Search results
Results from the WOW.Com Content Network
The trust, In a May 23 letter to shareholders, Sternlicht informed investors that the $10 billion Starwood Real Estate Income Trust would cap monthly withdrawals at 0.33% of net asset value, down ...
Between 2013 and 2014, Starwood also acquired three British hospitality groups: De Vere Group for £ 232 million, [18] Four-Pillars Hotels for £ 90 million, [19] and Principal Hayley Group for £ 360 million. [20] In February 2014, Starwood Property Trust spun off Starwood Waypoint Residential Trust, a single-family rental real estate ...
The real estate investment trust announced that its board of directors has approved the spin-off of its single-family residential business. This will take the form of a Starwood Property Trust to ...
Commercial real-estate firm Starwood Property Trust Inc. (NYSE: STWD) and private equity firm Starwood Capital Group, which are both controlled by Barry Sternlicht, have agreed to pay $1.05 ...
Starwood Hotels and Resorts was originally formed by the real estate investment firm Starwood Capital to take advantage of a tax break; at the time the company was known as Starwood Lodging. [8] Initially, Starwood Lodging owned a number of hotels throughout North America, all under different brand names.
The company was established in 2002 as the Corovest International Real Estate Fund. It was floated on the Alternative Investment Market in 2006. [2] It changed its name to Redefine International in 2008 and converted to a Real estate investment trust listed on the London Stock Exchange in 2013. [3] It changed its name again, to RDI REIT, in ...
For premium support please call: 800-290-4726 more ways to reach us
In January 1995, Sternlicht purchased Hotel Investors Trust, an almost-bankrupt real estate investment trust, [16] and took over as CEO. [3] In 1997, Sternlicht's company acquired Sheraton Hotels and Resorts in a $13.3 billion transaction, topping a bid by Hilton Worldwide. [20] Sternlicht's innovations included W Hotels and the Westin Heavenly ...