Rad Capital Group: Expert Receivership Services for Efficient Management of Distressed Hotel Assets
Rad Capital Group offers comprehensive receivership services, ensuring that lenders’ troubled hotel assets are managed efficiently and cost-effectively through every stage of transition. Our team brings deep expertise in legal, accounting, and operational management, working to stabilize asset operations, enhance revenue, and foster employee morale—essential for maximizing Net Operating Income, a key factor in today’s hotel valuations.
Our Services
Appointment Process Support
We work closely with lenders and clients to facilitate a smooth appointment process, ensuring the Order Appointing Receiver provides clear scope and authority for an efficient transition.
Property Takeover
With our proven operational expertise, Rad Capital Group takes control of assets with minimal disruption. We conduct thorough reviews of accounting, payroll, revenue management, and brand compliance practices to reduce lender risk from day one.
Comprehensive Management
Our operations and accounting teams assume responsibility for all daily functions, prioritizing the retention of existing staff to maintain continuity and reduce payroll transition costs. We manage all administrative aspects, from franchise and vendor relations to tax filings and contract renegotiations, making strategic decisions to protect and enhance asset value.