Simpson Thacher represented KKR Real Estate in its establishment of a joint venture with The Baupost Group that acquired a portfolio of 33 Marriott hotels from Abu Dhabi Investment Authority. Simpson Thacher also represented KKR Real Estate and The Baupost Group in connection with the financing entered into in connection with the acquisition.~~The Simpson Thacher team included Wheatly MacNamara, Samuel H. Charlton, Luca Sportelli and Ndjodi Ndeunyema (M&A); Tom Lloyd, Claire Newman, Ed Ruckert and David Walsh (Real Estate Finance); Etienne Renaudeau, Luke Cowdell and Alysha Hoare (Antitrust); and Meredith Jones and Jasmine Hay (Tax).