Items Tagged with 'Starwood Capital Group'

ARTICLES

  • Starwood Capital Group expands asset management team

    Adds two to senior-level roles
    Global private investment firm Starwood Capital Group announced this week it has made two senior additions to the firm's asset management team. In January, Alex Waterbury joined Starwood as managing director, head of development, and in June, Andrea Pierce will be joining the firm to serve as the managing director, head of office asset management.
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  • Forestar officially spurns Starwood Capital, agrees to sell to D.R. Horton for $560 million

    Forks over $20 million to cancel deal with Starwood
    The bidding war between Starwood Capital Group and D.R. Horton over which real estate giant would buy residential and mixed-use real estate developer Forestar Group is now over. And D.R. Horton won. After weeks of negotiating, D.R. Horton will buy 75% of the Forestar’s shares for a total purchase price of approximately $560 million.
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  • Forestar preparing to spurn Starwood Capital after D.R. Horton improves its offer

    Both companies up acquisition offers, but Forestar now favors homebuilder

    Thanks to a bidding war between two real estate giants, Forestar Group and its shareholders find themselves squarely in the catbird’s seat. As recently as one day ago, Forestar said that it still planned to sell itself to Starwood Capital Group for $15.50 per share despite D.R. Horton attempting to swoop in and buy 75% of the company for a higher price, $16.25 per share. But things can change quite a bit in 24 hours.


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  • Starwood Capital ups its offer for Forestar as battle with D.R. Horton intensifies

    Each company wants to buy Forestar, but who will win?
    There’s a battle brewing between two real estate titans as Starwood Capital Group and D.R. Horton are both angling to acquire Forestar Group, a residential and mixed-use real estate developer. Starwood wants to buy the company for $14.25 per share, while D.R. Horton wants to buy 75% of the company for $16.25 per share. But Thursday, Starwood upped the ante by raising its offer for Forestar.
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