PHD Procurement & Receivership
Procurement and Receivership
Some of the more complex and challenging situations that exist in today’s economic environment, particularly in the hospitality industry, center on troubled properties facing foreclosure,bankruptcy and receivership. Whenever a borrower or lender is faced with this unfortunate situation, finding the right team of asset management experts to guide them through the maze of legal and operational obstacles is critical to preserve and maximize the asset value. There are several strategies that can assist the parties prior to a course of last resort, such as debt restructuring, interest reduction, equity infusion, forbearance, repositioning and replacing management. Timing is critical. After all, missteps can be costly and in these times often unrecoverable, devaluing the parties brand and investor capital. The PHD team is particularly suited to help both the borrower and lender avoid some of the costly pitfalls and chart a course to minimize impact and shorten recovery.
With the extensive background of our in-house executive team and prior experience with third-party bankruptcies, foreclosures and receiverships, PHD offers strengths from experience that few other independent third-party management companies can match.
Our unique resources, understanding of the law and experience within the court system, coupled with our knowledge of the lodging industry and the use of accounting systems designed to do the specific type of reporting required by these legal situations, make us the ideal choice for properties already experiencing, or facing the threat of, any type of foreclosure, bankruptcy or receivership. We are focusing resources and efforts on troubled assets the next two years specializing on providing a full range of experienced asset management services by highly qualified professionals to assure borrowers and lenders preserve and maximize asset value.
Procurement Services
Hotel Procurement that Creates… Quality and Style, at an Affordable Price.
PHD Hospitality and Development LLC is dedicated in creating efficiencies for all projects, providing a complete spectrum of procurement services, from Preliminary Budget Analysis to Competitive Bidding, to Interior Design Documentation/Coordination and Value Engineering, to Project Cash Flow and Project Closeout Documentation. PHD believes in becoming your purchasing partner in providing projects that are on time and under budget with products that meet the proposed design and operational needs.
Scope of support includes but is not limited to:
Procurement Detailed Services link...
Procurement Purchasing Bio link...
Procurement and Receivership
Some of the more complex and challenging situations that exist in today’s economic environment, particularly in the hospitality industry, center on troubled properties facing foreclosure,bankruptcy and receivership. Whenever a borrower or lender is faced with this unfortunate situation, finding the right team of asset management experts to guide them through the maze of legal and operational obstacles is critical to preserve and maximize the asset value. There are several strategies that can assist the parties prior to a course of last resort, such as debt restructuring, interest reduction, equity infusion, forbearance, repositioning and replacing management. Timing is critical. After all, missteps can be costly and in these times often unrecoverable, devaluing the parties brand and investor capital. The PHD team is particularly suited to help both the borrower and lender avoid some of the costly pitfalls and chart a course to minimize impact and shorten recovery. With the extensive background of our in-house executive team and prior experience with third-party bankruptcies, foreclosures and receiverships, PHD offers strengths from experience that few other independent third-party management companies can match.
Our unique resources, understanding of the law and experience within the court system, coupled with our knowledge of the lodging industry and the use of accounting systems designed to do the specific type of reporting required by these legal situations, make us the ideal choice for properties already experiencing, or facing the threat of, any type of foreclosure, bankruptcy or receivership. We are focusing resources and efforts on troubled assets the next two years specializing on providing a full range of experienced asset management services by highly qualified professionals to assure borrowers and lenders preserve and maximize asset value.
Procurement Services
Hotel Procurement that Creates… Quality and Style, at an Affordable Price.
PHD Hospitality and Development LLC is dedicated in creating efficiencies for all projects, providing a complete spectrum of procurement services, from Preliminary Budget Analysis to Competitive Bidding, to Interior Design Documentation/Coordination and Value Engineering, to Project Cash Flow and Project Closeout Documentation. PHD believes in becoming your purchasing partner in providing projects that are on time and under budget with products that meet the proposed design and operational needs.
Scope of support includes but is not limited to:
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Proven Ability to Work Within… any Agreed Upon Budget. |
Procurement Detailed Services link...
Procurement Purchasing Bio link...
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Careers |
In the News October 16, 2009, 6pm The NEW Hilton Garden Inn - Las Cruces opens! October 5, 2009 Pyramid Hospitality unveils their new website |
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