Brief
Ten Legal Due Diligence Priorities for Hotel Investors
By Tim Franzen, Ginsberg Jacobs Nearly 30 years as a principal sponsor of hundreds of hospitality real estate investments have shaped how I approach legal due diligence. Hotel deals rarely fail becaus
Summary
By Tim Franzen, Ginsberg Jacobs Nearly 30 years as a principal sponsor of hundreds of hospitality real estate investments have shaped how I approach legal due diligence.
Hotel deals rarely fail because someone missed an obscure legal technicality.
They fail because buyers, lenders and even counsel didn’t fully understand the business implications of key property and operational issues. The franchise agreement that looked standard triggered a property improvement plan. The management contract tha
Source
- REBusinessOnlinerebusinessonline.com
