THE INFORMATION MANAGEMENT Network is organizing a free webcast, “Distressed Hotels Insights,” on July 1 at 12 p.m. ET. There will be four panel discussions on topics such as acquisition and value-add strategies for distressed hotels; anticipating a boom in receivership; sourcing debt and equity; and legal ins and outs of distressed hotel transactions.
The webcast’s target audience comprises hotel owners, developers, private equity groups, management companies, receivers, lenders, bankers, special servicers, attorneys and other service providers to know the latest developments in this space, said IMN in a statement.
IMN is a global organizer of institutional finance and investment conferences. Hosting over 60 global events annually, these conferences are the catalyst for information exchange and deal transacting, by providing a platform that informs, engages and delivers a competitive edge.
May’s delinquencies on commercial mortgage backed securities loans, including hotels, rose to 7.15 percent from 2.29 percent in April, according to the Trepp research firm.