LOS ANGELES--November 27, 2012--sbe , an industry-leading creative hospitality company that develops, manages and operates award-winning hotels, restaurants and nightlife, has named Sam Bakhshandehpour company President.
In his new role, Bakhshandehpour will work alongside Sam Nazarian in
leading the domestic and international expansion of the company’s
award-winning hotel, restaurant and nightlife brands. Additionally,
Bakhshandehpour will oversee all gaming and corporate initiatives,
collaborating closely with sbe division presidents to innovate
operational efficiencies and drive strategic growth.
“Bringing Sam on board at this point in sbe’s evolution is a huge win
for the company and provides us with a significant advantage as we
emerge into a global hospitality brand,” said Nazarian. “Through his
leadership and deep industry expertise, we’re poised for continued
growth across our entire platform.”
“sbe and Sam are undeniable forces in the industry, having innovated
hospitality in a way that’s resonated powerfully not only in the United
States but internationally as well,” added Bakhshandehpour. “Having an
opportunity to join such a dynamic and creative company is a privilege,
and I’m looking forward to what we can accomplish as a team.”
Bakhshandehpour joins sbe with an extensive track record as a 16-year
veteran of Wall Street. He’s spent the last 12 years with J.P. Morgan
Securities' Real Estate, Lodging & Gaming Investment Banking
practice on the West Coast. While at J.P. Morgan, Sam focused on
mergers and acquisitions and capital raising for the Lodging &
Gaming companies, as well as REITs, homebuilders and real estate
private equity funds. Prior to J.P. Morgan, Sam was in the Real Estate,
Lodging & Gaming Investment Banking Group at Deutsche Bank based
out of New York.
Most recently, Sam played an instrumental role in working with Nazarian
to secure the $300 million capital raise for SLS Las Vegas.
To learn more about sbe, please visit sbe.com or download the sbe App here. To friend sbe on Facebook, click here, and to follow us on Twitter, click here.
sbe is a creative hospitality company that develops, manages and
operates award-winning hotels, restaurants and nightlife. Through
exclusive partnerships with cultural visionaries, sbe is dedicated to
delivering the best in design, culinary and entertainment. Already a
proven leader in the hospitality and real estate industries, sbe has
over 70 properties currently operating or in development, and has
expanded several of its flagship brands including SLS Hotels, Katsuya
by Starck, The Bazaar by José Andrés and Hyde Lounge
nationally and internationally. Founded in 2002 by Chairman and CEO Sam
Nazarian, sbe is a privately held company. More information about sbe
can be obtained at sbe.com, or by downloading the sbe App.