22 June 2010
Hotel Lawyer with some tips for hotel lenders so they can take advantage of higher yielding loans with less risk.
This article will focus on 8 pitfalls of hotel lending – the special traps that hotel lending presents beyond all the typical considerations of traditional real estate lending – and how to avoid them. These are hotel-specific structuring, documentation and legal issues that can really snare the unwary lender.
20 June 2010
Hotel Lawyer with lessons from the past on why hotel lending is different and the things you should know.
Hotel lending is different from any other kind of real estate lending . . . because hotels are different from every other class of real estate. These differences are key to understanding why hotel lending is different than lending on any other class of real estate.
18 June 2010
Hotel Lawyer with lessons from the past on why this is the best time to be lending on hotels
Having recently assisted 3 major lenders design their hotel lending programs and hotel loan documentation, the hotel lawyers in JMBM’s Global Hospitality Group® believe that now is the best time for hotel lending in 20 years. My partner, Guy Maisnik, and I thought you might like to know why we believe this is true. So, here’s why.
05 May 2010
Sorry if you have already received this message, but for some reason we are getting a lot of emails and calls from people who have had trouble getting to The Lenders Handbook for Troubled Hotels . . . so we want to make it easier . . .Click on the graphic below to download the Handbook.
Hotel Lawyer with
Troubled hotels? Hotel loan defaults? Distressed hotel assets? Hotel bankruptcies, receiverships, or workouts?
If you are dealing with the troubled hotel asset of any kind, The Lenders Handbook for Troubled Hotels will be an invaluable guide for you. This comprehensive, easy-to-read, 98-page book is FREE from the hotel lawyers at JMBM’s Global Hospitality Group®.
27 April 2010
Hotel Lawyer with the “last call” to join the Game Changers at Meet the Money®
Meet the Money® is next week, May 3-5, 2010 at the Sheraton Gateway LAX hotel. Although our room block has sold out completely, the hotel has graciously extended our preferred conference room rate until April 30. There is still time to register for this “can’t miss” event.
28 September 2009
Hotel Lawyers’ insights from The Lodging Conference at the Arizona Biltmore. As our Global Hospitality Group® members compared notes from last week’s Phoenix Lodging Conference, we had some observations we wanted to share. Congratulations to Morris Lasky and Harry Javer for another great event.
Here is our take on what happened in Phoenix . . .
14 September 2009
Hotel Lawyer insights on the new CMBS rules — implications for troubled loans today.
On September 15, 2009, the United States Treasury changed the REMIC rules applicable to CMBS to give servicers greater flexibility to modify troubled commercial real estate loans. The changes are effective immediately and are implemented in final regulations under the tax code and a revenue procedure that is designed to provide guidance. In fact, the revenue procedure applies to loans modified after January 1, 2008. What does all this gobbledygook really mean?
Here’s our take.
15 April 2009
Hotel Lawyer with questions, and perhaps some guidance, on how we make this all work. Today, the Fed announced that for the first time in 50 years, the US economy has experienced deflation. According to the Wall Street Journal, the Labor Department reported that the March consumer-price index slipped 0.4% below its year-earlier level — the first decline in more than 50 years.
5 January 2009
To say the least, the last year has been a very “interesting” one. Here are our picks for “The Best from HotelLawBlog.com” from 2008. There are some classic pieces here!
17 December 2008
“Out of the Panic and into Opportunities of a Lifetime” Is Theme for the
19th Annual Meet the Money® Conference
Hotel Financing Summit Set for May 5-7, 2009
LOS ANGELES, Calif., December 16, 2008–With the recent announcement of a full-blown recession, officials of Meet the Money®, the annual hotel financing summit, today announced the theme for its 2009 conference: “Out of the Panic and into Opportunities of a Lifetime.” The 19th annual event will be held May 5-7, 2009, at the Sheraton Gateway Los Angeles Hotel near LAX in California.