Tuesday, August 6, 2013

Starwood REIT Gains on LNR Deal


Starwood REIT Gains on LNR Deal

GREENWICH, CT-The REIT’s senior management believes it’s “very well positioned to continue to outperform” thanks to substantial progress in all business lines during the second quarter, says CEO Barry Sternlicht.

Cohen & Steers Exits Private Equity CRE

NEW YORK CITY—Global investment manager Cohen & Steers is leaving the private equity real estate business, resulting in the departure of the group’s head, Steve Coyle, and his team, at the end of this week.

Interest Rate Gains Nick Property Values

NEWPORT BEACH, CA-Since low rates helped the recovery in pricing as much as anything, “much depends on where interest rates go,” says Green Street’s Rothemund.

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