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Ropes & Gray Advised TravelCenters of America on Greenwich, Rhode Island Mortgage Financing

Practices: Real Estate Investments & Transactions, Private Equity, Capital Markets, Mergers & Acquisitions

Ropes & Gray advised TravelCenters of America Inc., on the closing of a mortgage loan financing on its Greenwich, Rhode Island Travel Center. The transaction was announced on Feb 10. The press release is here.

Travel Centers of America is the largest publicly-traded full-service travel center network in the United States. Based in Westlake-Ohio, Travel Centers serves customers at over 260 locations in 44 states and Canada, principally under the TA®, Petro Stopping Centers® and TA Express® brands.

The Ropes & Gray team that advised TravelCenters of America was led by real estate partner Jack Creedon (Boston), and included real estate counsel David Kaye (New York), strategic transactions partners Zachary Blume and Jane Goldstein, real estate associate Michael James Allen, senior private equity attorney Alyson Stewart (all of Boston), corporate law clerk Neil Stocco (New York) and senior real estate paralegal Chrissy Cruz (Boston).

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