{"id":120168,"date":"2021-02-04T20:56:07","date_gmt":"2021-02-04T13:56:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/want-to-own-an-apartment-building-buy-a-distressed-hotel-for-pennies-on-the-dollar\/"},"modified":"2021-02-04T21:10:02","modified_gmt":"2021-02-04T14:10:02","slug":"want-to-own-an-apartment-building-buy-a-distressed-hotel-for-pennies-on-the-dollar","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/want-to-own-an-apartment-building-buy-a-distressed-hotel-for-pennies-on-the-dollar\/","title":{"rendered":"Want to own an apartment building? Buy a distressed hotel for pennies on the dollar"},"content":{"rendered":"


\nReal estate developers are buying distressed hotels for bargain prices and converting them to more lucrative and much-needed affordable housing.
\n
\nSource : cnbc.com
\nRead more…Want to own an apartment building? Buy a distressed hotel for pennies on the dollar<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Real estate developers are buying distressed hotels for bargain prices and converting them to more...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-120168","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vgc","jetpack-related-posts":[{"id":1080,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-agents-bait-dubai-homebuyers-with-distress-deals\/","url_meta":{"origin":120168,"position":0},"title":"Property agents bait Dubai homebuyers with ‘distress’ deals","date":"January 9, 2016","format":false,"excerpt":"\r \r A number of property agencies in Dubai are marketing properties as \u201cdistress sales\u201d in Dubai in a bid to drum up interest in what remains a sluggish market. Last week, The National received an email blast from the Dubai-based agency Homes4-Life marketing a town house in phase 2\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124703,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-distressed-exchanges-default-waivers-build-as-chinese-developers-wonder-wheres-the-policy-stimulus\/","url_meta":{"origin":120168,"position":1},"title":"Evergrande crisis: distressed exchanges, default waivers build as Chinese developers wonder, where\u2019s the policy stimulus?","date":"February 25, 2022","format":false,"excerpt":"\r The number of Chinese developers seeking debt forbearance from offshore creditors is expanding as Zhenro Properties and Jingrui Properties highlighted an ongoing credit crunch amid the worst industry slowdown in a decade.The two developers this week sought to delay repayments on dollar-denominated bonds worth US$1.2 billion maturing this year,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106975,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-state-backed-private-equity-starts-a-fund-to-buy-out-distressed-debt-take-advantage-of-nations-deleveraging-campaign\/","url_meta":{"origin":120168,"position":2},"title":"China\u2019s state-backed private equity starts a fund to buy out distressed debt, take advantage of nation\u2019s deleveraging campaign","date":"May 9, 2019","format":false,"excerpt":"\r Citic Capital, one of the largest private equity firms backed by the Chinese state, is raising US$500 million for its first buyout fund for distressed assets in China, placing a bet on the opportunities available in the country\u2019s campaign to shed debt.\u201cThere are lots of good real estate projects\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144417,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-vice-premier-he-lifeng-calls-on-cities-to-buy-back-residential-land-unsold-homes-to-aid-distressed-developers\/","url_meta":{"origin":120168,"position":3},"title":"Chinese Vice-Premier He Lifeng calls on cities to buy back residential land, unsold homes to aid distressed developers","date":"May 17, 2024","format":false,"excerpt":"\r He Lifeng stressed the need to \u2018carry on the battle\u2019 to surmount the risks that unfinished and unconstructed homes represent, as the health of the property market is tied closely to social wellness and economic development.\r \r Source : South China Morning Post\r Read more...Chinese Vice-Premier He Lifeng calls\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104139,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-developers-snap-up-distressed-real-estate-debt\/","url_meta":{"origin":120168,"position":4},"title":"China developers snap up distressed real estate debt","date":"February 19, 2019","format":false,"excerpt":"\r Large property groups buy up rivals\u2019 soured loans, accelerating sector consolidation\r \r Source : ft.com\r Read more...China developers snap up distressed real estate debt","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54659,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-chance-for-indian-banks-to-move-on\/","url_meta":{"origin":120168,"position":5},"title":"A chance for Indian banks to move on","date":"May 14, 2017","format":false,"excerpt":"\r Aditya Berlia, an executive board member of the Apeejay Stya and Svran Group, a family-run industrial and investment house in New Delhi, talks about bad debt and distressed assets in India.What's the general scenario like when it comes to bad debt in India?Non-performing loans have been a huge liability\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120168"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=120168"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120168\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}