Hotel/Motel Owner Protection

Accolades from our valued Clients cement Sharma Law Group’s position as a market leader in the area of “FAIR FRANCHISING” & “ALTERNATIVE DISPUTE RESOLUTION” representing the hotel/motel owners in general and the franchisees in particular.

Protect your business and Hotel/Motel property

The current financial crisis requires unprecedented level of proactive roles. Sharma Law Group has more than thirty (30) years experience in representing hotel/Motel owners in general and Franchisees in particular. We share our accomplishments and successes at the Micro Level in the following areas:

Commercial Mortgage Bailout (CMB)

Re-negotiating terms of more than $500 million commercial mortgages to provide a new measure of certainty to lenders and hotel motel owners by:

• Workout based upon Liquidity, Stability, and Affordability
• Streamlined Modifications based upon.

HOTEL/MOTEL-A Bank Loan – 3.8 Million SBA Loan – 1.2 Million Defer SBA monthly payments for six (6) months Reduce monthly payment by $1,800 per month by Extending the term and reduction of interest rate for the Bank Loan.	HOTEL/MOTEL-B Bank Loan $ 8 Million prepayment penalty $ 1 Million Cash out refinance reduce prepayment penalty to $250,000.00
HOTEL/MOTEL-C 4 Properties – sell one –non-performing Renegotiate owner financing Modify Commercial Mortgage to save three (3) revenue generating properties.	HOTEL/MOTEL-D Bank Loan(s) $ 80 Million Other creditors $ 8 Million Chapter 11 Bankruptcy -Workout
HOTEL/MOTEL-E Bank Loan $ 4.8 Million 2nd Trust $ 1.2 Million Foreclose to wipe out 2nd Trust Repurchase for $ 3.9 Million	HOTEL/MOTEL-F Non Recourse Loan $ 10 Million Reduce Monthly Payment for FFE Reduce monthly payment interest only for a limited term with yield maintenance agreement.

Franchisor’s response

• Temporary Reduction in monthly fees
• Extend date to Commence construction
• Defer recovery of audit deficiency, of interest and service charges
• Reasonable mutual windows out
• Reduce Liquidated Damages
• Improve business incentives to retain attract new comers.

Customized Immigration solutions for Hotel/Motel Owners

SLG has combined their unique knowledge hotel/motel business to successfully meet the requirements of employment and business based immigrant petitions e.g. Investors Visa, H1B, L-1, and naturalization petitions.

Innovative Business Solutions

Negotiating Business Solutions to help your firm with the following:

• Extend time to start construction of new hotel/motel property.
• Defer investment in non-essential health and security-related capital improvements mandated by the franchisors
• Accommodate late monthly payments.
• Improve business incentives to retain flag.
• Restructure ownership organization to lease management entity.
• Utilize advanced tools for billing and revenue recovery.
• Enhance ADR/RevPAR