Resort Bankruptcy Solutions
We are avoiding bankruptcy when ever possible. Our team will do anything to help the owner and/or manager of for the consequences of this strategic action. We have been through some of the most complex and disastrous resort bankruptcies the world. We seldom find resorts that are better off because they went bankrupt and this goes for owners.
Bankruptcy destroys real estate values, business and can severely effect the value of an entire community. We have seen instances where lower property taxes due to the bankruptcy of our resort have hurt the public school system.
Resorts are primarily build up on relationships and guest experiences. Bankruptcy has a major impact on these relationships. But in a second home or a vacation in real estate product of any type takes to trust and time to make that decision. Guests who visit resorts can it has reached 5 to 10 visits after they have shown interest in a second home real estate product before they buy. If the trust and the relationship is impacted by the word bankruptcy could be calculated many times a day can be in the hundreds of millions of dollars.
We will Act as intermediaries and educators to financial institutions, partners, REITs and any other financial institution involved in the financial structure of a property to save it from going into any form of bankruptcy.
Call us on this very confidential manner and we will discuss how to handle your situation.