Lender Workouts & Asset Management

Innisfree Hotels assists lending institutions, insurance companies and individual hotel owners with the management and sale of their non-performing hotels during foreclosure, bankruptcy and court appointed receivership.

Acquisition Assistance

We help prospective hotel purchasers determine if a property’s purchase price is based on ‘real’ numbers. In order to build a trailing twelve month profit and loss statement, the company sends a team to the property and conducts a complete operations and accounting audit. Irregularities or adjustments to the numbers provided by the sellers are reported to the buyer with detailed backup. This service is also available to lending institutions who may be suspicious of or do not understand the results being reported by the mortgagee.

Questions We Can Answer

Do you need to know about the local market?

What franchise is best for the hotel?

Can cash flow be improved?

What is the optimal exit strategy?

Are you ready to take over the hotel?

What legal and contractual issues are involved with the hotel?

How can you protect the assets?

Do you need professional reporting for the court?

Asset Management of Other Real Estate Owned (OREO) Hotels

Do you need a lender’s representative to supervise a management company?

Do you need to turn around the hotel through a strategic plan?

What key agreements need to be renegotiated?

Are monthly/yearly reports detailed and accurate?