Byron Carlock is the President & CEO of CNL Lifestyle Company, LLC, a firm which bases its hotel and real estate development investment decisions on carefully researched consumer lifestyle trends. In this article, he ponders the role of relationships in overcoming the current slowdown in investment.
A question to investors and operators out there: Does "skin in the game" make a difference to you? What other ways can an investment partner demonstrate its commitment to the deal? Have you seen any particularly innovative ways for this good faith to be proven?