News

Mayer Corporation Arranges $45 million Refinance The Robert Mayer Corporation successfully completed a refinance of The Waterfront Beach Resort, a Hilton hotel, in the amount of $45 million. The financing replaces previous debt arranged in 2006. The lender was Morgan Stanley Capital Holdings, LLC of New York. The new debt contains very unique provisions for limited defeasance costs during its five year term to allow the early repayment of the loan upon the commencement of the expansion of the hotel. See the Gallery of Featured Projects for more information regarding The Waterfront Beach Resort, a Hilton hotel, and its planned expansion.

New Restaurant at The Hyatt Regency The Robert Mayer Corporation has closed and begun the renovation of the original “Californian Restaurant” at the Hyatt Regency Huntington Beach Resort and Spa. The new Watertable restaurant will expand the size and seating count of the restaurant, provide a spacious bar, fireside lounge, library area, an outdoor dining patio with trellis, and feature a new, contemporary cuisine featuring locally farmed products. The Watertable will feature a unique blend of old and new, rustic and refined, and “essential pairs” of food and drink to encourage sharing and conviviality with both hotel guests and locals from the community. Significant remodeling and expansion of the production capacity of the hotel’s main kitchen will also occur. The Watertable is the result of a yearlong planning and design effort and will represents approximately $3.75 million in improvements to the hotel. The restaurant is scheduled to open in late March, 2014. Interior design by EDG Interior Architecture+Design, San Rafael, Ca. Architecture by Nord & Associates, Newport Beach, Ca. General contractor Driver SPG, LLC of Anaheim, Ca. See the Gallery of Featured Projects for images and further information.

Robert Mayer Honored as “Champion of Youth” by the Huntington Valley Boys and Girls Club The Huntington Valley Boys and Girls Club began a new tradition at the 35th annual benefit held at The Hyatt Regency Huntington Beach Resort and Spa by awarding the “Champion of Youth” honor to a member of the community who goes above and beyond to help create great futures for kids. Robert Mayer was named the inaugural honoree for his decades of commitment to the kids at the Boys & Girls Club. Mr. Mayer not only helps the Club with significant contributions each year, he also gave the lead gift that allowed the organization to build the Robert Mayer Child Development Preschool at Golden West College. Now, hundreds of children benefit from the preschool each year. And, with childcare on the community college’s campus, moms and dads can get the education they need to provide a great future for their kids. Mr. Mayer’s investment in and commitment to the Boys & Girls Club changes local families’ lives for the better each and every day. CEO Tanya Hoxsie says, “He was the first person to believe in our dream of building a new Club. Without him, we wouldn’t be where we are today.” Over $475,000 was raised at the annual benefit, and both the Hyatt Regency hotel and The Waterfront Beach Resort were major sponsors of numerous vacation trips and prizes used to raise donations.

R.J. Mayer Elected to Board of Directors of California Hotel & Lodging Association R.J. Mayer, Chairman and Chief Operating Officer of The Robert Mayer Corporation, was elected to the Board of Directors of the California Hotel & Lodging Association (CH&LA) at its annual meeting at the Hyatt Regency Indian Wells Resort and Spa in Palm Springs where a total of six new directors were elected. “CH&LA only becomes stronger with this new group of directors,” said Board Chair Patel. The California Hotel & Lodging Association (CH&LA) is a Partner State Association of the American Hotel & Lodging Association. It represents all segments of the lodging industry and is the indispensable resource for communicating and protecting the rights and interests of the California lodging industry, for providing educational training and cost-saving programs, and for supporting strategic alliances to promote the value of California tourism and travel. With increasing governmental oversight of the hotel and lodging industry, the focus of the Association includes governmental advocacy, professional education and industry communication programs on behalf of its membership.

Ballet and Choir Performances at The Waterfront Beach Resort

R. J. Mayer Elected as Treasurer of the Orange County Business Council As Treasurer, R.J. Mayer joins an elite team of executives on the Executive Committee of the Orange County Business Council, which is the leading voice of the Orange County business community on important local, regional and national issues. The organization works to enhance Orange County’s economic development and prosperity to preserve a high quality of life in America’s sixth largest county. Orange County is one of the most desirable places in the nation to live, work, raise families and enjoy an excellent quality of life. The Orange County Business Council serves pro-business interests so that the region’s vibrant economy will continue to expand, bringing the benefits of prosperity to every corner of the county. The Orange County Business Council accomplishes its mission by leading a high profile, proactive advocacy program for business interests throughout California and the nation, focusing on infrastructure, work force development, economic development and workforce housing.