Sonnenblick Goldman Arranges Sale of Aruba Marriott Resort

Sonnenblick Goldman, serving as the exclusive advisor to Plant Hotel N.V., has arranged the sale of the ownership entity holding the leasehold interest in the 413-room Aruba Marriott Resort & Stellaris Casino for $237 million to the Caribbean Real Estate Opportunity Fund.

NIBC Bank NV (of the Netherlands) acted as financial advisor to the majority shareholder of Plant Hotel NV. Marriott will continue to manage the resort for the new owners under a long-term management agreement.

The resort features the largest guestrooms on the island including 20 suites. The AAA Four Star Aruba Marriott is one of Aruba’s premier destination resorts and includes a 17,000-square-foot casino and 11,000 square feet of well-appointed meeting and banquet space.

The property features an ideal Palm Beach location, Caribbean-style accommodations, an extensive array of food and beverage outlets and a wide variety of resort activities and amenities.

Sonnenblick Goldman is the industry’s leading independent real estate investment banking firm. Founded in 1893 in San Francisco, California, to serve the financing needs of the real estate industry, Sonnenblick Goldman provides a full range of financial services, including debt and equity placements, joint ventures, investment sales and advisory services.