As part of the famed 18-acre Fontainebleau Resort, Fontainebleau Sorrento is an exclusive beachfront tower entirely comprised of condominium-hotel units providing purchasers the ability to live within the resort in the comfort of their own condominium-hotel unit while enjoying all the benefits and privileges of the property.
Purchasers further have the ability to offset ownership expenses through the resort’s rental channels whereby owners participate with the hotel in the earnings derived from the rental of their units.
BH3 acquired, marketed and sold 25 units within the Sorrento Tower within one year, from early 2010 until early 2011. BH3 does not currently own any Fontainebleau property, nor is it licensed to market or sell any such property.
Strategy: Commercial Real Estate Debt