At US Hotel Advisors, we are doing everything we can to help our clients during these tough times. We have been spending considerable time consulting with borrowers, lenders, servicers and attorneys to help our clients navigate through what will hopefully prove to be a relatively short-lived, yet unprecedented, liquidity crisis. If we can be of assistance, please do not hesitate to reach out.
In the meantime, US Hotel Advisors has compiled a list of modification options that, based on preliminary conversations, may be available to borrowers to help generate liquidity, pay operating expenses and defer payments until cash flows normalize. At the moment there is no “global” relief modification being offered, so each modification needs to be... Continue Reading