Bob Sonnenblick to Speak at Hotels Opportunities Conference March 31, 2021

Bob Sonnenblick at Hotels Conf

PRESS RELEASE: Monday March 29, 2021

UPDATED  –  SEE HIGHLIGHT VIDEO BELOW!

Hotels Magazine has announced that L.A.-based real estate developer Bob Sonnenblick has been added as a speaker on their keynote panel at the upcoming Hotel Opportunities Conference this Wednesday, March 31, 2021 at the Mandarin Oriental Hotel in Miami, Florida.

The panel topic is: Financing New Hotel Opportunities- Debt & Equity. It is the first major “live & in-person” hotel industry conference in over one year. For more info, go to www.HotelsMagazine.com

Financing New Opportunites
Hotel Conf March 2021

PRESS RELEASE: Los Angeles, Calif. Wednesday February 13, 2021

Los Angeles-based real estate developer Sonnenblick Development LLC has acquired The Monterey Park Government Center, an 86,000 square foot, 2-story office building, located just east of Downtown Los Angeles, on the I-60 Freeway in a $37.5 Million deal.

     80% of the previously-vacant building was then simultaneously pre-leased to The Social Services Department of the County of Los Angeles for occupancy by three of its divisions: GAIN, IHSS (In Home Supportive Services), & MIE (Mgmt, Info & Evaluation). Renovation of the building will take approximately 9 months, and the space will be ready for occupancy by the 2nd quarter of 2022. The general contractor will be KPRS Construction, and the building architect is Langdon Wilson & Associates. The property sits on 4 acres and is located at 588 Atlas Avenue in Monterey Park.

      Sonnenblick Development is one of Los Angeles’ largest developers of government-tenanted office buildings, with almost one million square feet of government space, housing tenants such as The Department of Homeland Security, The Los Angeles County Sheriff’s Department, The FBI, The Dept. of Public Health, and The Social Security Administration, etc.

For more information, please go to: www.SonnDev.com

Monterey Park Government Center

Bob Sonnenblick to moderate IMN Keynote panel: 2nd Annual Distressed Hotels Virtual Forum February 18, 2021

PRESS RELEASE: Monday February 15, 2021 Ny City, NY

IMN Conferences, Inc has announced that Los Angeles-based real estate developer, Robert Sonnenblick, Chairman of Sonnenblick Resorts LLC, has been chosen to moderate their keynote panel at the upcoming 2nd annual Distressed Hotels Virtual Forum & Webinar on February 18th.

Mr. Sonnenblick’s panel is entitled “Domestic & Global Opportunities in Distressed Hotel Investments”, and it will feature fund-investors and money sources from around the world who finance and acquire distressed hotel deals. The panel will discuss the current and future state of the lodging industry, and the money that funds new hotel transactions.

For more info, please see: www.lMN.org

Domestic and Global Opportunities in Distressed Hotel Investment

  • Globally, which markets are proving most resilient throughout the pandemic?
  • Where are luxury hotel investments on the rise? Which investor groups are driving activity?
  • How are institutional investors viewing offshore vs. domestic distressed hotel investment opportunities?
  • How are global tourism rates trending, and how will this impact investment and development pipelines?
  • How do you finance acquistions?
  • Partnering with foreclosure banks and funds
  • How long is the domestic hotel industry down turn?
  • What hotel segments recover first? (Urban, Itd services, resorts)?
  • Which markets are leading in new construction activity?
  • What are the unique complexities and risks of cross-border distressed hotel transactions?

For more info, please see: www.IMN.org

Bob Sonnenblick – Chairman of Sonnenblick Development chosen by IMN Conferences Inc. to moderate the “Mezzanine Loan & Gap Financing for Real Estate Deals”

PRESS RELEASE: N.Y. Monday Nov 16th, 2020

Los Angeles-based real estate developer and investor, Bob Sonnenblick, the Chairman of Sonnenblick Development LLC., has been chosen by IMN Conferences Inc. to moderate the “Mezzanine Loan & Gap Financing for Real Estate Deals” panel at the upcoming IMN Real Estate Mezz & Distressed Debt Conference on Wednesday November 18th.

Mr. Sonnenblick’s panel will feature interviews and questions with five major national real estate lenders, who are still active today funding projects amidst the “mid-Covid” financial turmoil in the real estate markets.

The webinar/”virtual conference” may be heard live at www.imn.org. or for more info, please call (212)-901-0506

 

Mezzanine Loan Origination Trends in an Uncertain Market Environment & Outlook for Gap Financing

  • Which markets and sectors are most attractive/in need of mezzanine financing at the moment?
  • How have terms and negotiations changed in the past 6 months?
  • Is the market still saturated with too many debt funds originating mezzanine loans?  How has the global health crisis impacted competition?
  • Are we seeing banks starting to move back into the space?
  • What are the outlooks for foreign investment and joint venture financing?
  • What financing is available and favorable for distressed deals across different asset classes?
  • How do terms compare to ground-up development deals?

Bob Sonnenblick Panelist at iGlobal Virtual Forum May 19th

ABOUT THE VIRTUAL EVENT

iGlobal Forum : The Future of CRE Lending Amidst COVID-19 virtual event,   May 19th 2020, at 11am (EST). 

KEY TOPICS

  • How does the number of lenders in the market differ today from when you did your loan then? Are interest rates higher now as a result of the Pandemic/virus?

  • Has underwriting (by lenders) changed over the last 2-3 months?

  • Are lenders being more conservative now because of uncertainty in the market-place?

  • How will lenders size loans and predict cashflow over the next several years given the unknown trajectory of COVID-19

  • Which property types are likely to hold in best and which are likely to experience limited capital availability

 

 

Bob Sonnenblick Panelist at iGlobal Virtual Forum May 7th

This event is past – it was a very informative session – see highlights video:

ABOUT THE VIRTUAL EVENT

iGlobal Forum :The Future of Hospitality & Lodging Amidst Amidst Covid-19,  May 7th 2020

Due to the circumstances that have stopped us from meeting face to face, iGlobal Live brings you an exclusive virtual event to discuss the various trends driving the hospitality and lodging industry.Bringing together the most active participants in the hospitality and lodging space, including institutional and private investors, REITs, investment companies, owners and operators, developers, lenders, brokers, franchisors and franchisees.

Key topics include:

  • Pandemic – the Early Days or “Triage Strategies”
  • Re-Opening and/or Re-launching hotels.
  • Negotiating with Lenders or “Buying Time”.
  • What if I want to sell: What’s the market?
  • How are they pricing and what issues should I expect to have to deal with that are unique to this environment?
  • What does this mean for development?
  • Pandemic – The Recovery Days.