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Distressed Property Management
Working with distressed properties takes a quick understanding and a fresh approach. It also calls for managing expectations, as well as a property’s operations.
The Hamister Group, Inc. has helped turn around distressed properties in multiple states across the country. By becoming a hands-on part of your operation, our team will quickly identify problems and potential problem areas, study your market and put a plan in place to maximize return to creditors and shareholders that may include new equity or debt solutions.
But that’s just the beginning.
Through our experience, we know that turnarounds take time and that every property is different. Identifying the problems is the easy part. The real challenge is implementing a plan that improves the root of the problems so your property can experience long-term results as you continue to operate or maximize value as you prepare to sell.
The team at The Hamister Group, Inc. is more than up to the challenge and our results speak for themselves.
We have successfully helped distressed health care and hotel properties improve their coverage ratio, alleviate regulatory and brand compliance issues, increase census and occupancy and build overall financial performance and value.
Most importantly, we have helped the properties we have worked with regain the trust and credibility in their marketplace, which we believe are essential in maximizing the value of any property.
From improving overall performance at a group of troubled health care facilities in Colorado that were saddled with regulatory problems to producing 20% year-over-year returns at three hotels in Pennsylvania that were at risk of losing their brand affiliation, The Hamister Group, Inc. knows how to get results out of distressed operations. Our team of management and operations professionals is ready to help you put your struggling operations on solid ground.
For more information on our successes, please see our case studies below. To talk about how we can help you, contact Dan Hamister, our Senior Vice President of Business Development at DMH@HamisterGroup.com or call (716) 839-4000.
Denver, CO Pittsburgh, PA Gainesville, FL Jacksonville, FL
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