Your hotel is not thriving as you have planned and the property is now in danger of going belly up. This problem could be caused by the general economy, new competition or over-leverage. If you are a hotel owner whose properties are in danger of financial ruin, you have your work cut out for you....
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Monthly Archives: October 2015
Holiday Benefits with a Hotel Mortgage Workout
With the holiday season quickly approaching, you should be expecting a boost in business. According to Major consolation between Rite Aid and Walgreens. What happens to the landlords?
Before any owners of the real estate on either side does a dance or panics, the deal is far from closed. Approvals from the government are needed, which may not be an easy task.
For Rite Aid, real estate owners without any close by
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For Rite Aid, real estate owners without any close by
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Approved! DIP Accounts Receivable Financing Deal for Contractor
GFCIB and Advisors, LLC (“GFCIB”), a leading provider of Chapter 11 bankruptcy support, Financial Advisory and Lending services to distressed companies, recently announced that it facilitated an approval on a Debtor-In-Possession accounts receivable financing deal for a small contractor in New Jersey.
Debtor-in-Possession (DIP) financing is a...
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Debtor-in-Possession (DIP) financing is a...
Successful Restructure of a Hospitality Property
GFCIB and Advisors, LLC, has once again successfully restructured a Hospitality Property in the Southern part of the Country. GFCIB exclusively represented the ownership in this financing restructuring workout.
“This was a small Hotel that had significantly differed maintenance, as well as the income, had dramatically declined...
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“This was a small Hotel that had significantly differed maintenance, as well as the income, had dramatically declined...
Successful Closing on a Discounted Note Purchase Finance
GFCIB and Advisors, LLC, a nationally recognized financial advocate and advisory firm for commercial real estate owners, developers, builders and mid-sized businesses, announced that it has once again successfully closed on a discounted note purchase financing this is the 2nd part of the transaction for a Private Real Estate partnership located in the suburbs of...
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Settled Hotel Client Dispute with Flagged Chain
We just settled a dispute for one of our long-time clients in the south.
We had successfully done a number of financial restructuring assignments for this family-owned hotel, but this call for assistance from them was different than the services they usually request of us. They were in a dispute with, and sued their franchisor.
Because our...
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