Special Servicing & Workouts
Hotel investors, owners, and institutional lenders turn to Richfield for our leadership, expertise, and industry knowledge to preserve and enhance hotel asset value. Given Richfield’s strong financial position, we can provide distressed property assistance through workouts and special services such as takeover planning, process documentation and analysis, receivership services, workouts, capital repair management, licensor and franchisor negotiations, lender and servicer contract assistance, and additional customized evaluations and services based on individual requirements. As a scalable company, we are nimble and able to respond quickly to stabilize, turn-around, and add value to financially turbulent structures. Our team is committed to delivering expedient and efficient transition plans, operations stabilization, and financial reporting to help ensure staff and guest retention during challenging times.