Sonnenblick-Eichner Company Arranges $20 Million Financing For the Monarch Beach Golf Links, Dana Point, California

Press Release: Sonnenblick-Eichner Company
May 2, 2001
LOS ANGELES, CA -- Sonnenblick-Eichner Company is pleased to announce that it has arranged $20,000,000 in first mortgage financing for The Monarch Beach Golf Links, an 18-hole championship Robert Trent Jones, Jr. golf course, located on the Pacific ocean in Dana Point, California. Sonnenblick-Eichner arranged construction financing for the $250,000,000 hotel earlier this year.

The Monarch Beach Golf Links is located within the new 400-room, St. Regis Monarch Beach Hotel and Resort. The course is improved with a Golf Clubhouse, pro-shop, indoor dining facilities, and an outdoor patio deck, offering views of the golf course, mountains, and the Pacific Ocean. The Monarch Beach Golf Links are being upgraded and redesigned by world renowned golf course architect Ted Robinson, and managed by Troon Golf.

Elliot Eichner, Principal of Sonnenblick-Eichner Company commented, ``The Monarch Beach Golf Links has an A+ location and will benefit directly from the new St. Regis Monarch Beach Hotel & Resort, as well as the luxury residential component of the development. No other resort in Southern California offers a championship golf course with holes located on the beach.''

Sonnenblick-Eichner Company is a Los Angeles based real estate investment banking firm that specializes in the financing and sale of institutional quality real estate.

SOURCE: Sonnenblick-Eichner Company