COMMERCIAL MORTGAGE HELP PLEASE!!!?

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I own a 50 unit hotel in a subarb of St.Paul, Minnesota. As of now business is so slow i cannot pay my mortgage to the bank & Sba. The bank has sent me a notice that if i do not pay the loan they will take away my hotel. What are my options.. Please help

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  1. Reply
    HEATHER
    May 15, 2011 at 1:59 am

    Hotels are a totally individual thing. I know CB Richard Ellis had a whole group dedicatd to dealing with that if you are at all interested in selling it.

    http://www.cbre.com/USA/Services/Specialty+Services/Hotels.htm

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