FINANCING
064 | Finance Your Growth and Recession-Proof Your Portfolio with Nick Sheth
FINANCING
Niraj “Nick” Sheth is President & CEO of the LD Capital LLC – providing commercial real estate loans from $3 million-$200 million, small business financing for deals ranging from $100,000 to $6 million, and loans for FF&E.
In This Episode, Nick Talks About …
- His entrepreneurial journey, beginning with how got the idea in the early 1990s to start a company that would help hoteliers find the money they need to grow their businesses.
- The many struggles he had along the way, from fluctuations in the economy, to business partnerships that went south, and how he overcame them.
- The various types of funding options hotels have, and why some go away during tough times.
- The next inevitable downturn, what he’s doing doing to prepare, and things hoteliers should consider to recession-proof their portfolio.
Nick isn’t just a lender – he’s a second generation hotelier. His father owned and operated hotels, and he experienced first-hand the challenges many business owners have in finding financing.
The LD Capital team prepared a FREE download exclusively for the Lodging Leaders community to help you recession-proof your portfolio. To get the most out of this episode, click on this link below.
Resources & Links
- Asian Hospitality Magazine Article: No Such Place as Easy Street
- FREE Recession-Proof Tips guide from LD Capital LLC
Nick Sheth
- Email: ns[at]ldlci.com
- Mobile: (423) 593-5482
LD Capital LLC
6714 Heritage Business Court
Chattanooga, TN 37421
Telephone: (423) 385-2300
Fax: (423) 933-0111
E-mail: info[at]ldlci.com
FINANCING
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346 | Repositioning For Recovery: Hotel conversions to outpace new builds
Lodging Econometrics has tracked the hotel industry since 1998. Its global database includes new-hotel pipelines as well as renovations and brand conversions. Hotel franchisers once eager to launch new brands are focused on converting existing hotels because it’s a faster way to recover revenue lost to the COVID-19 pandemic than through new construction. In Episode 346, Lodging Leaders explores the increasing number of conversions in the U.S. hotel industry and what owners and operators need to consider before repositioning an asset.
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345 | ‘Rosy View of Future’: Hotel industry sees unleashing of pent-up investor demand
In the first few months of the COVID-19 pandemic in the U.S., financiers anticipated a swell of distressed hotel businesses. Some raised rescue funds to respond to what they thought was a pending crisis. Though there are financial rescues taking place, the level of such activity is far below what industry advisers and fund managers expected. Commercial real estate investors positioned to act in the early days of the pandemic held off and are now just beginning to unleash their cash hoards totaling billions of dollars. Episode 345 of Lodging Leaders podcast explores the state of capital investment in the hotel industry.