Printer Friendly
The Free Library
14,695,408 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Sonnenblick's benchmark sale continues winning streak.


Sonnenblick Goldman announced it has been nominated for Real Estate Finance & Investment's EPIC Award in the "Broker of the Year" category for its arrangement of the Essex House Essex House can refer to:
  • Essex House (publisher) - publisher of erotic writing [1]
Buildings
  • Essex House (London) - a historic house in London
  • Jumeirah Essex House - a luxury hotel in New York City
References

1.
 Hotel sale in September 2005.

Arranged by Mark Gordon and David Schaiman of Sonnenblick Goldman, the $440 million sale of the Essex House, located on Central Park South in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, was the largest single asset hotel sale in the U.S. in 2005.

The Sonnenblick Goldman team represented Strategic Hotel Capital LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 in the sale of the 1930's-era, 605-room property to Dubai Investment Group The Dubai Investment Group (DIG) is a subsidiary and member company of Dubai Holding.

The company was originally called The Investment Office but was re-named in May 2005 to better reflect its ties to Dubai.
. Along with Sonnenblick Goldman, Goldman Sachs was the co-advisor on the transaction.

"We are proud of Real Estate Finance & Investment's recognition of the landmark Essex House Hotel transaction," said Gordon, managing director and principal and head of the firm's International Lodging and Leisure Group. "We were confident that the combination of the world-renowned reputation of the Essex House combined with New York's position as the preeminent destination for corporate and leisure travel would result in a successful international marketing effort.

"We were pleased that our team was able to capitalize on its international reach and conclude a transaction with Dubai Investment Group."

The firm's nomination as "Broker of the Year" marks Real Estate Finance & Investment's inaugural EPIC Awards, which recognizes the firms, deals and professionals that made an impact on commercial real estate during the past year.

The EPIC Award nomination is the second nomination for the Essex House sale. In January 2006, the Essex House was also awarded the prestigious Transaction of the Year Award at the ALIS ALIS Alberta Learning Information Service
ALIS Alternate Lighting of Surface Method (Fujitsu and Hitachi plasma displays)
ALIS Access Lines in Service (telecommunications) 
 Conference, the lodging industry's most sought-after award recognizing recipients for their outstanding lodging transactions. The Epic Award winners will be announced on June 13, at Jumeirah Essex House Coordinates:

The Jumeirah Essex House is a luxury hotel located on Central Park South in Manhattan.
.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:FINANCE
Publication:Real Estate Weekly
Geographic Code:1USA
Date:May 24, 2006
Words:290
Previous Article:iCap's Chinatown deal.(FINANCE)(Brief article)
Next Article:NorthStar offering.(FINANCE)
Topics:



Related Articles
$67.5M in notes arranged for portfolio of 9 hotels. (Sonnenblick-Goldman Corp. arranges financing for Embassy Suite Hotels located in various U.S....
HVS announces hospitality division.(Brief Article)
Sonnenblick's new MD to expand fund-raising.
Sonnenblick sets records.(services of Sonnenblick-Goldman )
Sonnenblick-Goldman wins ALIS Deal of the Year.(FINANCE)(Americas Lodging Investment Summit)(Brief Article)
Sonnenblick Goldman celebrates EPIC achievement.(FINANCE)
$91m mortgage for beach and golf resort.(FINANCE)
$350m loan for 590 Madison.(NEW JERSEY)
Sonnenblick opens Boston office.(Banking & Finance)
Sonnenblick Goldman announces $200m in deals.(Banking & Finance)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles