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How bad will financial distress in the hotel industry get before it gets better? Are we seeing just the tip of the iceberg in terms of hotel foreclosures? What can owners do to help their properties survive? Why aren’t we seeing more sales of distressed hotels? Will lenders take back properties or work out loan terms with borrowers? Listen in as our panel of experts gets to the bottom of these crucial questions. Monday, July 6, 2009: 12:30 PM ET Cost: $59
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VERNON, NJ-The plan is to convert much of the property, now known as the Legends Resort Hotel, into 360 condos and to add another 372 townhouses on the surrounding 600 acres.

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