172 | This Unique Moment for Hotel Investors with Morgan Sickles




Lodging Leaders show

Summary: Morgan Sickles is a senior vice president of Aries Conlon Capital’s originations and business development team. He specializes in arranging high-leverage, non-recourse, bridge and permanent loans with cash out for hotel and commercial real estate properties nationwide. Prior to joining Aries Conlon Capital, Morgan founded Atlantis Advisors, a nationwide hotel services provider.<br> <br> About Aries Conlon Capital:<br> Aries Conlon Capital is a Chicago-based international full-service commercial mortgage and real estate investment banking firm. As a boutique firm, they offer best-in-class debt placement, equity arrangement, tax credit syndication, real estate brokerage and advisory through a high-touch, disciplined approach that leverages our extensive lending relationships and deep-rooted client and equity sponsors.<br> In This Episode, Morgan Reveals …<br> <br> * His thoughts on the state of the current economic cycle, and his take on Jamie Dimon and Warren Buffett’s statement that “we’re in the 6th inning.”<br> * How hoteliers can take advantage of the 2018 Tax Reform, including completing a 2021 PIP by 2019, and replacing an HVAC system in 2018 to cash in on Section 179 expansion.<br> * Some advice for hotel investors now with respect to increased incentives for acquisitions and capex investments.<br> * What happens next to the hotel investment cycle, after this somewhat artificial stimulus tapers out.<br> <br> Morgan created an amazing refi calculator which he agreed to share with my audience.<br> This easy-to-use Excel file enables hoteliers to quickly input the parameters of their current loan to see if a refi makes sense.<br> <br> <a class="avia-button avia-button-fullwidth avia-icon_select-no avia-color-custom " href="https://longlivelodging.com/wp-content/uploads/2019/09/Refi-Calculator_05-2018_Morgan-Sickles_v2.1.xlsx" target="_blank" rel="noopener noreferrer">Download the FREE Refi Calculator</a><br> <br> Find out if a refi makes sense for you.<br> <br> <br> DISCLAIMER: Morgan Sickles and Aries Conlon Capital do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.<br> Resources &amp; Links<br> Mentioned in this episode:<br> <br> * Podcast Episode: <a href="http://lodgingleaders.com/028-6-figure-income-tax-savings-through-cost-segregation-with-todd-strumpfer/" target="_blank" rel="noopener noreferrer">028 | 6-Figure Income Tax Savings through Cost Segregation with Todd Strumpfer</a><br> * Free Download: <a href="https://lodgingmetrics.lpages.co/leadbox/14421c7f3f72a2%3A12cc99794346dc/5641497726681088/" target="_blank" rel="noopener noreferrer">Morgan Sickles’ Refi Calculator</a><br> * Lodging Magazine article: <a href="http://lodgingmagazine.com/investment-tips-for-hotels-to-take-advantage-of-2018-tax-reform/" target="_blank" rel="noopener noreferrer">How Hoteliers Can Take Advantage of 2018 Tax Reform</a><br> * Hotel News Now article: <a href="http://hotelnewsnow.com/Articles/286498/Exceeding-brand-standards-key-to-select-service-success" target="_blank" rel="noopener noreferrer">Exceeding Brand Standards Key to Select-Service Success</a><br> * Book: <a href="https://amzn.to/2Lihx67" target="_blank" rel="noopener noreferrer">Setting the Table: The Transforming Power of Hospitality in Business</a> by Danny Meyer<br> * Book: <a href="https://amzn.to/2mlo3uS" target="_blank" rel="noopener noreferrer">Be My Guest</a> by Conrad Hilton<br> <br> RCA Reports (courtesy of Monica Wolfson)<br> <br> * <a href="https://www.dropbox.com/s/g8llqymwt0ybxd5/RCA_Hotel_Capital_Markets_Report_May_2018.pdf?dl=0" target="_blank" rel="noopener noreferrer">RCA Hotel Capital Markets Report May 2018</a><br>