0 minute readStarwood Capital Group says it’s prepared to make another bid for Extended Stay as the spurned investor seeks to derail the hotel chain’s Chapter 11 plan backed by Centerbridge Partners and others. In papers filed Monday with the US Bankruptcy Court in Manhattan, Starwood said that the Centerbridge-led group’s $3.93bn deal to acquire Extended Stay is the result of a “tainted” auction that “substantially undervalues” the company.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
Most Popular Articles
RealTrends Verified City Rankings reveal where top agents and teams are building scale
RealTrends Verified City Rankings list 74,906 entries across 5,249 cities, totaling $1.63T volume and 2.5M sides.
Jul 10, 2026
-
New policy impact may ignite a manufactured housing blue-sky era
Jul 10, 2026 -
Trump didn’t sign it, but the 21st Century ROAD to Housing Act is now law
Jul 11, 2026 -
JMG brings $5.9B brokerage platform to Keller Williams
Jul 13, 2026 -
What the ROAD to Housing Act means for agents, homebuyers
Jul 13, 2026 -
Compass files ethics complaints against Zillow in 26 states
Jul 14, 2026
Latest Articles
The stock market vs. shelter: The math matters
The real question isn’t whether a house beats the stock market. It’s what kind of life someone is trying to build.
-
Condo safety repairs bill returns with bipartisan Florida support
-
The ROAD ahead for build-to-rent
-
The best real estate software for 2026: 20 top picks for agents + teams
-
Economic activity expands, but consumers feel the squeeze
-
Fairway Home Mortgage launches nonprofit to combat senior financial fraud
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
