McConnell Valdés LLC

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The powerhouse real estate department at McConnell Valdés LLC remains a market leader, leveraging the experience of its team to assist developers, domestic and multinational financial institutions such as Citibank, and corporates across such sectors as tourism, hospitality, energy and manufacturing with day-to-day matters and in high-value transactions. The team is headed by chairman Jorge Ruiz-Montilla, who brings strength to planning and structuring resort communities and timeshares, and hotel and condominium projects, and vice-chair and resort development expert Patricia George‐Iguina, who is the managing director of McV Consulting, an affiliate of the firm engaged in real estate and hospitality advisory services. Other key figures include Harry Cook, who advises on the structuring of real estate joint ventures, the planning of timeshares and lot development programmes, and Salvador Casellas and Jorge Rexach, both specialists in structured financing. Counsel Nathalia Rivera-Smith joined in August 2022 from the Central Office for Recovery, Reconstruction and Resiliency (COR3).

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Key clients

  • Alma Hotel
  • Citibank
  • Dorado Beach Resort
  • FirstBank Puerto Rico
  • Forbright Bank
  • Maxxam
  • Oriental Bank
  • Paulson Puerto Rico
  • Sonesta International Hotel Corporation
  • Taubman Properties
  • Toro Verde

Work highlights

  • Acted as lead counsel for DBR Dorado Ventures on real estate and sales work for the development of the Ritz Reserve branded units and non-branded units at the Dorado Beach Resort.
  • Served as lead counsel on real estate and finance work for the development of The Alma Hotel in Old San Juan, Puerto Rico.
  • Acted as lead counsel to FDCPR in the financing and purchase of Tryst Hotel.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Patricia George-Iguina
Capital Member and Vice-Chair, Real Estate, Hospitality & Finance Practice Group and Managing Director of McV Consulting, Inc.
Jorge Ruiz-Montilla
Capital Member and Chairman, Real Estate, Hospitality & Finance Practice Group

Practice head

The lawyer(s) leading their teams.

Jorge Ruiz-Montilla, Patricia George-Iguina