03 May 2010
The Lenders Handbook for Troubled Hotels
Lenders, special servicers, investors and receivers!
Are you aware of the full range of alternative strategies for dealing with troubled hotels? Does your lawyer provide you with analytical tools to help you identify, evaluate and select from a full range of options? Do you know how to recognize the crucial points where the wrong decision can give away more than half the value of a hotel?
We cover these critical issues — and much more — in our new, comprehensive, 98-page book, The Lenders Handbook for Troubled Hotels. Distilled from experts who have more than 1,000 bankruptcies, receiverships and workouts under their belts and more than 20 years of experience, you will find the handbook useful as a permanent resource that you can refer to time and again.
And you can get your copy for FREE! (see download link below)
Practical guidance from Hotel Lawyers: The Lenders Handbook for Troubled Hotels
Although created with lenders and investors in mind, the handbook is an invaluable resource for anyone with a troubled hotel asset.
The book provides all the essentials as well as advanced techniques for dealing with troubled hotels. Most importantly, although the subject matter can be very complex, The Lenders Handbook offers straight forward, practical advice and the analytical tools are easy to use.
The Lenders Handbook explains:
- Why hotels are so different than other troubled assets
- How the hotel operating business is critical to the value of the asset and your recovery
- Why failure to recognize certain crucial decision points can give away more than half the value of a hotel
It also addresses Hotel Franchise and Management Agreements — how keeping or getting rid of a brand or operator can be one of the biggest factors in your hotel asset value.
It also includes two innovative, proprietary approaches that hotel lawyers in JMBM’s Global Hospitality Group® have developed to enhance value in troubled hotels:
- The SAVE® program (Strategies and Approaches for Value Enhancement)
- The Enhanced Note Sale™
There is a lot more in The Lenders Handbook — too much to cover here — including:
- Two special “speed bumps” in hotel bankruptcies
- How to restructure troubled condo hotels
- Why closing that hotel may be the worst money-saving idea you ever had
We invite you to download your free copy of The Lenders Handbook for Troubled Hotels now.
I would also like to personally invite you to contact me if you would like to discuss any hotel issues or hotel strategies.
It is easy to find my contact information . . . Just GOOGLE the words “hotel lawyer”.
I’m Jim Butler, asking you, “Who’s your hotel lawyer?”
FREE DOWNLOAD — The Lenders Handbook for Troubled Hotels — full text of the 98-page book.
There is no catch. The full text of The Lenders Handbook for Troubled Hotels is available for your FREE download by clicking below:
Although this download is free, the book is copyrighted and all rights are reserved. It may not be reproduced in whole or in part without written permission of JMBM’s Global Hospitality Group®. If your colleagues would like a copy of the book, we ask only that they download their own copy here.
Please see “troubled hotel loans – workouts, bankruptcies & receiverships” for the latest articles on troubled hotels.
This is Jim Butler, author of www.HotelLawBlog.com and hotel lawyer, signing off. We’ve done more than $87 billion of hotel transactions and have developed innovative solutions to unlock value from troubled hotel transactions. Who’s your hotel lawyer?
Our Perspective. We represent hotel lenders, owners and investors. We have helped our clients find business and legal solutions for more than $87 billion of hotel transactions, involving more than 3,900 properties all over the world. For more information, please contact Jim Butler at email@example.com or 310.201.3526.
Jim Butler is a founding partner of JMBM and Chairman of its Global Hospitality Group®. Jim is one of the top hospitality attorneys in the world. GOOGLE “hotel lawyer” and you will see why.
JMBM’s troubled asset team has handled more than 1,000 receiverships and many complex insolvency issues. But Jim and his team are more than “just” great hotel lawyers. They are also hospitality consultants and business advisors. For example, they have developed some unique proprietary approaches to unlock value in underwater hotels that can benefit lenders, borrowers and investors. (GOOGLE “JMBM SAVE program”.)
Whether it is a troubled investment or new transaction, JMBM’s Global Hospitality Group® creates legal and business solutions for hotel owners and lenders. They are deal makers. They can help find the right operator or capital provider. They know who to call and how to reach them.