Hotel Financing Structures and Options in the Hospitality Industry Upswing
Leveraging CMBS Capital Market Financing, Preferred Equity, Tax Credit Funds and EB-5 Financing
Recording of a 90-minute premium CLE webinar with Q&A
This CLE course will brief financing counsel on the various financing tools, sources of money, and legal challenges for hotel owners and operators in the current economic environment. The panel will focus on CMBS financing, tax credit funds, EB-5 financing and preferred equity investments.
- Easy money
- Cleaning out the distressed properties and loans
- Current available sources of financing
- Private investor dollars (preferred equity)
- Tax credit funds (new market/historic tax credits)
- EB-5 financing
- CMBS capital market financing
- CMBS type loan structures and requirements
- Collateralizing the management and franchise agreements
- Comfort letters
- Collateral assignments
- Bankruptcy remote organizational structures and covenants
The panel will review these and other key questions:
- What are current trends in CMBS loan structures and requirements?
- What are the primary benefits—and risks—of preferred equity investments as a source of financing?
- What projects are particularly suited to EB-5 financing?
Ulmer & Berne
Mr. Kaplan assists owners, operators and receivers of hotel, office and industrial properties with their real estate,... | Read More
Mr. Kaplan assists owners, operators and receivers of hotel, office and industrial properties with their real estate, finance, leasing, construction and organizational challenges; specifically, negotiating and drafting hospitality, purchase, sale, financing, leasing, construction, franchise and management agreements. He serves as general counsel and national real estate counsel to several domestic and internationally based public and privately held companies.Close
Jeffer Mangels Butler & Mitchell
Guy Maisnik has over three decades of commercial real estate transactions with a strong expertise in hotels and... | Read More
Guy Maisnik has over three decades of commercial real estate transactions with a strong expertise in hotels and finance. A partner and Vice Chair of the JMBM Global Hospitality Group, Guy is a senior member of the JMBM Chinese Investment Group and a partner in the JMBM Real Estate Department. He advises clients on hospitality transactions, with both a practical business and legal focus, representing buyers, sellers, lenders, opportunity funds, special servicers, REITs and developers in hotel transactions, joint ventures, hotel management agreements and franchise agreements, buying, selling and ground leasing of hotels, complex mixed-used development and fractional and timeshare structuring.Close
Founder and CEO
JF Capital Advisors
Mr. Falik has over 20 years of experience in the real estate and lodging sector. He has worked on numerous M&A and... | Read More
Mr. Falik has over 20 years of experience in the real estate and lodging sector. He has worked on numerous M&A and financing transactions involving well over 2,000 hotels and over $25 billion of transaction value. At JF Capital Advisors, he leads the firm’s hospitality business, which includes equity and debt placement, asset acquisitions and dispositions, portfolio transactions, joint venture structuring, asset management, management company and brand evaluation, and strategic and capital markets advisory services.Close