Recent News

Rick George discusses the recent increase in family vacation plans, but at the expense of ADR


Hotel Business speaks to Monty Levy about creation of Atlanta Hospitality Alliance
Mike Cahill moderates discussion on hotel sales' transactions
Mike Cahill speaks with Hotel Interactive about availability of financing for hotel transactions
Hotel News Now speaks to Mike Cahill about uptick in hotel transactions in first quarter 2010
HREC releases the Florida March 2010 Newsletter: A Change is Blowing in the Florida Wind
Hotel News Now speaks to Mike Cahill about the CMBS market
Mike Cahill and LIIC discuss with Hotel & Motel Management the stresses put on hotel transactions by the financial markets
Mark Lukens joins HREC as SVP and Establishes HREC Office in Seattle
Mike Cahill and members of the International Lodging Finance Council (ILFC) discuss the state of lending in the hotel industry
Paul Sexton joins HREC as VP and Establishes new office in Orlando
Mike Cahill offers advice on buying distressed hotels and what to expect in 2010
GlobeSt.com
discusses with Rick George where the opportunities are in the hotel sector and how he is valuing hotels today
Rick George comments on shared profit deals between hotel companies and lenders
Bill Murney comments on the James Hotel in Phoenix, AZ
Hotel News Now speaks to Mike Cahill about the global economies effecting the Dubai World
Mike Cahill projects hotel price stabilization dates
Bill Murney comments on the Wigwam sale price
At the Navigating Troubled Times in the Hotel Industry Conference, Geoff Davis and other panelists predict when we will see steady deal flow again
Geoff Davis speaks with Maria Wood on GlobeSt.TV about distressed hotel loans, acquisition prospects and what signs will point to a lodging recovery

Advisory Services


Development Resources

Services

HREC Development Resources offers a variety of services that support our business objective of creating and enhancing value for our clients. Understanding a client’s specific investment management needs is an important first step in accomplishing this goal.

Developing a client specific work plan is important whether an owner or investor seeks a single occurrence service or requires ongoing services for transaction counseling services for an acquisition or development.  Fee structures are designed to ensure the highest cost/benefit ratio possible.

Examples of HREC Development Resources services include the following:

Pre-Development Planning


Conceptual Design Coordination
Capital Structuring Analysis
Site Selection & Acquisition
Architect, Contractor, Operator Selection

Asset Administration


Cash Management
Securing Debt
Equity Distributions
Operating and Capital Budget Oversight

Disposition Management


Evaluation of Various Exit Strategies
Principal-to-Principal Relationships
Coordination/Management of Hotel Brokers
Documentation Assistance

Acquisition Due Diligence


Evaluation of Due Diligence Packages
Property/Management Assessments
Risk Analysis
Investment Modeling

Management Company Analysis


Evaluation of Management Requirements
Management Company RFP/Selection
Contract Negotiation
Contract Monitoring/Compliance

Loan Administration


Coverage Ratio Analysis
Market Performance Analysis
Loan Covenant Review
Risk Analysis

Asset Positioning


Product Evaluation
Customer Segmentation
Capital Budgeting

Asset Monitoring/Asset Disposition

Development Planning

(Municipal sponsorship specific) 

Transaction Activity Review
Capital Market Underwriting Review
Capital Structuring
Transaction Advisor Services

Transaction Services

(Municipal sponsorship specific)

RFQ/RFP Transaction Histories
Transaction Team Member Selection
Operating Document Negotiations
Transaction Monitoring/Management

Asset Monitoring

(Municipal sponsorship specific)

Document Compliance
Cash Flow Forecasting
Physical Plant Evaluations
Re-Financing Strategies

Operations/Management Evaluations


Operations Review
Sales & Marketing Review
Profit Enhancements
Management Transitions