Distressed Asset Management
Finding the right team of distressed asset management experts is essential in any workout situation. Our skilled professionals can guide you through the maze of legal obstacles that arise. Our goal: to avoid costly missteps that can run the risk of devaluing a property’s brand as well as an investor’s capital.
Our executive team has extensive legal background and experience in bankruptcies, foreclosures and receiverships over the past 40 years. Our impeccable performance and reputation has earned our position as the unmatched leader in the distressed asset segment.
Hostmark Hospitality Group also offers specialized programs for CMBS special servicers and balance sheet lenders managing under-performing hotel loans. Acting in a consulting capacity, Hostmark provides hotel analytical and operating advisory services to lenders needing hospitality expertise and workout advice on asset disposition strategy. Hostmark Hospitality Group has also performed the role of court appointed receiver, asset manager and/or operator for more than 170 troubled assets. Whether through workout advice, operational improvements or through management improvement, Hostmark has assisted numerous lenders and borrowers in maximizing both the short term cash flow and long term value of their assets.
Stabilize, Operate, Sell
Hostmark's Tailored Program for Distressed Assets
- Comprehensive property assessment
- Stabilizing the human capital and demand variables
- Evaluation of property’s physical plant, hotel operations and marketing
- Production of a detailed operating budget and appropriate business plan
- Staff assessment and alignment
- Established relationships to market and sell asset quickly