Unsatisfied PPP Loans May Pose Challenges to Hotel Transactions

Joshua M. Bowman, chair of the Sherin and Lodgen’s Hospitality Practice Group, was published in the New England Real Estate Journal (NEREJ) on March 19, 2021. The article, “Unsatisfied PPP Loans may pose challenges to hotel transactions,” details approval rights by Paycheck Protection Program (PPP) lenders that, if required, may cause significant delays for hotel owners eager to close a hotel sale or recapitalization.

Read a pdf of the article here.