Pyramid is a nationally recognized provider of receivership services. We have also performed the roles of Receiver/Manager and Receiver/Asset Manager.
As a hotel receiver, we utilize our vast experience and management depth to efficiently develop and execute a strategic plan that improves both operational efficiency and market positioning – ensuring that the hotel or resort is operated in a way that maximizes the value of the collateral.
Pyramid executes these action steps:
- Review Court-Receiver Order to ensure sufficient scope and authority to protect and enhance the collateral’s value
- Coordinate transition of property control
- Secure operating accounts and assets
- Ensure operating agreement compliance
- Review critical risk areas in cash flow projections and identify immediate revenue impact opportunities
- Develop and implement strategic plan designed to maximize asset value
- Review capital plan and closely monitor capital expenditures
- Provide progress reports on hotel operations