Southwind Hotels and Resorts Assumes Receivership of Masters Inn Tampa Fairgrounds

Southwind Hotels & Resorts | January 6, 2016

Lender requests Florida hotel management company to assist with troubled asset (TAMPA, FL – 01/06/16) When a hotel asset is in trouble and the lender must step in, it is often necessary for the financial institution to rely on the expertise of a hospitality industry professional who has experience in dealing with distressed hotel properties. Recently, a local lender asked St. Petersburg-based Southwind Hotels and Resorts to provide hotel receivership services for the Masters Inn Tampa Fairgrounds, located at 626 E. Dr. Martin Luther King Boulevard, about a mile from the Florida State Fairgrounds facility. In a receiver role, South...