Glenn Albert Gerena

I am a community development and hospitality attorney, whose practice focuses on structuring and documentation for recreational club membership programs and community governance. I have significant experience in a variety of transactions and agreements involving recreational facilities, resorts and residential and mixed use communities. Representations include:

• Represented club owners in a variety of club membership program restructuring, including:
o (i) conversions to refundable membership deposit programs,
o (ii) conversions to equity member-owned programs, and
o (iii) mergers of clubs and mergers of club and association.
• Represented developers in turnovers of equity clubs to members.
• Represented developers in sale of club facilities to member groups and property owners associations.
• Prepared documentation for marina slip sales programs.
• Acted as special club counsel to debtor in possession of a club and resort project in a Chapter 11 bankruptcy.
• Represented lenders with respect to club membership programs in projects in foreclosure and projects transferred in lieu of foreclosure.
• Represented purchasers and investors in club and planned unit development projects with respect to due diligence and acquisition of assets.
• Represented club owners in founder member and patron member programs and other member driven financing transactions.
• Advised developers and prepared documentation for mandatory membership structures.
• Advised and prepared documentation for club member and property owner votes.
• Prepared club and hotel management agreements.