"As a result of September 11 and the economic recession, many hotels have experienced a dramatic downturn," states Roginsky. "Our clients, investors of all types, have begun to ask for professional support. With our vast experience and seasoned professional staff, we are effectively guiding them through these difficult times." 

�Through the first quarter of this year, many hotels that are heavily leveraged or are located in heavily affected markets are expected to have difficulty meeting debt service,� says Matthew Arrants Director of Asset Management at Pinnacle.  �Given the services we already provide and the specialists we have working for us, we believe that we are perfectly suited to assist lenders and owners through what are often complex and challenging situations.�

Pinnacle�s Asset Restructuring Group provides the following services:

• Strategic Asset Evaluation
• Market Assessment
• Valuation Services
• On-going Workout Support
• Asset Management
• Specialized Legal Counsel
• Transactions Services (sale of asset or notes; financing new debt and/or equity)