Bob Sonnenblick recording : The Crowdfunding Forum for Real Estate March 2015: New York
[one_half] [/one_half] [one_half_last] Session Chair: Bob Sonnenblick, Chairman, SONNENBLICK DEVELOPMENT, LLC [ BIO ] Panel Participants: Al Bokhour, President, BOKHOUR DEVELOPMENTS Arik Lifshitz, CEO, DSA PROPERTY GROUP [ BIO ] Alex Sifakis, President, JWB REAL ESTATE CAPITAL [ BIO ] Andrew Broeren, Director, PARAGON INVESTORS [ BIO ] Chris Baker, CEO, TAO INVESTMENTS LLC Max […]
County votes to approve Sonnenblick Development to build Hyatt Place at Sacramento airport
County votes to approve Hyatt Place at Sacramento airport $24 million hotel would have 135-room capacity By Leticia Ordaz SACRAMENTO, Calif. (KCRA) —The Sacramento County Board of Supervisors voted 5-0 on Tuesday to approve a planned $24 million hotel at the Sacramento International Airport — and it’s expected to bring hundreds of new jobs […]
County votes to approve Hyatt Place at Sacramento airport
24 million hotel will have 135-room capacity By Leticia Ordaz 8:36 PM PST Jan 27, 2015 SACRAMENTO, Calif. (KCRA) —The Sacramento County Board of Supervisors voted 5-0 on Tuesday to approve a planned $24 million hotel at the Sacramento International Airport — and it’s expected to bring hundreds of new jobs to the region. […]
Sacramento County Approves New Build 135-room Hyatt Place Hotel to be Located at Airport
Tony Bizjak | The Sacramento Bee | January 28, 2015 3:26pm Jan. 27–Travelers to and from Sacramento International Airport soon will have a place to stay overnight on airport property, although not as grand as once planned. Sacramento County supervisors Tuesday morning approved a new five-story airport business hotel, seven years after tearing down a […]
CBS13: 5-Story Hotel Approved For Sacramento International Airport
5-Story Hotel Approved For Sacramento International Airport January 27, 2015 1:13 PM SACRAMENTO (CBS13) – Work will go forward on a hotel at the Sacramento International Airport after Sacramento County supervisors approved the project today. Sonnenblick Development LLC and the Sacramento County Dept. of Airports will build a 5-story, 135 room Hyatt Place hotel next […]
5-Story Hotel Approved For Sacramento International Airport
BEE METRO STAFF 01/27/2015 12:00 PM 01/27/2015 1:35 PM Sacramento County supervisors Tuesday morning approved a new five-story business hotel at Sacramento International Airport, seven years after tearing down the old facility. Supervisors voted 5-0 to work with developer Sonnenblick Industries LLC to construct a 135-room Hyatt Place within walking distance of both airport terminals. […]
Is a new hotel coming to Sacramento Int’l Airport?
Developer proposes to put Hyatt hotel at airport By Sharokina Shams 7:25 PM PST Jan 23, 2015 SACRAMENTO, Calif. (KCRA) —The Sacramento International Airport could finally have a new hotel if plans that have been years in the making are approved next week. Sonnenblick Development, a Los Angeles-based developer, is proposing to put a […]
Sacramento airport hotel project worth at least $23M
Mark Anderson Staff Writer- Sacramento Business Journal A $23 million Hyatt Place hotel proposed for Sacramento International Airport could be open in 2017. Sacramento County supervisors at their meeting Tuesday will consider a development agreement with Los Angeles-based real estate development firm Sonnenblick Development LLC to build a 135-room hotel between the airport’s main […]
New Hotel In The Works At Sacramento International Airport
January 23, 2015 1:52 PM SACRAMENTO (CBS13) – A Los Angeles developer is looking to build a hotel at the Sacramento International Airport, county officials announced Friday. Airport officials will be meeting the Sacramento County Board of Supervisors come Tuesday for approval of the plan. Sonnenblick Development LLC and the Sacramento County Dept. of […]
Airport Seeks Approval for Five-Story Hotel
January 24, 2015 by bboyd Leave a Comment THE NATOMAS BUZZ | @natomasbuzz The Sacramento County Board of Supervisors will decide Tuesday whether to approve an agreement that will allow a five-story hotel to be built at the Sacramento International Airport. The Sacramento County Department of Airports will go before the board on Jan. 27 […]
Hotel Planned for Sacramento International Airport
Posted 12:32 PM, January 23, 2015, by Sam Cohen, Updated at 12:37pm, January 23, 2015 [one_half]SACRAMENTO- Sacramento International Airport is seeking approval for plans to build a five-story, 135-room hotel onsite. A Los Angeles-based developer is proposing to build a Hyatt Place hotel near the parking garage, with access to both terminals. Plans include […]
Sacramento airport reaches hotel construction deal
By Tony Bizjak tbizjak@sacbee.com 01/23/2015 9:31 PM Seven years after tearing down the old airport hotel, Sacramento International Airport has reached a deal with a private developer to build a new facility on site – a five-story hotel that will sit within short walking distance of both passenger terminals. The deal, years in the […]
Sacramento County considers Hyatt Place hotel for airport
Jan 23, 2015, 7:25am PST Mark Anderson Staff Writer- Sacramento Business Journal In a major step forward for Sacramento International Airport, county supervisors on Tuesday will consider a development agreement for a 135-room Hyatt Place hotel to be built between the two passenger terminals. Sacramento County, which operates the airport, has been seeking a […]
Bob Sonnenblick Moderating at the 2nd Annual Boutique Hotel Investment Conference BLLA in New York 2014
The 2nd Annual Boutique Hotel Investment Conference BLLA held in New York 2014 Bob Sonnenblick Moderating: New York Boutique Hotel Investment Conference.
Hotel deal pace in Caribbean remains in check
November 21 2014 Speakers at the Caribbean Hotel Investment Conference & Operations Summit lament a lack of financing that has created a dearth of deals, but they don’t expect it to last forever. By Jeff Higley Editorial Director jeff@hotelnewsnow.com [one_half] PUNTA CANA, Dominican Republic—Buyers are laboriously prudent when it comes to hotel assets in the […]
The Cool Way to Finance Hotels
November 14, 2014 [one_half] [/one_half] [one_half_last] Hotel Summit on Tuesday November 11th 2014 Sonnenblick Development principal Bob Sonnenblick, a panelist, says LA just finished its best 12 months ever in total volume of hotel bookings and tourism, and supply is under control. In general, the coasts are very strong but the middle of the country […]
Bob Sonnenblick speaking at CHICOS November 14th, 2014 – Hotel Capital in The Caribbean
[one_half] Los Angeles-based hotel developer Bob Sonnenblick, Chairman of Sonnenblick Development LLC has been chosen to speak at the upcoming CHICOS (Caribbean) Hotel conference at The Hard Rock Hotel in Punta Cana, Dominican Republic on November 14th, 2014. The panel topic will be “Hotel Capital in The Caribbean”. [/one_half] [one_half_last] [/one_half_last] 11:15 A.M. TO 12:15 […]
Hottest Hotel Projects
Los Angeles Hotel Oct 31, 2014 Talk to anybody in hospitality and they’ve got a hot project in the works. We did just that… [one_half] [/one_half] [one_half_last] This morning, Sonnenblick Development principal Bob Sonnenblick (in full Halloween mode before trick-or-treating with his kids in Pacific Palisades) told us about his newest resort hotel project: Chambers […]
LA developer behind Chambers Bay resort says property is a ‘12′
September 29, 2014 LA developer behind Chambers Bay resort says property is a ‘12′ By BENJAMIN MINNICK Journal Construction Editor Robert Sonnenblick is the man who wants to build a $150 million resort at Chambers Bay, and he says as soon as he saw the location it was love at first sight. “That site […]
Drawings released for five-story hotel at Chambers Bay
By Steve Maynard Staff writer September 23, 2014 A Los Angeles developer unveiled drawings Tuesday for a resort at Chambers Bay in University Place that would be big and dramatic with a five-story hotel and sweeping views of Chambers Bay Golf Course and a proposed second course. [button link="https://www.sonndev.com/wp-content/uploads/2026/07/chambers-bay-resort-brochure.pdf%22]Click for Chambers Bay Resort Brochure[/button] Chambers […]
NFDA Government Real Estate Conference in Sacramento on October 1, 2014
[box type=”shadow”]NFDA Western Region Conference Oct. 1, 2014[/box] LA-based real estate developer Bob Sonnenblick, Chairman of Sonnenblick Development LLC, has been chosen to lead the Government Tenant Development Panel at the upcoming NFDA Government Real Estate Conference in Sacramento on October 1, 2014. The Conference, the first of its kind on the West Coast, focuses […]
Bob Sonnenblick to speak at NATHIC Confence: Extended Stay Segment
[one_third] November 20 11:45AM – 12:35PM [/one_third] [two_third_last] Extended Stay Segment: This panel will provide insights into branding, acquisition, management, development and expansion possibilities in gateway cities as well as secondary and tertiary markets for Extended Stay-type properties. [/two_third_last] [one_third] Breakout B – Salon 2 Speakers: BREAKOUT SESSIONS (St. Clair Salons) [/one_third] [one_third] […]
Bob Sonnenblick as Moderator: The STATE of CALIFORNIA Real Estate Market Panel
Executive Speaker Lineup Released – InterFace California Commercial Real Estate Trends Conference Speaker Panels Released Hear from statewide experts about Investment, Capital Market, Industrial, Office, Multifamily and Retail Trends affecting California and Western Region The agenda includes 40 senior level panelist, 7 high level sessions, 5 hours of networking, 2 networking receptions and endless opportunities […]
Bob Sonnenblick to moderate the Finance panel at the Lodging Conference on October 21 in Arizona
Bob Sonnenblick, Chairman of Los Angeles-based Sonnenblick Development LLC, has been chosen to moderate the Finance panel at the upcoming Lodging Conference on October 21 at the Arizona Biltmore Hotel in Scottsdale, Arizona. 11:15 – 12:30 CONCURRENT THINK TANKS T-3: Essentials to Meeting Lender Requirements The discussion will focus on which lenders and mezzanine providers […]
Bob Sonnenblick to moderate the “Luxury Hotels & Resorts” panel at the Thinc Hotel Conference in Bali
Bob Sonnenblick to moderate the “Luxury Hotels & Resorts” panel at the Thinc Hotel Conference in Bali, Indonesia on Sept 5th at the Sofitel Bali Hotel. 4:10PM – 5:00 PM Luxe in Flux: The Next Big Trends in Luxury Hotels and ResortsWhat lies ahead for this segment and is it a profitable business […]
Robert Sonnenblick Talks “Luxe In Flux” At THINC Conference In Bali
In Focus: Washington, DC By Chelsey Leffet and Jerod S. ByrdAs economic recovery resumes and tourism strengthens, Washington, D.C. remains a top draw for leisure, convention, and government demand, with area hotels achieving some of the highest RevPAR levels in the nation. In one of the highlight sessions at the Tourism, Hotel Investment & […]
Hotel Developer Sees More Rooms in Beverly Hills
Justin Yang Los Angeles Business Journal March 3rd, 2014 The Beverly Hills hotel market, which boasts some of the highest room rates in the region but has not seen a new property built in nearly six years, is starting to heat up. In what one city official conceded was an unusual overture, Pacific Palisades developer […]
Bob Sonnenblick Video from Global Center for Hospitality Management June 4, 2014
[one_half]Boutique Hotel 2014 Investment Conference June 4, 2014 PANEL DISCUSSION:Boutique Hotel- Start to Finish Moderator: Bob Sonnenblick, Chairman, Sonnenblick Development Panelists: John Bralower, President,Carlton Hospitality Group Karrle Drlnkhahn, Princpial The Getty’s Group Mark Gordon, Managing Partner Tribeca Associates Daniel Lesser, President & CEO, LW Hospitality Advisors Jason Pomeranc, CEO, The Pomeranc Group [/one_half] [one_half_last] [box] [/box] […]
Bob Sonnenblick Discusses the Hot Hotel Sector with GRS Group
One commercial real estate sector that GRS Group hasn’t touched on recently in this space is hospitality. Bob Sonnenblick, chairman of Sonnenblick Development LLC, recently filled us in on the current hotel trends, and he had plenty of good news to share. Development is back, core markets are hot and fundamentals are in good […]
Long-struggling Daytona Hilton shows promising signs that could help area tourism
By Jeffrey Cassady jeffrey.cassady@news-jrnl.com Published: Saturday, May 10, 2014 at 10:49 p.m. Last Modified: Saturday, May 10, 2014 at 10:58 p.m. DAYTONA BEACH For all the optimism over new hotels, renovations and national convention business, Daytona Beach’s tourism tide still largely rises and falls with the fortunes of its largest hotel, the Hilton Daytona […]
The Best Way to Build?
Finding the best construction methodology is almost like deciding whether the beginning of the toilet paper should go above or below the roll. It’s all personal preference, so we asked what top market experts liked best at Bisnow’s Construction & Development Summit last week.. It varies by product and even within product type, we […]
Less Traffic On The 10?
Could it be? At Bisnow’s Construction & Development Summit last week, some bold predictions were made about a traffic-free 10. Read on (and stick around for the also exciting topics of land prices and permitting). Sonnenblick Development chairman Bob Sonnenblick says the day the Expo Line extension opens, the eastbound 10 Freeway, which becomes […]
Boutique Hotel 2014 Investment Conference June 4, 2014
New York Institute of Technology Global Center for Hospitality Management June 4, 2014 More information: [button link="https://www.sonndev.com/wp-content/uploads/2026/07/Announcement-Boutique-Hotel-Investment-Co.pdf%22] Announcement Boutique Hotel Investment Conf [/button] [button link="https://www.sonndev.com/wp-content/uploads/2026/07/Agenda-4-30.pdf%22] Full Agenda [/button] Wednesday, June 4, 2014 7:00 AM – 4:00 PM Conference Registration 7: 30 AM – 8: 30 AM Networking Breakfast 8:30 AM – 8:45 AM […]
Hotel Brands Share Real Estate, Sometimes Uneasily
APRIL 22, 2014 Square Feet By JULIE CRESWELL In hotels these days, it’s the haves versus the have-nots. At some dining rooms, guests have to produce their room keys to eat at the free breakfast buffet. No eggs and muffins for those staying in rooms with other keys, even if the guests slept under the […]
20-Year Development Drought is Over
April 17, 2014 November will be an especially busy month for Sonnenblick Development’s hospitality activities. Chairman Bob Sonnenblick (at the 7th Hole at Pebble Beach) tells us he’s just finishing design and has put financing down for a $75M Hyatt House on the campus of the USC Medical Center; groundbreaking is slated for Nov. 1. […]
iGlobal Forum: 5th Real Estate Mezzanine – Financing Summit 5/8/14 New York
OPPORTUNITIES IN HOSPITALITY AND CONSTRUCTION IN MEZZANINE FINANCING Evaluating increasing hospitality transactions and opportunities in the market The varying strategies involved in closing mezzanine deals in different markets and strategic blending of mezzanine financing in hospitality and construction deals Increasing interest rates and changing ownership rates in new hotel deals Undertaking new construction projects […]
Bob Sonnenblick: 2014 Construction & Development Summit – Los Angeles
Thursday, April 24, 2014 JW Marriott Los Angeles L.A. LIVE LA Construction & Development With major projects in the pipeline, cranes in the ground, and high tenant demand, the state of the construction & current development in Los Angeles is at a pivotal point. Join Bisnow this April as we hear the experts discuss […]
Boutique Hotel Investment Conference June 4 in New York City
Boutique Hotel Investment Conference June 4 in New York City BLLA JOIN US as as a select group of experienced panelists and keynote speakers present their findings to attendees. You will walk away with a new network of individuals as well as knowledge about how to clearly navigate the murky (and exciting) waters of […]
Developer hopes to add course at Chambers Bay
March 3, 2014 By Robert J. Vasilak At Chambers Bay, will two Robert Trent Jones, Jr.-designed courses be better than one? Bob Sonnenblick thinks so. The Los Angeles-based developer has proposed to build a clubhouse, a 220-room hotel, a conference center and a complementary 18-hole track at the municipal venue outside Tacoma, Washington. Unlike Chambers […]
Concept Plan Outlined for Village Place at Pinehurst
Posted: Tuesday, March 11, 2014 8:33 pm | Updated: 8:38 am, Wed Mar 12, 2014. David Sinclair/Managing Editor A potential $168 million development in the old service district on the outskirts of downtown Pinehurst has ties to some star power. Blaine East, of Landcore, said in a presentation to the Village Council Tuesday night that […]
Proposed resort could be a tourist boon for University Place
The News Tribune March 4, 2014 The online snipers are already weighing in on a $120 million proposal for a golf course and resort hotel/conference center at Chambers Bay. And they’re not happy. Not happy at all. Yes, folks, let’s look this gift horse squarely in the mouth. After all, it’s not as if […]
A second course for Chambers Bay?
Friday, February 28, 2014 By John Strege Chambers Bay in University Place, Wash., which will host the U.S. Open in 2015, is not for everyone, given its difficulty quotient and the fact it’s a a walking-only course. But is a more accommodating second course in its future? A Los Angeles development company, Sonnenblick Development, […]
L.A. developer eyes Chambers Bay hotel, new golf course
Feb 28, 2014, 6:33am PST Updated: Feb 28, 2014, 9:09am PST Ben Miller Contributing Editor- Puget Sound Business Journal Pierce County is working with a Los Angeles developer, Sonnenblick Development, to build a 220-room hotel and another 18-hole golf course at Chambers Bay in University Place. The News Tribune in Tacoma reports Pierce County […]
Los Angeles developer has big plans for Chambers Bay golf course
By Steve Maynard Tacoma News TribuneFebruary 27, 2014 Read more here: http://www.thenewstribune.com/2014/02/27/3070502/los-angeles-developer-has-big.html#storylink=cpy A California hotel developer is formulating plans to build a 220-room hotel and a second 18-hole golf course at Chambers Bay in University Place. Pierce County has entered into a preliminary agreement with Sonnenblick Development, giving the firm until mid-June to develop its […]
Auberge Proposes Hotel For Third Street Property
By Victoria Talbot The City of Beverly Hills held a public meeting Wednesday to share information on a proposed luxury hotel development on City owned property located between Foothill Road and Maple Drive on Third Street. Sonnenblick development would like to redevelop 1.4 acres to build a 124-room Auberge Resort Hotel. An existing building on […]
More Hotel Rooms on the Way
January 17, 2014 Major hotel brands are banging down the doors to get into the SoCal market, according to development experts at our recent SoCal Hospitality Summit. (Even hotel execs can barely wait for 3pm check-in.) According to CFO Julie Shiflett, Red Lion is looking to add 20 hotels over the next 12 months […]
Measuring the benefits of a green hotel
Measuring the benefits of a green hotel January 13 2014 A recent study found a hotel’s green certification does not translate into increased revenue. By Alicia Hoisington Copy Editor / Reporter ahoisington@hotelnewsnow.com REPORT FROM THE U.S.—The verdict is still unclear whether going green puts green back into hoteliers’ pockets, according to sources. A recent […]
SoCal Hotels Are Hot, Hot, Hot
January 9, 2014 The hotel room mini-bar may become an endangered species, but who cares? We need big bottles to celebrate the return of hotel development. Experts at Bisnow’s SoCal Hospitality Summit say we’ll see sticks coming out of the ground this year and into 2015. Before the program, we snapped Harley Ellis Devereaux’s Roy […]
New rooms pressure Daytona to attract more conventions, tourists
The beachside’s future looks brighter, but can Daytona Beach fill 1,300 new hotel rooms? By Jeffrey Cassady jeffrey.cassady@news-jrnl.com Published: Saturday, December 7, 2013 at 8:08 p.m. Last Modified: Sunday, December 8, 2013 at 10:07 p.m. DAYTONA BEACH — With new hotels poised to give the beachside what some observers call a long-overdue refresh, what could […]
Lending pace is strong, but not frothy November 26 2013
November 26 2013 Financing is plentiful for nearly all kinds of hotel deals, including acquisitions, refinancings and even new development, said speakers on a NAHIC panel. By Ed Watkins Editor-at-Large ewatkins@hotelnewsnow.com CHICAGO—While it’s a great time to be a borrower in the hotel industry, the market hasn’t become overheated … at least not yet, said […]
BIZ NOW SoCal Hospitality Summit
Thursday, December 19, 2013 The Montage Beverly Hills SPONSORED BY: Arent Fox | CBRE | Pircher, Nichols & Meeks Bob Sonnenblick Chairman Sonnenblick Development LLC Jay Newman Principal & COO The Athens Group Mark Wiesenthal Principal Platinum Equity SoCal Hospitality Summit Our 3rd Annual Southern California Hospitality event brings together top industry players to tackle […]
5 things to know: 26 November 2013
5 things to know: 26 November 2013 While it’s a great time to be a borrower in the hotel industry, the market hasn’t become overheated … at least not yet, said panelists last week during a general session at the North America Hotel Investment Conference. HNN’s Ed Watkins reported from the conference that financing is […]
Are you thinking about attending NATHIC?
Are you thinking about attending NATHIC? Come for the money. Take a finance deep-dive and learn from the top investment minds in the industry. CEO’s and Presidents from leading hotel companies will discuss relevant topics, from equity sources to alternative financing and renovation budget management. For a full educational program, view the conference agenda.
Real Estate Mezzanine Financing & Subordinated Debt | Nov 18, 2013 NY, NY
Conference Venue: Sheraton New York Times Square Hotel 811 7th Avenue 53rd Street New York, NY 10019 USA Phone: 800-325-3535 Fax: 212-262-4410 Website: http://www.sheratonnewyork.com IMN Real Estate Conferences is please to announce that Mr Robert Sonnenblick, Chairman of Sonnenblick Development LLC, has been added to the speaker list at its upcoming Real Estate […]
North America Hotel Investment Conference | Chicago | Nov. 20-22, 2013
IHIF Summit-Series Conferences is pleased to announce the addition of Mr Robert Sonnenblick, Chairman of Sonnenblick Development LLC, to its speaker list at the upcoming North America Hotel Investment Conference in Chicago on Nov. 22. 2013. Mr Sonnenblick will be joining the Hotel Finance panel. NATHIC History A Look Back Launched in 2010 as […]
Justifying add-on fees to guests
Justifying add-on fees to guests 20 Aug 2013 Hoteliers who add extra fees and surcharges to guests’ bills need to communicate the rationale for the practice and provide value for the extra charges, sources said. By Ed Watkins Editor-at-Large ewatkins@hotelnewsnow.com REPORT FROM THE U.S.—Hoteliers who add fees and surcharges to guests’ bills need to […]
IMN – 2nd Annual Real Estate CFO Forum (East)
Press Release: (New York, NY). August, 2013. Los Angeles-based real estate financier and developer Robert Sonnenblick, chairman of Sonnenblick Development LLC, has been chosen by IMN Conferences Inc. to speak at their upcoming Real Estate CFO Forum in NYC on September 30th. The conference will be held at the Downtown Marriott Hotel on West Street. […]
The Borrowers’ Forum on Non-Bank Real Estate Finance & Subordinate Debt – September 9-10, 2013 – Santa Monica, CA
PRESS RELEASE: Santa Monica, Calif. Bob Sonnenblick, Chairman of Los Angeles-based Sonnenblick Development LLC has been chosen by IMN Conferences Inc to moderate the “Debt-to-Equity” panel at their upcoming Real Estate Finance Conference to be held September 9th at the Fairmont Hotel in Santa Monica. The panel begins at 12 noon. See: http://www.imn.org/real-estate/ […]
Thursday, September 19, 2013 – Hotel Development & Finance
This Dog Loves Government Tenants
Most people know that Sonnenblick Development is focusing on hotel development. But before that, chairman Bob Sonnenblick (with Peaches, the company’s director of strategic planning and adorable snouts) specialized in development of government-tenanted build-to-suit office buildings like Norwalk Government Center. The ownership entity, Sonnenblick-Del Rio Norwalk LLC, just signed a 60k SF full-floor lease with […]
Bob Sonnenblick to moderate Hotel Feasibility Panel at BLLA Conference on Oct 23rd
9:30 am — 10:30 am BLOSSOM BALLROOM PROVING PROJECT FEASIBILITY This session discusses how to analyze the market and determine the direct competition and provides the details of what goes into a Market & Economic Feasibility Study. A Panel of Experts with experience in commissioning market and feasibility studies as well as those who […]
Developers vying for shot at old City Hall land
Developers vying for shot at old City Hall land Newport City Council expected to vote on one of three proposals — two hotel projects and a mixed-use residential development. By Jill Cowan http://www.dailypilot.com/news/tn-dpt-me-0706-city-hall-reuse-20130703,0,7623946.story July 5, 2013 | 8:08 p.m. The morning was chilly, the marine layer still firmly blanketing the Balboa Peninsula. “This is Ground […]
The Sustainable Hotel Debate
June 19, 2013 To green or not to green? That was the question and a heated topic at the recent Bisnow Lodging Investment Summit. So we polled our readers to see what you really think about sustainability and if it matters in the hotel industry. NO: Guests want creature comforts. The majority says that guests […]
Taxpayers could get more for less money with new beachfront projects
By Jeffrey Cassady BUSINESS WRITER Published: Sunday, June 9, 2013 at 5:30 a.m. Last Modified: Sunday, June 9, 2013 at 3:21 p.m. DAYTONA BEACH — Bringing big hotel and retail developments to the beachfront used to take a big taxpayer investment. And that money was supposed to accomplish big goals: revive the beachside, […]
Non-Core Real Estate Opportunities Summit | June 12th, 2013 – New York
Press release: New York Thursday May 30, 2013 iGlobal Forum Conferences has added Los Angeles-based real estate developer Robert Sonnenblick to its upcoming Real Estate Opportunities Summit on June 12th in New York City. The conference will be held at the Helmsley Park Lane Hotel. Mr.Sonnenblick will be the panel moderator for the Distressed Opportunities […]
New directions in dual-branded hotels
31 May 2013 New directions in dual-branded hotels 31 May 2013 7:16 AM By Ed Watkins Editor-at-Large ewatkins@hotelnewsnow.com Story Highlights Owners of the MainStay Suites in Port St. Lucie, Florida, wanted another brand to appeal to transient guests. The Generation Companies operates 27 hotels and all but one is pure extended stay. The Sacramento […]
Panel: Capital sources abundant
28 May 2013 By Patrick Mayock Editor-In-Chief patrlck@hotelnewsnow.com Story Highlights There’s an abundance of capital sources in the hotel industry, said Andrew Coleman of Walker & Dunlop. The easiest deals to get done are for stabilized assets, Coleman said. A select-service hotel is twice as easy to finance as a full-service property, […]
New Center, Old City Hall, What Now? Part. 2
Editor’s Note: Part one of this story ran on May 3. This is part two of two. The city is currently considering three options for re-use of the old city hall site – two hotels and one mixed use. City Council heard the proposals April 23 during a very well attended afternoon study session about […]
New Center, Old City Hall, What Now?
By Sara Hall on May 03rd, 2013 Editor’s Note: This story is part one of two With the grand opening of the new civic center and park on Saturday, residents are wondering what will become of the old city hall site. City Council heard three proposals last week during the afternoon study session on […]
Calling BS on Sonnenblick’s stance on ‘green’
“To me, green in the hotel industry is bulls—.” Bob Sonnenblick has always been a guy who speaks his mind, and—if the above quote is any indication—he didn’t disappoint Thursday morning when asked whether “green” was a driving force behind hotel development during a panel at the Bisnow Lodging Investment Summit. The principal of Sonnenblick […]
It’s a pretty good time to be a developer
WASHINGTON, D.C.—Though the “Hotel Development Roundtable” panel during last week’s Bisnow Lodging Investment Summit lasted 45 minutes, Bob Sonnenblick was able to sum up the development landscape in less than 4.5 seconds. “It’s a pretty good time to be a developer,” said the president of Sonnenblick Development. Costs are down, new supply is almost nonexistent […]
Hotel Gurus!
Hotel Gurus! Last week’s Bisnow Lodging Investment Summit (we call it BLIS for short) in DC wasn’t just about the expert panelists, but also the 600 hospitality pros who attended to discover the latest trends and make deals. (There was so much handshaking that next year, we’ll be passing out Bengay.) Here’s who we […]
Hotel-condo projects offer reward and risk
By Jeffrey Cassady BUSINESS WRITER Published: Thursday, April 11, 2013 at 4:21 p.m. Last Modified: Thursday, April 11, 2013 at 9:14 p.m. DAYTONA BEACH —New York City. Miami. San Francisco . . . Daytona Beach? For more than a decade, all-in-one complexes that contain a traditional luxury hotel and individually owned condominiums have been popping […]
Hotel Development Picking Up
Diane Loupe Mar. 27, 2013 ATLANTA–Hotel construction is on the upswing, with rising demand and low supply, but developers are worried about construction costs and labor scarcities, according to panelists at a conference on hotel development at last week’s Hunter Hotel Investment Conference in Atlanta. “It’s a better time to be a hotel developer today […]
iGlobal 4th Real Estate Mezzanine Financing Summit
Press Release Mr. Robert Sonnenblick has been chosen by iGlobal Conference Corp. to moderate the real estate panel on “The Status of the Hospitality Sector” at their upcoming Fourth Annual iGlobal Real Estate Mezzanine Financing Summit in NYC. The conference will be held on May 8th at The Pierre Hotel. OPPORTUNITIES IN THE HOSPITALITY […]
Hunter Hotel Conferences has added Bob Sonnenblick, Chairman of Los Angeles-based Sonnenblick Development LLC
PRESS RELEASE:March 11, 2013 Hunter Hotel Conferences has added Bob Sonnenblick, Chairman of Los Angeles-based Sonnenblick Development LLC, to its speaker list for their 3:30pm panel on March 21, 2013. The panel is titled: “Hotel Development Today” and will headline Day 2 of the 25th Annual 3-day Hotel Conference (March 20-22) at the Atlanta […]
BLIS 2013 Investment Summit – register now!
Reality TV A Hit In LA Office
LOS ANGELES—There are lights, cameras, and plenty of real estate action happening in Los Angeles, particularly in the entertainment sector. Sonnenblick Development’s Bob Sonnenblick (snapped at Hyatt Corp’s annual luau at the Americas Lodging Investment Summit in LA last week), tells us movie and commercial production have been growing for six months. That means major […]
Former City Hall site use is topic for meeting
By Jill Cowan January 4, 2013 | 8:15 p.m As the Newport Beach City Council gears up for 2013, it will tackle uses for the old City Hall site, an Airport Land Use Commission finding that could affect a development project and analysis of a Corona Del Mar lane merger relocation at its first meeting […]
BizNow Lodging and Investment Summit 2013
“After I spoke on a Bisnow hotel panel three weeks ago, I stuck around and chatted with numerous attendees who came up to our speaker’s dais afterwards. Do you know that I have now picked up THREE major hotel development deals/projects from that event from people who approached the panel afterwards?” — Bob Sonnenblick […]
Hotel Investors Check-in
The room may have been full of bedheads, but there were no sleepyheads at our Hotel Investment Summit. More than 300 of you attended the event last week at the SLS Hotel Beverly Hills. OK, it’s actually in LA, but we won’t split hairs when our keynote speaker was the hotel’s owner: Sam Nazarian, […]
30-Acre RFP Down to the Wire
Sonnenblick Development’s Bob Sonnenblick is keeping his fingers crossed—and not just for while zip-lining through the rainforest in Costa Rica. Bob tells us he’s waiting to see who is picked to redevelop the Ports O’Call Village in San Pedro. (The final decision is due in one week.) The City of LA’s RFP will see […]
At the Wheel: Developer Bob Sonnenblick at Ports O’Call Village in San Pedro
At the Wheel: Developer Bob Sonnenblick at Ports O’Call Village in San Pedro. New Course Developers vie to tum Ports 0′ Call into seaside star [CLICK TO READ] By JAMES RUFUS KOREN Staff Reporter To the thousands who flock to Ports O’Call Village in San Pedro every weekend, the waterfront stretch of shops and restaurants […]
The Southern California Hotel Investment Summit
The Southern California Hotel Investment Summit Thursday, December 13, 2012 SLS Hotel – Beverly Hills CLICK HERE FOR MORE INFORMATION! AGENDA 7:30-8:30 AM: Coffee & Networking 8:30-9:15 AM: Special Keynote: Sam Nazarian 9:15-10 AM: Panel: How Deals are Getting Done 10-10:45 AM: Panel: Development and 2013 Outlook 10:45-11:30 AM: Post-Game Networking Keynote by entrepreneur, […]
Biznow Honcho Hoedown
HONCHO HOEDOWN Sonnenblick Development prez Bob Sonnenblick and STR Global’s Jan Freitag insisted our reporter Amanda Metcalf to get in a pic. Check out the blue and orange color coordination this trio’s got going. Bob tells us there’s never been a better time to buy land for resorts, adding that feasibility experts say new […]
LA Construction & Development Part 2
Los Angeles Construction & Development Summit source: http://www.bisnow.com Julie@bisnow.com Developers have a lot on their minds these days, and we’re not talking about who’s going to win this season of So You Think You Can Dance. Our second panel at Bisnow’s LA Construction & Development Summit this week gave us an earful. In the last […]
Los Angeles Construction & Development Summit
Bob Sonnenblick Principal Sonnenblick, LLC Robert completed over $1.5B of commercial real estate transactions on the west coast. Among the most notable include: Beaudry Center, LA ($197M), The Ritz-Carlton Hotel, Pasadena ($97M), One Waterfront Plaza, Honolulu, HI ($100M) and the LA World Trade Center ($55M). He was also an original development partner of the $90M […]
The Next Sand Castle?
Sonnenblick Development and Ritz-Carlton are actively looking at a specific block in Santa Monica to do a $150M high-rise hotel project, Bisnow learned yesterday. (It’ll be remembered fondly as the place Sonnenblick and Ritz made beautiful music together.) Principal Bob Sonnenblick and his wife Pamela celebrated their 23rd anniversary this past weekend at the Hotel […]
Developer sees dollar signs in plan to build two airport hotels
Sacramento Business Journal | April 13, 2012 | sacramentobusinessjournal.com MELANIE TURNER | STAFF WRITER Company to study market demand, negotiate terms with airport officials Despite lagging demand and an oversupply of rooms in the region, the developer proposing two hotels at Sacramento International Airport is eager to start work. The Sacramento County Board of Supervisors […]
Two New Hotels Costing $100 Million Planned for Sacramento Airport
http://www.bloomberg.com/news/2012-04-11/two-new-hotels-costing-100-million-planned-for-airport.html Sonnenblick Development LLC, which helped develop Loews Santa Monica Beach Hotel, will spend $100 million on two hotels at California’s Sacramento International Airport, the site’s first new lodging properties in 30 years. The Los Angeles-based company won the contract to build the hotels, to be attached to the airport’s new Terminal B, according to […]
Sonnenblick’s Hotels project at Sacramento airport approved for takeoff
Sacramento Business Journal by Melanie Turner, Staff Writer Date: Thursday, April 12, 2012, 6:51am PDT The Sacramento County Board of Supervisors voted 5-0 Wednesday to move ahead on a proposal for the private development of two hotels on airport property. Sonnenblick Industries LLC has proposed financing the development of two hotels at Sacramento International Airport […]
Sonnenblick puts Sacramento airport hotels back on table
Sacramento Business Journal Date: Wednesday, April 11, 2012, 7:45am PDT Sonnenblick Industries Inc. has proposed financing the development of two hotels at Sacramento International Airport, three years after plans for an airport hotel were scrapped because of the flailing economy. The Sacramento County Board of Supervisors is set Wednesday to consider negotiating an agreement with […]
Robert Sonnenblick has been chosen by Opal Financial Group to lead its Hotel Industry Panel at the upcoming “Real Estate Investors Summit”.
PRESS RELEASE: For public distribution 4‐5‐2012 Los Angeles‐based real estate developer Robert Sonnenblick of Sonnenblick Development LLC has been chosen by Opal Financial Group to lead its Hotel Industry Panel at the upcoming “Real Estate Investors Summit”. The deal‐making conference will be located at The Perry Hotel on South Beach (Miami), Florida on April 27th […]
4 TRENDS SHAPING NYC HOSPITALITY
4 TRENDS SHAPING NYC HOSPITALITY http://www.bisnow.com/new-york-real-estate/2012/03/27/4-trends-shaping-nyc-hospitality Our 275 attendees walked into Bisnow’s NY Hotel Investment Summit last Thursday at the Marriott Marquis to Creedence Clearwater Revival’s “Have You Ever Seen the Rain?” But they won’t find dark clouds in the sector. “We’ve bottomed out and the next six to nine months will definitely be […]
Sonnenblick on land acquisition spree
LOS ANGELES—Sonnenblick Development LLC has invested US$100 million during the past two years to acquire seven tracts of land on which to build luxury resorts in the United States. The US$100 million represents all the capital raised by Sonnenblick as part of an equity fund put together “when everyone else was running away from the […]
Livermore to Begin Talks For a Hotel in the Downtown
VOLUME XLIX, NUMBER 9 Your Local News Source Since 1963 SERVING DUBLIN • LIVERMORE • PLEASANTON • SUNOL THURSDAY, MARCH 1, 2012 The Livermore City Council approved a negotiating rights agreement with Sonnenblick Development LLC on a proposal to build a luxury hotel in downtown Livermore. The council vote was unanimous, with some concerns about […]
Developer eyes new site for Moore County outlet shopping center
By Todd Leskanic Staff writer Article from Fayobserver.com SOUTHERN PINES – A California developer has picked a different site, near U.S. 1 and Midland Road, for a proposed retail outlet center with hotels and a golf course. Bob Sonnenblick of Sonnenblick Development said he is no longer interested in a 114-acre property on Morganton Road […]
Feeding frenzy coming as banks dump distressed hotel loans
Europe’s banks are going to be forced into selling more distressed property loans in the coming year as borrowers default, a major Bloomberg real estate summit in New York was told this week. “There’s going to be a feeding frenzy soon” for European loans, said Robert Blumenthal, a managing director at Deutsche Bank Securities Inc. […]
Huge increase in hotel foreclosures expected in 2012
Developer are increasingly talking about how the U.S. hotel world will see a “huge increase’” in foreclosures in 2012 as debts come due and financing remains hard to come by, Bloomberg reports. A foreclosed hotel is one in which the owner is unable to make mortgage payments. The lack of money means greater odds that […]
Debt maturities loom over hotels in 2012
05 January 2012 By Shawn A. Turner Finance Editor Shawn@HotelNewsNow.com REPORT FROM THE U.S.—There’s a big bill coming due for the hotel sector in 2012. Billions of dollars of debt (comprised of commercial, mortgage-backed securities, credit facilities, bank and finance company loans and others) matures this year, much of it written during frothier days when […]