James Green has left the McLean, Virginia-based firm where he was managing director and co-global head of capital markets and client relations.
2 min read · 05 January 2013
Harmony Development, an affiliate of Starwood Capital, has signed a memorandum of understanding with Florida University to build an energy R&D complex in the green community of Harmony, Florida, one of only 10 official eco-communities in the sunshine state.
2 min read · 05 January 2013
The San Francisco-based real estate secondaries firm has appointed former SL Green/Gramercy Capital executive as LPs increasingly look to liquidate some of their real estate positions. The appointment comes as Liquid works with LPs faced with capital calls in excess of their distributions.
1 min read · 05 January 2013
The affiliate of the private equity real estate firm, Starwood Capital, has formed a $75m joint venture with Cold River Development to target the 23-counties of the Atlanta metro region. It comes just two days after the firm bought 2,500 residential home sites in Arizona, California and Florida.
1 min read · 05 January 2013
The private equity real estate firm led by Barry Sternlicht is in talks with JJW Hotels to sell part of the Concorde Groupe portfolio in a deal worth around $2bn, according to media reports. The sale would include the Concorde Lafayette in Paris and the Hôtel Martinez in Cannes.
1 min read · 05 January 2013
The San Francisco-based private equity real estate secondaries firm appoints former Redwood Trust mortgage specialist John Arens as director.
1 min read · 05 January 2013
The Greenwich, Connecticut-based private equity real estate firm is building on the success of the W Hotels and St Regis brands by expanding the new Baccarat Hotel label to the Caribbean, Middle East, Europe and Far East. The hotels will all feature Baccarat crystal chandeliers.
1 min read · 05 January 2013
After delaying the pricing of their IPOs one day, the two fund managers said they now expected to raise just $250m and $200m respectively – compared to Colony’s original target of $500m and Apollo’s $600m.
1 min read · 05 January 2013
Starwood Capital’s latest global real estate fund has received $100m in commitments from two US pension funds, including New Mexico’s $13bn scheme and the $15.8bn Louisiana Teachers fund. New Mexico also committed a further $65m to private equity and real estate funds.
1 min read · 05 January 2013
The Singapore-listed leisure investment firm and developer has held a final close on its Banyan Tree Indochina Hospitality Fund, short of its original $300m to $400m target. The vehicle's core asset will be the Laguna Hue resort development.
2 min read · 05 January 2013
