GF Hotels & Resorts through its operating affiliates is involved with lenders across the US in the loan resolution process, at times preparing workout evaluations and also acting in the capacity of Receiver.

GF Hotels & Resorts, through its operating affiliates, has acted as a receiver for hotel properties throughout the country and has performed hotel management, receiverships, workouts, and evaluated nearly 1,000 hotel properties for financial institutions.
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With an extensive history of working with financial institutions, the legal community and hospitality partners, GF Hotels & Resorts has long been known for its turnaround management systems and its success derived from the transitioning of properties with which we’ve been involved. Our solid expertise in this field provides our clients with efficient, cost effective and positive results.

PRE-TAKE OVER ANALYSIS

GF Hotels & Resorts is perceptive to lenders’ and servicers’ liability concerns and is familiar with what needs to be achieved in positions of negotiated handovers, foreclosure, bankruptcy and deed-in-lieu. Prior to a transition of a property, our team takes great strides to understand the situation of the asset and devise a strategy that is in the best interest of all parties involved. 

ROLE OF RECEIVER

GF has been involved in nearly 1,000 receivership hearings in 46 states, frequently testifying as an expert witness for the lender taking back the property. GF has the unparalleled receivership experience and understands the legal intricacies involved, as well as the unique challenges typically found in distressed properties.
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A qualified take-over team can be on-site at the location within 24 hours of receiving the assignment. An extensive step-by-step takeover plan is then prepared, conveying GF’s program of acquiring the asset. We provide the same strong operational support to all assignments, no matter the situation. At the time of the takeover, GF takes the immediate steps to secure and protect the asset.