PKF Capital Creates Distressed Hotel Program

Posted by Orb Staff on December 15, 2008 No Comments
Categories : Commercial Mortgage

PKF Capital has introduced a distressed hotel solutions program in response to the increasing number of financially troubled U.S. hotels, whose owners, lenders and legal representatives may be entering a crisis mode.

PKF says it is prepared to help hotel owners who became overleveraged during the recent easy-credit years and are now faced with declining revenues and repayment due dates on the horizon. Through its program, the company will assist with refinancing, debt restructuring, de-levering, asset sales, bankruptcy procedures, note sales, market studies, appraisals and other relevant steps.

Source: PKF Capital

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