| Fontainebleau Resorts | |
| Industry: | Hotel |
| Predecessors: | --> |
| Successors: | --> |
| Founded: | in Florida, United States |
| Founder: | Jeffrey Soffer, Glenn Schaeffer, Brett Plant |
| Hq Location City: | Enterprise, Nevada |
| Hq Location Country: | United States |
| Areas Served: | --> |
| Key People: | Brett Mufson (president) |
| Profit: | --> |
| Profit Year: | --> |
| Owner: | Fontainebleau Development, Jeffrey Soffer, Brett Mufson |
| Slogans: | --> |
Fontainebleau Resorts, LLC, is a resort-hotel company started in Florida by South Florida real estate developers Turnberry Associates 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.[1] [2]
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.
On April 17, 2007, Publishing & Broadcasting Limited announced that it had entered into an agreement to acquire 19% of Fontainebleau Resorts for $250 million.[3]
Schaeffer left Fontainebleau Resorts without explanation in May 2009.[4] Schaeffer was primarily responsible for securing more than $3 billion in loans for the Fontainebleau Resort Las Vegas project.[5]