CMBS special servicers and lenders face hotel problems they weren't built to solve. We provide the operational expertise to understand what you're holding — and what to do with it.
Independent operational and market review of the collateral. Is this hotel worth saving, repositioning, or disposing of? We evaluate physical condition, competitive position, brand fit, and realistic performance potential — not just the trailing financials.
Separating the asset problem from the operator problem — critical before deciding on a workout path. A struggling hotel under a capable operator calls for a different remedy than a sound asset under a struggling one.
Deed-in-lieu, note sale, receivership, brand or management change — we help structure the right path given the asset's reality, balancing recovery value against time and execution risk.
Expert hospitality advisor to the receiver or the court — providing operational grounding through the process, from interim management oversight to reporting.
If you're selling the note or the asset, we help prepare it — diligence packaging, asset positioning, and buyer-facing materials built for a faster, cleaner close.
Hotels are operationally complex collateral. A room count and an STR report don't tell you whether the management team is the problem, whether the flag is right for the market, or what a realistic stabilization timeline looks like.
MCL speaks both languages — the real estate finance side and the operator side — which is rare. That's the gap we fill.
Discuss a Situation →Engagements scope quickly — most asset assessments are turned around in days, not weeks.
We review loan documents, servicing notes, and recent financials to scope the engagement.
Property tour, operator interview, and competitive set analysis grounded in current market conditions.
A clear, written assessment of asset viability and a ranked set of workout paths with trade-offs.
Ongoing advisory through receivership, disposition, or transition — as deep as the situation requires.
No proposals, no pitches. A direct, confidential conversation about the asset and what it actually needs.
Discuss a Situation