NEW YORK Paradise Grand Hotel, Ltd. has exclusively retained Sonnenblick-Goldman Company to market the company for sale.
The companys primary asset is the Sheraton Grand Resort in Paradise Island, Nassau, Bahamas. The 340-room beachfront hotel is located adjacent to the Atlantis Paradise Island Resort and offers 9,400 square feet of meeting space. It recently underwent a $10 million renovation, and according to executives at Sonnenblick, offers significant value enhancement potential. (1/16/01)