Pär Olof Sandå - Hotels In North Beach

Par Sanda (born June 22, 1965) is a Swedish entrepreneur, developer and stock trader. Although he has kept a low profile, his accomplishments include establishing the Pan Capital Group, an international stock market trading company and recently developing the North Beach Village, an area of renovated 1950's mid-century modern hotels and resorts in Fort Lauderdale, Florida

Biography

Par Sanda was born in Bjärred, a coastal locality located in Lomma Municipality, Skåne County, Sweden with 9,542 inhabitants in 2010. It is situated about 20 km north of Malmö and 10 km west of Lund. Sandåwas raised in a tightly knit family composed of his mother, father and younger sister. He attended Lund University (Swedish: Lunds Universitet), one of Europe's oldest universities and one of Scandinavia's largest institutions for education and research. It is consistently ranked among the world's top 100 universities, where he received a Bachelor in Economics. While Sandå has a successful and attention-drawing career history, he makes it a point to stay out of the spotlight for the sake of his and his family's privacy.

The Pan Capital Group

Upon graduation from Lund University, Sandå commenced his professional career in the financial world as an institutional broker at Stockholm Brokerage. His strengths and prowess were recognized early, especially by trading director Bo Mattsson. When Mattsson was recruited to Swedbank in 1990, he brought Sandå with him as an institutional broker with the intention to further develop Sandå's potential and talent.

During his employment at Swedbank, Sandå and colleague Bengt Larsson attended Tony Saliba's trading school in Chicago for three months in 1991. The knowledge Sandå gained here greatly influenced the success he went on to experience. Sandå and Larsson returned to Swedbank and commenced building the trading department. The duo expanded to include Claes-Henrik Julander, Henrik Hedman, Magnus Hedman, Fredrik Landin, and Richard Warneker. The close-knit group's practice of aggressive trading brought the company increased market share as well as earnings.

In September 1996, the group joined Rivus, a subsidiary of Oresund, but after building up the company, Sandå and the group moved on to a new partner. The group's next partnership began in 1997 with Erik Penser, Swedish financier and businessman. The group established Pan Capital in 1998 and their joint venture with Penser resulted in earning Penser a very healthy profit. Their relationship lasted until 2009 when the partners split up and Pan Capital became independent.

The company now has offices in Stockholm and Florida. Pan Capital is extremely private about its business practices and tries to keep out of the public eye despite its success. According to Affärsvärlden, a Swedish business magazine, "the company is a member of several of the world's major stock exchanges, with about 95 per cent of their transactions are made outside Sweden."

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The North Beach Village

In 2010, during the recession, Pan Capital looked into alternative investments and turned to South Florida's real estate market. the company purchased over 35 properties on Fort Lauderdale's barrier island in what will come to be known as the North Beach Village, gathering them under the umbrella of the North Beach Village Resorts. The village's title comes from the name of the zoning district: North Beach Residential Area.

Most of the properties purchased by Pan Capital are 1950's mid-century modern hotels and resorts. Sandå is redeveloping the area, renovating and updating the properties one by one, re-opening them as distinctive boutique hotels, each with their own personality and theme. Acquisitions include: TropiRock, The Winterset Suites, Robindale Suites, North Beach Village Hotel, The Grand Palm Plaza, Hotel Lush Royale, La Casa Resort, Royal Palms Resort and Spa, The Aqua Hotel, The Plaza Bistro, Tara Hotel, Tranquilo Hotel, Cocobelle Resort, and The Beach Gardens Hotel. The North Beach Village Resorts offer a mixture of accommodations catering to families and singles in addition to LGBT tourism travelers.

The work in progress is intended to be a pedestrian friendly European-style village area where visitors and locals alike can stroll along streets lined with art galleries, cafes, and retail shops. Sandå wishes to make the cornerstones of this project - peace, love and happiness - evident in all facets of the North Beach Village. Construction is expected to be complete in the coming years.

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References

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External links

• Pan Capital Group Official site
• North Beach Village Resort Official site
• Aqua Hotel Fort Lauderdale Official site
• Beach Gardens Hotel Fort Lauderdale Official site
• Cocobelle Resort Fort Lauderdale Official site
• Tranquilo Fort Lauderdale Official site
• The Winterset Fort Lauderdale Official site
• Tara Hotel Fort Lauderdale Official site
• TropiRock Fort Lauderdale Official site
• The Victoria Park Hotel Fort Lauderdale Official site
• LaCasa Fort Lauderdale Official site
• Royal Palms Fort Lauderdale Official site
• Elysium Resort Fort Lauderdale Official site
• Hotel Lush Royale Fort Lauderdale Official site
• Grand Palm Plaza Fort Lauderdale Official site
• North Beach Hotel Fort Lauderdale Official site

Interesting Informations

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