $41.5 Million to an affiliate of CAI Investments.

  • Assist Caesars Entertainment Corporation affiliate with sale of vacant land transaction in Bossier City, Louisiana.

  • Counsel to Caesars in connection with its $375 million development of Caesars Forum Convention Center.

  • Nevada counsel to MGM Resorts International and MGM Growth Properties LLC in connection with forming a joint venture with Blackstone Real Estate Income Trust to acquire the Las Vegas real estate assets of the MGM Grand and Mandalay Bay for $4.6 billion. Concurrent with the acquisition, MGM Resorts entered into a master lease to lease from the joint venture and operate both properties.

  • Counsel to MGM Resorts in its $825 million sale of the Circus Circus Hotel Casino and Festival Grounds to an affiliate of businessman Phil Ruffin.

  • Represented Caesars Entertainment Corporation in its $516 million sale and leaseback of the Rio All-Suites Hotel & Casino to a company affiliated with Dreamscape Companies, owned and controlled by Eric Birnbaum.

  • Nevada counsel to MGM Resorts International in Blackstone Real Estate Income Trust’s $4.2 billion acquisition of Bellagio real estate from MGM and lease back to MGM. This sale has been said to be the single largest resort sale in Las Vegas’ history.

  • Served as Nevada counsel to Wynn Resorts on its refinancing including a mortgage notes tack-on and a credit agreement amendment.

  • Represented Seller in complex sale of hotel/casino resort.

  • Represented Wynn Resorts in $336 million purchase of about 38 acres of land across Las Vegas Boulevard from Wynn Las Vegas.

  • Nevada counsel to the Las Vegas Stadium Authority in the development of a $1.9B, 65,000-seat domed stadium to serve as the future home of the Las Vegas Raiders.

  • Served as Nevada counsel to Caesars in connection with $1.136 billion sale leaseback of real property associated with Harrah's Las Vegas and $73.6 million sale of undeveloped land adjacent to Harrah's, subject to complex put/call agreement.

  • Served as Nevada real estate counsel in connection with the restructuring of Caesars Entertainment Operating Company Inc. and its debtor subsidiaries, including the sale and leaseback of various real estate assets and related financings.

  • Advised Wynn Resorts as to Nevada real estate matters related to its joint venture with Crown Acquisitions to own and operate luxury retail space at Wynn Las Vegas.

  • Served as Nevada real estate counsel to MGM in connection with the formation transactions to establish its subsidiary MGM Growth Properties LLC, as a publicly traded real estate investment trust, and related financing transactions.

  • Advised Red Rock Resorts Inc. on real estate matters related to its acquisition of Palms Casino Resort, including analysis and advice related to the hotel condominium regime at the resort.

  • Counsel to MGM in the sale of Circus Circus Reno’s assets and MGM’s 50% equity interest in Silver Legacy Resort Casino Reno, as well as the sales of the Gold Strike Hotel & Casino and the Railroad Pass Hotel & Casino.

  • Represented Riviera Holdings Corporation in its sale of the real estate assets associated with the Riviera Hotel and Casino in Las Vegas to the Las Vegas Convention and Visitors Authority.

  • Represented hotel casino operator in connection with the negotiation and drafting of a long term ground lease to a national retail tenant, including access and easement issues related thereto.

  • Represented HELP of Southern Nevada in the acquisition and development of a homeless youth center in Las Vegas, Nevada.

  • Brownstein served Caesars Entertainment as Nevada counsel in connection with the sale of four Las Vegas hotel casino resorts to Caesars Growth Partners for a purchase price of US$2.2 billion, and also served as Nevada counsel to Caesars Growth Partners with respect to the financing for such acquisition.

  • Served as Nevada counsel to Caesars Entertainment in connection with its US$3.3 billion new senior secured credit facilities and issuance of US$1.9 billion senior secured notes in order to finance the CMBS repurchase and refinance a construction loan.

  • Negotiated on behalf of a municipality an amended and restated development agreement and parks agreement with respect to a large master planned community.

  • Served as Nevada counsel to client in connection with the multi-million dollar sale of office buildings and vacant land including imposition of restrictive covenants with respect thereto.

  • Negotiated and consummated the purchase of a member-only social club, club house, and related facilities located in Henderson, Nevada. Brownstein also advised the client on various real estate, development, corporate, water rights and business licensing matters.

  • Served as Nevada counsel to Hines Interests and Oaktree Capital Management Joint Venture in connection with the acquisition and financing for Summerlin office building portfolio comprised of 32 buildings and totaling 1.1 million square feet.

  • Nevada counsel to Caesars Octavius and Caesars Ling with respect to a new $450M credit facility to be used to complete the construction of the Octavius Tower at Caesars Palace and to develop a retail, dining and entertainment project between the Imperial Palace and Flamingo properties.

  • 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.

  • Served as Nevada corporate, gaming and real estate counsel to the lenders to Fiesta Palms, LLC, in connection with their acquisition and financing of the entities that own, and the assets and real estate that comprise, the Palms Hotel & Casino and Palms Place.

  • Served as Nevada counsel to Harrah's Entertainment Inc. in connection with its $654 million acquisition of Planet Hollywood Resort & Casino in Las Vegas, and the subsequent modification of its credit facility.

  • Served as Nevada counsel to Ruffin Acquisition, LLC in connection with its $775 million acquisition of Treasure Island, LLC, owner of the Treasure Island Resort on the Las Vegas strip.

  • Served as local Nevada counsel in Apollo and Texas Pacific Group's acquisition of Harrah's Entertainment, Inc. including the $32 billion multiple levels of financing - CMBS, revolver, bridge, gaming equipment and mezzanine loans - and issued opinions.

  • Served as Nevada counsel with respect to Station Casinos, Inc.'s $8 billion going private transaction, including the various related layers of financing: CMBS financing, revolver financing and mezzanine financings.

  • Negotiated the development agreement with the City of Las Vegas for the design, construction and operation of the Smith Center for the Performing Arts. The Firm also negotiated and amended the first, second and third restated development agreements.

  • Represented a Nevada Indian tribe in the development of a 200 MW concentrated solar project in southern Nevada. Our representation included the negotiation of lease and other agreements with a large renewable energy developer, development of water rights for the project, negotiation with the U.S. Bureau of Indian Affairs and other federal agencies, and guiding the tribe through the NEPA process.

  • Represented the City of Henderson in connection with the sale and development of the Las Vegas Raiders' team headquarters and practice facility.

  • Represented hotel casino company in connection with the negotiation of a complex amendment to its ground lease for an existing hotel casino property.

  • Represented Icahn Enterprises, L.P. in its sale of the unfinished development property and partially developed casino formally known as the Fontainebleau Las Vegas for aggregate consideration of $600 million.

  • Counsel to Pioneer Group in the sale of Bronco Billy's Casino and Hotel in Cripple Creek, Colorado.

  • Represented a gaming company in connection with the purchase of a grandfathered casino in Southern Nevada.

  • Represented large hotel casino operator with purchase of industrial land located in Las Vegas, Nevada, including zoning issues related thereto.

  • Served as gaming and Nevada counsel in connection with the purchase of prominent Las Vegas hotel casino and related acquisition financing.

  • Served as Nevada counsel to Quantum Utility Generation, LLC in connection with its purchase of general partnerships that together own an approximately 85 megawatt cogeneration facility located in Clark County, Nevada.

  • Represented hotel casino company in connection with the purchase of several acres of real property located in Southern Nevada.

  • Counsel to a hotel casino in a restructuring of a restaurant joint venture which involved negotiating new leases, licenses and intellectual property agreements.

  • Served as counsel to several gaming companies in connection with acquisitions of hotel casinos located in Southern Nevada.

News & Events
Community

The Smith Center for the Performing Arts, President's Advisory Council
State Bar of Nevada, Real Estate Law Section, Executive Committee

Publications & Presentations
Education
  • J.D., 1998, magna cum laude, Pepperdine University School of Law, Phi Delta Phi
  • B.S., 1995, magna cum laude, Pepperdine University
Admissions
  • Nevada
  • Washington, D.C.
  • U.S. District Court, District of Nevada
Recognition

Chambers USA, 2011-2020

Chambers USA, Women in Law Up and Coming Real Estate Lawyer of the Year, Nominee, 2012 and 2013

Best Lawyers in America, 2011-2021

Super Lawyers, Mountain States, 2013-2018

Super Lawyers, Mountain States, Rising Stars, 2008, 2011-2012

Leadership Las Vegas, Class of 2010

In Business Las Vegas, 40 Under 40, 2009

Legal Elite, Top Southern Nevada 150 Attorneys, Nevada Business Magazine, 2013

Pepperdine Law Review, Managing Editor

Membership

American Bar Association

Clark County Bar Association

National Association of Industrial & Office Properties

State Bar of Nevada

State Bar of Nevada, Real Property Section, Executive Committee

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