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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.
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
Sam Zell’s Equity Residential closed its sale of a massive, 23,000-unit residential portfolio to Barry Sternlicht’s Starwood Capital Group for nearly $5.4 billion, the Chicago-based...
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...
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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...
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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:...
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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 CEO Dave Eisenberg predicts a grim future for...
Tony Malkin
Tony Malkin (credit: Bloomberg) Empire State Realty Trust chair and CEO Tony Malkin made an appearance on Bloomberg TV yesterday, offering thoughts on everything from...
In 2007, Sam Zell struck a deal to sell his entire office-building portfolio to the Blackstone Group for $39 billion, then the biggest leveraged-buyout deal ever....
Barry Sternlicht Sam Zell
Barry Sternlicht’s Starwood Capital paid Sam Zell’s Equity Residential $5.4 billion for a massive portfolio of suburban rental units in cities throughout the country, the...
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Toll Brothers and Starwood Capital Group’s Pierhouse hotel and condo development in Brooklyn Bridge Park is intruding upon a city-protected scenic view, opponents of the...
From the South Florida website: Starwood Capital Group, LeFrak and Invesco, which completed 1 Hotel South Beach earlier this year, have closed on a $250...
Barry Sternlicht
Barry Sternlicht (credit: Bloomberg) Barry Sternlicht isn’t China’s biggest fan....
Starwood Capital Group obtained $125 million in refinancing for the new 1 Hotel Central Park, which opened last month, The Real Deal has learned. Tags:...
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The developers behind Stella Tower have booted Douglas Elliman as the exclusive marketing and sales agent for the Midtown West property, and are entrusting Sotheby’s...
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When General Electric executives phoned Blackstone Group’s Lexington Avenue office in March to propose one of the largest real estate deals in U.S. history, Kenneth...
From the August Issue: In the years following the 2008 crash, Barry Sternlicht was dubbed “the real estate bargain hunter” by the New York Times for...
From the South Florida website: Top broker and Miami native Horacio LeDon, president of Douglas Elliman Development Marketing for Florida and California, announced his resignation...
After a temporary restraining order against Toll Brothers City Living’s Pierhouse was lifted in June, a preservationist group amended its complaint in light of what...
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...
A joint venture led by Robert Levine’s RAL Development Services will make an up-front payment of $106 million to acquire a long-term ground lease on...
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Vornado Realty Trust received a $205 million acquisition loan from Morgan Stanley to help finance its purchase of the Old Navy building in Herald Square....
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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
  • 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.
  • 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
  • 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
  • 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.
Manhattan, 10019
Tribeca Associates|Starwood Capital Group, 20 WEST 53RD STREET LLC
Manhattan, 10019
Starwood Capital
The Baccarat Hotel and Residences is a mixed hotel and condominium, glass-faade tower...
Manhattan, 10019
JDS Development|Property Markets Group
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...

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Manhattan, 10019
Tribeca Associates|Starwood Capital Group, 20 WEST 53RD STREET LLC
Manhattan, 10019
JDS Development|Property Markets Group