24 Hour Fitness

INDUSTRY

Real Estate

Summary

Hilco Real Estate was engaged to assist 24 Hour Fitness, related to its portfolio of 430+ clubs across the US which serve millions of members. Hilco worked with company ownership/management and the lenders which ultimately took ownership of the company during its bankruptcy, to assess the leased real estate obligations and related market dynamics, and restructure this significant portfolio of leased locations. Hilco successfully secured over $300 million in critical savings, providing necessary financial stability and lease term control for the company.

Let’s connect and work together

If your business or a business in your portfolio is facing a current challenge, our team can provide a qualified perspective and experience-based guidance toward an optimized resolution.