HANYC and Lotus Capital invite you to join us for a much-needed conversation about the world of hotel loan restructurings, followed by a Q&A session. The discussion will aim to provide hotel owners in NYC insights into how lenders and borrowers are currently renegotiating/restructuring their existing loans given the distressed state of the market, and further shed a light on the lending landscape for hospitality. Topics covered will include actual concessions lenders are willing to offer, detailed guidance on how borrowers can make a case for forbearance or restructuring of their loans, options for rescue capital, avenues other borrowers are availing, and a general discussion on the NYC hospitality market. Once you register below, you’ll be taken to an approval page with a calendar link, plus a confirmation email will be sent with Zoom Webinar link details.
Along with Vijay Dandapani, President & CEO of HANYC, the panel will consist of Faisal Ashraf, Managing Partner of Lotus Capital, and Richard Mandel, President of Ramsfield Hospitality Finance. Lotus is a capital advisory firm that ranks as one of the most active debt restructuring & loan workout firms in the US actively advising borrowers. Its advisory efforts focus on debt restructuring and capital placement. Ramsfield Hospitality Finance is a hotel-specific lender, investor and asset manager that has funded $1.3 billion in hotel loans since its establishment 18 years ago.