Beatriz Azcuy

BEATRIZ AZCUY is co-managing partner of Sidley’s Miami office, and global co-leader of the Real Estate group in Miami. She has 30 years of experience advising and representing financial institutions, investment banks, private equity funds, and other institutional clients in a broad range of commercial real estate transactions. These transactions involve multi-family, mixed-use condominium, retail, infrastructure, energy, industrial, sports and entertainment facilities, and hospitality properties across the United States and Latin America. Her practice also includes the sale, acquisition, development, management, and leasing of various types of commercial real estate properties along with focusing on complex real estate and capital market financings, including senior and subordinate debt structures, construction lending, portfolio acquisitions, syndications, mezzanine loans, participations, and equity investments. In addition, Beatriz advises companies in Chapter 11 and corporate transactions involving real estate assets.

In 2024, Beatriz was named to Forbes’ inaugural “America’s Top 200 Lawyers” list, which spotlights the finest practitioners in the legal profession. She was honored by the Women in Business Law Americas as the “Real Estate Lawyer of the Year” (2024). She also has been selected to GlobeSt.’s “Women of Influence” 2024 list in the “CRE Legal Counsel” category. Beatriz was honored by Daily Business Review’s Florida Legal Awards as a “Distinguished Leader” (2024) and a “Best Mentor” (2023). Beatriz also was recognized on the 2024 “Influential Business Women” list by South Florida Business Journal. She was named a Florida Trend “Legal Elite Notable Managing Partner” (2023). Beatriz was recognized by Latino Leaders Magazine as a “Top Latino Lawyer” (2022–2025) and was named to Kayo Conference Series’ “Top 23 in ’23: Women in Multi-Family Investing” (2023). Beatriz received “Top Dealmaker of the Year” for Real Estate Finance by the Daily Business Review in 2011 for her work on restructuring the US$2.7 billion Beacon Capital Partners loan. At the time, the loan was one of the largest commercial real estate loans ever securitized to date. In 2010, she was recommended as a “Best Lawyer” by Best Lawyers in America for Real Estate Law in Miami and recommended by Legal 500 for Real Estate.

Beatriz’s experience includes:

Real Estate

• Various commercial airlines in a broad range of real estate transactions at major airports, including John F. Kennedy International, LaGuardia, Newark Liberty International, Ronald Reagan Washington National, Miami International, Chicago O'Hare International, Dallas/Fort Worth International, Los Angeles International, and London Heathrow.
• LHP Hospital Group, Inc. in the disposition and leaseback of various hospitals in Texas and New Jersey.
• Multinational power company in its US$100 million acquisition of an industrial site in Ohio.
• Global investment and advisory firm, as agent, for mezzanine lender in the construction and mezzanine financing of a global hospitality company.
• Global investment and advisory firm, as agent, in a construction loan for a beachfront resort.
• Global investment and advisory firm, as agent, in a mezzanine construction loan for a luxury multifamily property.
• Global investment and advisory firm, in a construction loan for a hotel property.
• Global investment and advisory firm, as agent, in the acquisition financing of an unbranded hotel.
• Hospitality management company in connection with the recapitalization of a real estate investment trust through prepackaged Chapter 11.
• Realty corporation in the sale of over 30 properties in multiple states.
• Global leader in premium chocolate, as assignor, in the assignment of 30+ of its leased locations to another chocolate manufacturer.

Restructuring Transactions—Company Representations

• CEC Entertainment Inc., an American franchisee company with iconic brands Chuck E. Cheese and Peter Piper Pizza with locations across 47 states and 16 foreign countries and territories, in their Chapter 11 cases and negotiation for the majority of its locations.
• Jewelry and goods retailer with more than 4,000 owned and franchised locations globally in its lease negotiations with respect to all of its stores throughout the United States.
• One of the nation’s largest restaurant franchisees with over 1,600 restaurants across multiple iconic brands in its 363 sale of all of its assets in connection with its Chapter 11 cases.
• Iconic food retailer which operates locations across multiple states and employs over 3,000 employees in the sale of its assets, including all of its stores, through a series of 363 sales.
• Grocery store operator and its direct and indirect subsidiaries in the sale of their stores and distribution centers as part of their Chapter 11 cases.
• One of the nation’s largest grocery cooperatives in its 363 sale of 20 stores.

Corporate Transactions

• A fund managed by Macquarie Asset Management in its agreement to acquire a 40% equity interest in Diamond Infrastructure Solutions (Diamond) from Dow Inc. for approximately US$2.4 billion. Diamond provides specialist infrastructure services to Dow and other industrial customers at five Dow manufacturing sites in Texas and Louisiana.
• Brand Velocity Group in its acquisition of SCORE® Sports.
• Operator of more than 150 convenience market stores predominantly in New York and New Jersey, in its US$645 million sale of the company.
• Blackstone in the acquisition of Concert Golf Partners, a boutique operator of private golf and country clubs.
• One of the nation’s largest independent food service distributors in the sale of substantially all of its assets to a temperature-controlled logistics company.

Some of the above matters were handled prior to joining Sidley.

• Former Miami chair, Inclusion Committee  
• Northwestern University Kellogg School of Management, Executive Leadership Program Certification, 2025.