Marriott buys Starwood Hotels for $12.2 billion
Marriott International announced today that it has acquired Starwood for $12.2 billion, creating the world’s largest hotel chain, bringing together such famous institutions as Ritz-Carlton, More...
Barry Sternlicht’s Single-Family Home merger deal – The New Darling Of Wall Street?
On Sept. 21, 2015, Barry Sternlicht’s Starwood Waypoint Residential Trust (NYSE:SWAY) and Colony American Homes, or CAH, another large single-family home rental business affiliated with Colony More...
Barry Sternlicht’s Starwood, Intercontinental Hotels, held early deal talks – FT
Financial Times reported on Thursday the InterContinental Hotels (IHG.L) and rival Starwood Hotels (HOT.N) have held early deal talks. The informal talks are very tentative and Starwood may choose another suitor More...
Houston Rockets Owner leslie Alexander Buys Midtown Manhattan Condo for $20 Million
– – Well it looks like the owner of the NBA’s Houston Rockets, leslie Alexander, has found something to buy with the $50 million which he hopes to eventually get for his Gramercy apartment More...
Barry Sternlicht’s 1 Hotels, Brand on an Eco-Friendly Mission
Barry Sternlicht, the legendary real estate investor and creator of W-Hotel boutique design brand, is making another big splash in the branded hotel segment by rolling out his new 1 Hotels brand. The hotel More...
Chinese Buy Manhattan Hotel Barry Sternlicht Built – Cost Per Room: $18, 000 a Night
Beijing-based Sunshine Insurance announced on Monday that it is planning to buy the Baccarat Hotel in Manhattan for $230 million from Starwood Capital Group LLC. The Wall Street Journal noted on Friday that More...
Barry Sternlicht to Sell Manhattan’s New Baccarat Hotel for $200 Million
Barry Sternlicht’s Starwood Hotels & Resorts Worldwide is already looking to sell its new Baccarat hotel in Manhattan for as much as $200 million, The Real Deal has reported. Located at 20 West 53rd More...
Barry Sternlicht’s Starwood Waypoint Residential Trust Issues $150 Million in Convertible Senior Notes
– Starwood Waypoint is raising capital to increase its portfolio and buy back stock. – Starwood Waypoint Residential Trust, a California based single-family rental real estate investment More...
Barry Sternlicht’s Starwood Capital Continues Mall Buying Spree Adds 7 More For $1.4 Billion
– This week Barry Sternlicht’s Starwood Capital Group agreed to buy a portfolio of seven regional shopping centers from Taubman Centers Inc. for just over US$ 1.4 billion. Starwood will pay US$785 More...
Barry Sternlicht’s Starwood Capital Seeks $230 Million For the New York Baccarat Hotel
– Starwood wants to sell the new Baccarat Hotel in New York before it even opens. – – Barry Sternlicht’s Starwood Capital Group is looking to sell the Hotel section of its More...