5 factors for lenders to consider when taking over mixed-use Latin America hotel projects
Mixed-use hotel projects involve, by definition, a complex interplay of real estate assets, development plans, multiple and diverse operating businesses, stakeholders with diverging interests, and often, residential owners or purchasers. Such projects are often located in environmentally sensitive areas and are almost always characterized by complicated governmental entitlement concessions. Distressed mixed-use hotel projects can quickly…
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