Wyndham Peachtree
Peachtree City, GA
Receivership
hotelAVE is an active hotel receiver for the lending community and is highly regarded by lenders and borrowers. We are qualified by the courts as a leading advisor on hotel loans and restructurings.
Some highlights of our qualifications and services include:
- State and Federal receiverships for hotels, condo-hotels, time-shares, resorts and other lodging operations, both single assets and portfolios.
- Receiver professionals include dedicated hospitality industry specialists with extensive experience in workouts, operations and asset management, licensed real estate salesperson, CPA's, and other professionals who are supported by in-house operations, accounting, audit, yield management, HR, construction, and IT professionals.
- Our team utilizes thorough processes that address all aspects of hotel receivership including: pre-takover and the receivership order; securing the asset and cash; reporting; asset management; key contract compliance; and capital and life safety issues.
- CEO of hotelAVE has 20+ years experience in hotel ownership, asset management, and workouts. CEO of StepStone Hospitality (our sister company) has 40 years experience in hotel and restaurant management.
- Our team has asset managed more than 200 hotels comprising over 50,000 units throughout North America including Canada, Mexico and the Caribbean.
- hotelAVE is frequently called upon to provide expert testimony on court cases involving finance, restructuring, and advisory services.
- Fully Bondable.
Read about hotelAVE's success in providing Receivership services to the Renaissance Westchester and the Mansion on Peachtree hotels or learn about our other hotel asset Consulting services.