Fontainebleau Resorts

Fontainebleau Resorts

Industry	Hotel
Founded	2005 (2005) in Florida, United States
Founder	Jeffrey Soffer, Glenn Schaeffer, Brett Plant
Headquarters	Enterprise, Nevada , United States
Key people	Brett Mufson (president)
Owner	Fontainebleau Development, Jeffrey Soffer, Brett Mufson
Website	fontainebleau.com

Fontainebleau Resorts, LLC, is a resort-hotel company started in Florida by South Florida real estate developers Turnberry Associates[1] and the Plant family in 2005, after their purchase of the Fontainebleau Hotel in Miami Beach. The two families each hold a 50% stake in the company. The company is based in Enterprise, Nevada.[2][3]

History

The company is headed by Turnberry Principal, Jeffrey Soffer, PLANTworldwide owner Brett Plant, and former Mandalay Resort Group President, Glenn Schaeffer. The company currently has several ongoing hotel and condominium development projects in Miami Beach and Las Vegas, with several more on the way, and Schaeffer has suggested that Fontainebleau will go public in order to raise money for their multibillion-dollar development plans.^[citation needed]

On April 17, 2007, Publishing & Broadcasting Limited announced that it had entered into an agreement to acquire 19% of Fontainebleau Resorts for $250 million.[4]

Schaeffer left Fontainebleau Resorts without explanation in May 2009.[5] Schaeffer was primarily responsible for securing more than $3 billion in loans for the Fontainebleau Resort Las Vegas project.[6]

The Fontainebleau Miami Beach resorts new Coastal Convention Center was opened December 11, 2024.[7]

Properties

• Fontainebleau Miami Beach
• Fontainebleau Las Vegas

Subsidiary companies

• Fontainebleau Las Vegas LLC[8]
  • Fontainebleau Las Vegas Holdings LLC
  • Fontainebleau Las Vegas Capital Corp.

References

1. Johnson, Robert (25 May 2005). "Taking 1950's Miami Beach Chic to the Desert". The New York Times. Retrieved 23 October 2024.
2. "Marta Lautin Named Vice President of Marketing for the Fontainebleau Resorts Brand, Which Includes the Fontainebleau Las Vegas and Fontainebleau Miami Beach" (Press release). 2007-11-14. Retrieved 2008-08-03.
3. Fontainebleau Resorts
4. PBL buys stake in US casino company ABC News (Australia) April 19, 2007
5. Liz Benston (8 June 2009). "Outlook for Fontainebleau slides from bad to worse". The Las Vegas Sun. Retrieved 29 August 2011.
6. Fontainebleau's top executive leaves company on www.lvrj.com
7. Beach, Fontainebleau Miami. "FONTAINEBLEAU MIAMI BEACH CELEBRATES GRAND OPENING OF COASTAL CONVENTION CENTER WITH CEREMONIAL RIBBON CUTTING". www.prnewswire.com. Retrieved 2025-01-11.
8. "Fontainebleau lenders want to force Chapter 7". South Florida Business Journal. 2009-09-29.