MIHRAN KALAYDJIAN DEVELOPMENT COMPANY RECEIVERSHIP SERVICES
Our mission is to create maximum investment value for our client partners and to provide personal and professional growth opportunities for our associates.
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Mihran Kalaydjian Development Company Receivership Services
1. Copy of MIHRAN KALAYDJIAN DEVELOPMENT COMPANY RECEIVERSHIP SERVICES
At Mihran Kalaydjian Hospitality Development Company, we understand that for a lender, a distressed hotel is one of the most
complicated real estate assets. The key to success in acquiring the most favorable outcome is to retain a notable and
experienced hotel management company. Mihran Kalaydjian Hospitality Development Company has a long and successful track
record in the management, re-positioning and successful disposition of hotel real estate for financial institutions. For the past
decade, Mihran Kalaydjian Hospitality Development Company has worked with a number of lenders and special services to bring
positive results to distressed assets. Time and again, Mihran Kalaydjian Hospitality Development Company and has built
relationships by improving results and has earned a solid reputation as a leading hotel management group. Moreover, Mihran
Kalaydjian Hospitality Development Company's extensive history in this process ensures an easy transition, leaving the lender in
the comfort of trustworthy and committed professionals.
Mihran Kalaydjian Hospitality Development Company will work with clients to develop a customized approach given the hotel's
special market conditions, property conditions, and relationship with the brand where applicable, to develop a strategy for the
asset early in the process. The company provides complimentary consultations based on its knowledge of the industry and its
experience with similar assets. We have extensive relationships with major brand key representatives to assist us in repairing
any existing franchise issues. Whether our advice provides a head start on an assignment or simply helps avert the lender
taking possession, we are the company dedicated to obtaining the best results.
Many of our clients have expressed the need for simplicity. As a result we've adopted a one flat fee pricing schedule that…
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2. Copy of MIHRAN KALAYDJIAN DEVELOPMENT COMPANY RECEIVERSHIP SERVICES
MIHRAN KALAYDJIAN DEVELOPMENT COMPANY RECEIVERSHIP SERVICES
Based on our experience managing distressed assets, we can assist from the beginning by insuring that the Order Appointing a
Receiver is appropriate in scope and includes provisions adequate to insure a quick management transition while securing bank
assets and assuring that unpaid bills, open loans, and employee issues are all resolved promptly.
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As a hotel receiver, we utilize our vast experience and management depth to efficiently develop and execute a strategic plan
that improves both operational efficiency and market positioning – ensuring that the hotel or resort is operated in a way that
maximizes the value of the collateral.
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4. Copy of MIHRAN KALAYDJIAN DEVELOPMENT COMPANY RECEIVERSHIP SERVICES
MIHRAN KALAYDJIAN DEVELOPMENT COMPANY RECEIVERSHIP SERVICES provides receivership services. During the
critical transition of a troubled asset, nothing is more important than securing and stabilizing the hotel and staff. We recognize the
importance of quickly gaining control of the entire asset to minimize disruption of business. Our experience in hotel operations
allows best practices to be implemented immediately for revenue growth, cost control and increased asset value. We will work
with the franchisor, vendors, lessees, and others to ensure they are informed of the receivership status and maintain their
partnership with the hotel if appropriate. All accounting services are performed by our in-house Certified Public Accountant, who
also produces a monthly financial statement. We work closely with the appointed hotel brokers to ensure the hotel is presented
to potential buyers in the most professional and positive light possible in order for the hotel to sell in a timely manner.
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