Sonnenblick Goldman celebrates EPIC achievement.Sonnenblick Goldman has been awarded Real Estate Finance & Investment's inaugural EPIC Award in the "Broker of the Year" category for its arrangement of the Essex House Hotel sale in September 2005. "We are proud of Real Estate Finance & Investment's recognition of our landmark Essex House Hotel transaction," said David Schaiman, managing director of Sonnenblick Goldman, who arranged the transaction with Mark Gordon, managing director, principal and head of the firm's International Lodging & Leisure Group. "New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. continues to be the leading global financial and leisure destination in the world," said Gordon. "This is evidenced by the significant amount of international capital that continues to pursue 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 hotel acquisitions. In 2005, we concluded the Essex transaction with the 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. , and we are currently concluding the sale of two hotels in New York to a European investment fund The European Investment Fund, established in 1994, is a European Union agency for the provision of finance to SMEs (small and medium-sized enterprises) headquartered in Brussels. It does not lend money to SMEs directly; rather it provides finance through private banks. ." The $440 million sale of the Essex House 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. Along with Sonnenblick Goldman, Goldman Sachs was the co-advisor on the transaction. 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. |
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