Tag Archives: hotel foreclosures

Will Distressed Hotels Rise Or Are Vulture Funds Out of Luck?

Experts in Hotels and Restaurants BlogBy G4Developer August 29, 2013

Recent reports about the amount of distressed hotels on the horizon suggest that cheap hotel real estate deals will be very hard to find. It is also unlikely that lenders will foreclose or hold ORE hotel assets for very long. Both the rise in hotel industry income fundamentals and the ability for banks and special servicers…

Court Appointed Receiver Duties Should Clarify Past Hotel Obligations

Experts in Hotels and Restaurants BlogBy G4Developer May 2, 2013

The initial order that outlines many of the court appointed receiver duties normally includes certain aspects such as taking possession and operating the lodging property so that the receiver has broad authority to accomplish their task. However, it is also important to insert certain provisions into the court order so that the receiver is not…