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Turnberry Associates is a real estate development and management company in the United States. The company has developed over $10 billion [ 1 ] worth of properties during the course of its history. Current holdings in its portfolio include the Aventura Mall , the JW Marriott Nashville Marriott, and SoLé Mia .
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Tishman Hotel & Realty LP (THR) is a subsidiary that focuses primarily on large, complex properties with a long-term ownership strategy. THR comprises a diversified staff of experienced real estate, financial and hotel management specialists, and complemented by a technical staff of architects, engineers, and construction management professionals.
After the company divested its non-hotel business and reorganized as a real estate investment trust in 1998, [7] it adopted its current name—Host Hotels & Resorts, Inc.—in 2006. [ 8 ] [ 9 ] On November 2, 2020, Host Hotels & Resorts switched its stock listing from the New York Stock Exchange to the Nasdaq Global Select Market . [ 10 ]
The residence was built in 1901–03, replacing two older houses on the site, and was designed in the Beaux-Arts style by Hoppin & Koen, who had studied at the École des Beaux-Arts in Paris, and worked in the office of McKim, Mead & White. [2]
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A Lehman Brothers and Starwood Capital Group joint venture obtained the leased and owned real estate assets in a separate deal. [3] Over the following five years, 45 of these 130 properties were sold, and 20 new ones were added to the chain. [11] In September 2016, Marriott gained the Le Méridien brand as part of its acquisition of Starwood. [12]
In 2005, in partnership with JBG Smith, the company acquired the Marriott Wardman Park hotel from Thayer Lodging Group for $300 million. [4] In February 2007, the company acquired the BB&T Center for $117 million. [5] In June 2017, it sold the property to Arden Group for $148.8 million. [6]
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