Tag Archives: restructuring

Hotel and Hospitality Industry Update

Posted on14. Jun, 2011 by admin.

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As a follow-up to Hamernik’s 2010 blog regarding the Hotel and Hospitality Industry, here are a few worthy nuggets gleaned from Hamernik’s continuing experience working with numerous clients and over 20 different hotel assets spread throughout the Midwest:
Financing sources for hotels are currently non-existent.Â
As part of restructuring efforts for our limited-service hotel clients, Hamernik [...]

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Recent Hamernik Projects – Hotel and Hospitality Industry

Posted on07. Sep, 2010 by admin2.

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In 2009-2010, Hamernik has provided financial advisory services to over a dozen unique borrowers in the hotel and hospitality industry. While working for the entities and their owners, Hamernik has created and negotiated debt restructuring proposals and/or exit events for each hotel. Cumulatively, the mortgage and other secured debt from each of the borrowers exceeds $91 million.

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“The Current State of Lending for Restructurings”, Panel Discussion at the Indianapolis Bar Association

Posted on08. Apr, 2010 by admin2.

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Few lenders doing DIPs and restructurings was summarized at the panel discussion.

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Closing of New ABL Facility

Closing of New ABL Facility

Posted on30. Mar, 2010 by admin.

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After leading a late 2009 restructuring, our team helped closing an ABL facility in the new year.

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2009 – A Year in Review

2009 – A Year in Review

Posted on03. Feb, 2010 by admin.

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A one-page summary of the activity that our team has experienced in 2009, compared to the previous year’s trends.

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Analysis of the Bankruptcy Abuse Prevention and Consumer Protection Act

Analysis of the Bankruptcy Abuse Prevention and Consumer Protection Act

Posted on11. Jan, 2010 by admin.

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Written just prior to the law took effect in October 2005, this short article outlines our observations and analyses regarding the impact of The Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) of 2005 on small and middle market, as well as privately-held, businesses.

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