More and more Commercial Lenders and CMBS Special Servicers with defaults and non-performing hotel loans on the rise are now considering the use of Hotel Receiverships as a possible solution to recovery. Not wanting to foreclose on potentially devalued hotel assets in a bad economy, many Special Assets Managers and their workout and restructuring professionals are looking at other options to take control over these bad hotel loans in lieu of making it a Bank REO. If you or your colleagues are interested in the many issues concerning “Hotel Receiverships” and if it might be an appropriate solution or not, please join myself and other members of the California Receivers Forum in San Francisco on July 15, 2010 for this exciting program. I will be speaking on the subject of these Special Assets from the Court Appointed Receiver and Property Manager’s perspective, along with a prominent Attorney, Lender and Real Estate Broker on the panel. See details and the link below to register and where to attend: CALIFORNIA RECEIVERS FORUM – BAY AREA CHAPTER — Presents — HOTEL RECEIVERSHIPS Unique Issues for these Special Assets Couple and Hotel Bell Hop Administration Legal Management Sale Speakers Dennis Gemberling, Perry Group International Randy Michelson, Michelson Law Group Joey Larsen, Resource Capital Jeffrey A. Roe, CB Richard Ellis Date Thursday, July 15, 2010 Time 12:00 NOON – 1:30 PM PST Location The City Club of San Francisco 155 Sansome Street in the Library Room San Francisco, California 94104
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