White House Preps Hedge Fund Bailouts
“....the biggest beneficiaries of any assistance could be large real estate owners affiliated with properties that owe troubled hotel debt, according to an analysis by hotel union Unite Here International, which analyzed public filings and data from research firm Trepp LLC as of June 16.
The hotel owner with the most money in these troubled commercial mortgage-backed-securities (CMBS) loans is Monty Bennett. The Dallas businessman is affiliated with companies including Ashford Hospitality Trust and Braemar Hotels & Resorts that had loans valued at nearly $2.3 billion with special servicers, according to the Unite Here’s analysis of the Trepp data.”
| by Anonymous | reply 9 | June 29, 2020 7:12 PM
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Follow the money trail to hotel owners, golf club & resort owners ... and well, you know who!
| by Anonymous | reply 1 | June 29, 2020 4:46 PM
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Truly an essential business that we can't live without! /s
| by Anonymous | reply 2 | June 29, 2020 5:05 PM
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What about all the living people who never got their 1200?
And the dead people who did?
| by Anonymous | reply 4 | June 29, 2020 6:23 PM
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OMG. He's going to bail out himself.
| by Anonymous | reply 7 | June 29, 2020 6:54 PM
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Where did all the other bailout money go?
| by Anonymous | reply 8 | June 29, 2020 6:55 PM
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For the first time, I think there may be something to Trump may be stepping down.
He gets this bailout nonsense through - and saves his hotels.
He knows he's going to lose.
Pence is wearing a mask. (Showing his independence in a small signal.)
Once he knows the money is there to save him, the Trump plane will be waiting to take him to Scotland. He will all ready Have made arrangements made to escape to a middle eastern lavish life style that doesn't have extradition. The Republicans already know this.
| by Anonymous | reply 9 | June 29, 2020 7:12 PM
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