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Starwood Capital Group

591 West Putnam Avenue
Greenwich, CT 6830
Starwood Capital Group
Starwood Capital Group is an alternative investment management firm based in Greenwich, Conneticut started by Barry Sternlicht in 1991. Starwood has 990 employees and $36 billion under management. In 2009, Starwood Capital acquired 40% of a Corus Bank loan portfolio totaling $4.5 billion from the FDIC, in what Starwood claims was the government's largest distressed debt transaction during the Great Recession. Starwood has risen to prominence in the hotel industry with the Baccarat Hotels and Resorts chain, the flagship of which is a 46-story mixed hotel and and condominium tower at 20 West 53rd Street. The original asking price for the top-floor penthouse was $60 million. The tower was panned by architecture critic James Gardner as one of the remorselessly rectilinear office towers for which the firm is mainly known. Additionally, the firm is an indirect minority shareholder (9.36%) in Italian soccer club AS Roma.
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nylo 1
Ashkenazy Acquisition Corp. picked up the Nylo New York City Hotel on the Upper West Side for north of $140 million, or about $500,000 per...

...Hotel Brooklyn Bridge and 1 Hotel South Beach Barry Sternlicht’s Starwood Capital Group is looking to sell all three hotels in its fledgling...

Olshan Baccarat penthouse 20 West 53rd Street, 27 East 11th Street, 145 Central Park West, 347 Bowery thumb
Luxury residential sales volume had a slow week, but a handful of major purchases kept things interesting, according to Olshan Realty’s weekly market report. Tags:...

A penthouse unit at the Baccarat Hotel and Residences has found a buyer, following a price chop down to $54 million. Tags: Baccarat, penthouses ...

Victor Siguora and Drew Popkin, the Naftali Group’s top acquisition executives, have left the company to form their own development firm. The new venture, called...

420 Kent Avenue Eliot Spitzer thumb
Eliot Spitzer’s Spitzer Enterprises took out a $330 million loan to finance construction at its Williamsburg waterfront rental project. Tags: eliot spitzer ...

“No one has ever accused me of not being a realist,” Sam Zell told CNBC. The chairman of Equity Group Investments and of apartment mega-landlord...

UPDATED, May 16, 4:30 p.m.: Faced with a “choppy market,” RXR Realty and Westbrook Partners turned to a non-traditional lender for help in buying a...

Sam Zell ft
In December, Equity Residential chair and real estate investor Sam Zell said he believed there was “a high probability” that the U.S. economy would slip...

Mark Gordon ft
Tribeca Associates is financing its acquisition of the 47-story office tower at 30 Broad Street with a $96.2 million loan from M&T Bank, according to...

REIT Executives
After a disastrous start to the year spurred by January’s stock market nosedive, New York City’s major real estate investment trusts rebounded strongly in the...

277 West 10th Street
...left: Miki Naftali, 275 West 10th Street and Starwood's Barry Sternlicht Starwood Capital Group and the Naftali Group refinanced their West Village condominium conversion...

Westbrook 47 Hall FB
...Yard, for $161 million, sources told The Real Deal. Barry Sternlicht's Starwood Capital Group is acting as the lender on the deal, sources said...

A lawyer who specializes in getting tenants fat payouts from landlords just made his own big score. Tags: Carrie Chiang, Corcoran Group ...

Zell Airbnb
Equity Residential executives say there is “no agreement in place” with Airbnb over a possible revenue-sharing deal that would allow tenants to market their properties...

Aby Rosen Mark
UPDATED, 5:29 p.m., Feb. 2: Making a rare foray into the mortgage world, Aby Rosen and Michael Fuchs’ RFR Holding acquired a $60 million mezzanine...

Barry Sternlicht Sam Zell thumb
...of a massive, 23,000-unit residential portfolio to Barry Sternlicht’s Starwood Capital Group for nearly $5.4 billion, the Chicago-based real estate investment trust announced...

Buyers signed 15 contracts on properties $4 million and up last week, but between Martin Luther King Day and Winter Storm Jonas, did anyone expect...

Mark Gordon ft
Tribeca Associates is in contract to acquire the leasehold on the 47-story office tower at 30 Broad Street in a deal valued at around $130...

1414 feature
Brokerage Deborah A. Schwartz Real Estate is suing Starwood Capital and Murray Hill Properties, alleging it was cut out of a $72 million deal between...

Macy’s $400 million overhaul of its Herald Square store, the Hines-developed office tower overlooking Bryant Park and Two Trees Management’s shimmering rental building at the...

Clockwise from top left: Pierhouse, the New York Dock Building, Oosten and 51 Jay Street It’s been a relatively good five years for Brooklyn’s most...

Daniel Ghadamian
It may not be a former Playboy Club, but a Lenox Hill co-op managed to capture the attention of Capstone Equities principal Daniel Ghadamian. Tags:...

Arne Sorenson W Hotel Adam Aron thumb
After months of rumors, Marriott International has emerged from among a gaggle of potential bidders and is set to buy Starwood Hotels & Resorts Worldwide...

Funny quote real estate
...From the November issue: Starwood Capital Group boss Barry Sternlicht urges skepticism when investing in China, Floored...
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Town Residential, Managing Director, Acquisitions
591 West Putnam Avenue, Greenwich, CT, 646-588-4320
Marcos Alvarado, who is managing director for Starwood Capital Groups acquisitions group, is...
Starwood Capital, Managing Director and Head of Portfolio Management
591 West Putnam Avenue, Greenwich, CT, 646-588-4320
Laura Rubin is one of the key parts of Starwood Capital Groups well-oiled...
Starwood Capital, Chairman & CEO
591 West Putnam Avenue, Greenwich, CT, 646-588-4320
Once known as The King of Hotels, these days Barry Sternlicht might be...
Starwood Capital, Managing Director and Head of Asset Management
591 West Putnam Avenue, Greenwich, CT, 203.489.4070
Robert Scoville, who is Starwood Capitals head of asset management, has worked in...
  • Event Sales
  • Address 150 West 34th Street
  • Neighborhood Penn Plaza
  • Borough Manhattan
  • Square feet 78,000
  • Price $ 355,000,000
The Old Navy building sold for $355 million. Additional information: 3 stories, 78,000 sf
  • Event Sales
  • Address 105 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Price $ 40,000,000
  • Publication Date 07/01/2012
  • Event Date 05/22/2012
  • Party 1 Starwood Capital
  • Party 2 JDS Development Group
The majority interest in the development site sold for $40 million. The buyer plans to break ground on a new 100,000-square-foot, mixed-use retail and luxury residential project in the spring or early summer.
  • Event Sales
  • Address 222 West 45th Street
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 25,000
  • Price $ 6,130,000
  • Price per foot $ 245.00
The air rights sold for $6.13 million, or about $245 per square foot. The buyers acquired the air rights from the Booth Theater, which will be used to increase the size of a planned hotel at 237 West 54th Street, from 27 stories to 34 stories.
  • Event Sales
  • Building Name 18-30 West 53rd Street
  • Address 18 West 53rd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 100,441
  • Price $ 67,400,000
  • Publication Date 09/01/2011
  • Event Date 07/23/2011
  • Party 1 New York Public Library
  • Party 2 Tribeca Associates, Starwood Capital
The former Donnell Library building sold for $67.4 million. The buyers plan to develop the site into a new 120-room, five-star hotel, with new space for the library.
  • Event Sales
  • Building Name 105-07 West 57th Street
  • Address 105 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Price $ 52,000,000
  • Publication Date 11/01/2006
  • Event Date 09/22/2006
  • Party 1 Investcorp and Ceebraid-Signal
  • Party 2 Starwood Capital Group
The former home of the Ritz fur shop was acquired for $52 million. Plans for the site have not been disclosed.
Manhattan, 10019
Tribeca Associates|Starwood Capital Group, 20 WEST 53RD STREET LLC
Manhattan, 10019
The Baccarat Hotel and Residences is a mixed hotel and condominium, glass-faade tower...
Manhattan, 10014
Starwood Capital Group, 277 WEST 10 OWNER L.P.
275 West 10th Street, or the Shepherd House, is a landmarked mid-rise apartment...

A few years ago, law firms were cutting their payrolls and scrambling to refocus their practices on bankruptcies and restructurings. Indeed, the real estate law...

NYC Luxury Condos
Manhattan’s 10 highest-grossing high-rise condominiums racked up total sales of more than $2.7 billion over the past year, according to a new ranking by The...

114 Jump se FINAL.indd
Local lenders New York Community Bank and Signature Bank finished near the head of the pack in the New York City commercial mortgage market last...

Roosevelt Hotel Hotel owners may award 2012 five stars. That’s because in the last year, Manhattan’s hospitality market has posted huge gains as tourists continued...
Manhattan, 10019
Tribeca Associates|Starwood Capital Group, 20 WEST 53RD STREET LLC
Manhattan, 10014
Starwood Capital Group, 277 WEST 10 OWNER L.P.
275 West 10th Street, or the Shepherd House, is a landmarked mid-rise apartment...