Receivership Services

HMC is a nationally recognized provider of receivership services and by utilizing our vast experience and management depth, we are able to develop and execute a strategic plan that will raise operational efficiency, enhance market position and ensure each property operates at its full investment potential.

We can act as a court appointed receiver and/or as the manager hired by you to protect your assets and operational services while under the receiver order. Our in-depth knowledge of the legal aspects of the process can anticipate a variety of potential situations that may arise and we can react quickly.  If necessary, HMC is also equipped to immediately take over an asset.

Our Assistance Includes​

• Bank and court reporting requirements, including initial and ongoing court appearances, and the ability to secure operating accounts and assets to ensure they are agreement compliance.
• Development and implementation of a strategic plan to maximize asset value and secure the highest possible revenue and market share.
• Review of critical risk areas in cash flow projections to identify revenue opportunities, as well as a thorough examination of the capital plan and monitoring these expenditures.
• Detailed reporting and progress reports on hotel operations.
• Brand and franchise solutions, computer systems, insurance needs, etc.
• Contract and service provider agreements.