Starwood
Benjamin West Tapped to Oversee FF&E for 69-Hotel Portfolio
Various Marriott and Hilton properties are set to undergo around $200 million in renovations, including $70 million in new furniture, fixtures and equipment.
CPE’s Top 5 Articles in September
Miss out on any CPE stories in September? Here are five of our most popular articles for the month, including major executive news from Starwood and Blackstone, as well as a report analyzing Hurricane Harvey’s impact on Houston multifamily.
Glimcher Takes On CEO Role at Starwood
His extensive industry experience and far-reaching relationships make him a natural for this role. Glimcher began his career with Glimcher Realty Trust in 1991 and took over as CEO in 2005.
Celebrating 30: The Fall of Paired-Share REITs
We’re celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate’s history. This week: The end of paired-share REITs. Stay tuned for our weekly posts and follow along with us using the hashtag #CPETurns30.
San Gabriel Sheraton Hotel Design Revealed
Kollin Altomare Architects designed the 288-key property slated for completion by fall 2017, with interior design from Cheng Chung Design and Whitespace Interiors.
Rubicon Sells LAX 596-Key Hotel Portfolio
The company disposed of the 640-key Hacienda Hotel it purchased in 2013 and then converted it into two different branded hotels: the Aloft by Starwood and Fairfield by Marriott.
Miami-Area Industrial Asset Trades in $8M Deal
Cushman & Wakefield’s experts assisted the seller in the transaction and helped secure acquisition financing on behalf of the buyer, through a loan originated by Starwood Mortgage Capital.
Shops at Willow Bend Gets $125M Renovation, Expansion
The construction of the next phase began one year ago and will be completed in phases. The shopping center will introduce new restaurant and retail concepts, as well as a 200,000-square-foot office tower.
Brooklyn Waterfront Hotel Lands $80M in Financing
The 10-story project marks the third property and first ground-up development for Starwood’s luxury 1 Hotels brand.
Starwood Capital Snaps Up Canadian Apartment REIT for $2.9B
Under the terms of the deal, all of Milestone’s subsidiaries and assets will be absorbed, while Milestone unit holders will receive $16.15 per trust unit in cash.
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