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. Also getting started that month: a $40M Hyatt Place in the new terminal building at Sacramento International Airport. He’s got other hotels in the works in Palm Springs and in Pinehurst, NC, where a $150M, 330-room Westin Hotel will boast two golf courses.
With 200 rooms and suites, and surrounded by four hospitals, the USC Hyatt House just east of Downtown will cater to patients and their family members. (As long as your continental breakfast is better than the hospital food, you’re on the right track.) In addition, Bob’s searching up and down the SoCal coast for waterfront hotel sites; but there isn’t much oceanfront left. He’s not deterred, though. He’s involved on projects on the waterfronts in Seattle and Palm Beach, Fla., and makes time to go up to Pebble Beach once a month to golf and get inspiration on the 17-Mile Drive. We hope you’ll join us for our LA Construction & Development Summit, April 24 at the JW Marriott at LA Live.
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 what it takes to get a new project off the ground, how developers are redeveloping existing assets, what innovative methods are being leveraged to keep projects moving, how the needs of tenants are affecting construction trends, what it takes to get a project financed, and much more.
Thursday, April 24, 2014
JW Marriott Los Angeles L.A. LIVE
(Platinum Ballroom)
900 West Olympic Boulevard
Los Angeles, CA 90015
AGENDA
| 7:30-8:30 AM |
Continental Breakfast & Networking |
| 8:30-10 AM |
All-Star Panelists |
| 10-10:30 AM |
Post-Panel Networking |
email frank.sanchez@bisnow.com
EARLY BIRD PRICE $59
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 investing in boutique & lifestyle luxury properties.SPONSOR this conference to get your name in front of a database of over 100K!This conference Powered by BLLA, in cooperation with JF Capital Advisors.Click here to RSVP!What:
BLLA 2nd Annual Boutique Hotel Investment ConferenceWhen:
Conference runs 8am – 7:30 pm June 4th
Where:
New York Institute of Technology
1871 Broadway
Between West 61st & 62nd Streets
New York, New York
Fees:
View Fees |
Featured Speakers:
- John Bralower: Carlton Hospitality Group President
- Karrie Drinkhahn: The Getty’s Group Principal
- Mark Gordon: Tribeca Associates Managing Partner
- Daniel Lessor: LW Hospitality Advisors LLC President & CEO
- Jason Pomeranc: The Pomeranc Group CEO
- Bob Sonnenblick: Sonnenblick Development Chairman
- Michael Achenbaum: Gansevoort Hotel Group Founder & President
- Jonathan Falik: JF Capital Advisors CEO
- Ed Scheetz: King & Grove CEO
- Brad Wilson: Ace Hotel Group President
- Richard Bosworth: Canyon Capital Managing Director
- Morgan Plant: KSL Resorts V P Food & Beverage
- Richard Sandoval: Richard Sandoval Restaurants Chef/Owner
- Todd English: Todd English Restaurateur
- Michael Tall: Charlestowne Hotels President/COO
- Craig Greenberg: 21C Museum Hotels CEO
- Robert Mandelbaum: PKF Hospitality Research Director of Research Information Services
- Horst Schulze: Capella Hotel Group Chairman & CEO
- Jan D. Freitag: STR Senior Vice President
Click here to RSVP! |
Event Summary
Boutique and lifestyle hotels are niche businesses that particularly cater to special types of customers. The boutique hotel segment of the hospitality industry is growing as global travelers spend more of their travel dollars on experiential travel.
Investing in boutique hotels is a great way for savvy executives to profit in the crowded hospitality marketplace. Opportunities for investment vary from starting your own boutique to renovating a struggling hotel to joining a partnership of investors. How one invests largely depends on opportunity and available capital.
This special sector of hospitality requires the developer to be prepared with facts, figures and an outstanding presentation for potential investors, lenders or equity partners.
This conference Powered by BLLA, in cooperation with JF Capital Advisors.
Click here to RSVP!
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 Bay’s existing course, Jones’ second track will welcome carts.
Sonnenblick has until mid June to line up financing, an issue that he doesn’t believe will be a problem. “There’s a lot of money around today for well-conceived, well-located, first-class projects,” he told the Tacoma News Tribune.
If Sonnenblick gets all his ducks in line, construction could begin next summer, after the U.S. Open is contested at the facility.
David Spoont
Michael Girimonti
Bob Sonnenblick