Doubletree by Hilton, Deerfield Beach, FL
Project details
Project: Doubletree by Hilton, Deerfield Beach, FL -Financial Advisor and Owner Representation
Services: Hotel repositioning, underwriting analysis, recapitalization strategy, loan restructuring, brand analysis, investment analysis, management contract negotiation, and owner's representation.
Features: 221 guestrooms, 16,800 square feet of event and meeting space, a gastropub and various recreational amenities.
Assignment Profile
REH served as financial advisor and owner representative for a Midwestern hedge fund owner on repositioning an underperforming full-service Hilton Hotel in Deerfield Beach, FL. This assignment entailed a change in management, change in brand to Doubletree by Hilton, development of a recapitalization strategy, and preparation of troubled asset valuation in support of a partner buyout and loan restructuring considerations.