_Economy and Finance

Westfield Sells 7 U.S. Malls to Starwood for $1.6 Billion By Nichola Saminather - Sep 16, 2013 Westfield Group (WDC), the world’s biggest shopping-center operator by assets, will sell seven malls in the U.S. for $1.6 billion to an affiliate of Starwood Capital Group LLC, as the company consolidates its U.S. portfolio to fund higher-return activities. http://www.bloomberg.com/news/2013-09-16/westfield-sells-seven-u-s-malls-to-starwood-for-1-6-billion.html

Starwood Capital Group Purchases Liberty Center in Pittsburgh Transaction includes Federated Tower and the Westin Pittsburgh GREENWICH, Conn., Aug. 2, 2013 /PRNewswire/ -- Starwood Capital Group, a leading global private investment firm focused on real estate, announced today that an entity controlled by Starwood Distressed Opportunity Fund IX has acquired Liberty Center, a prominent mixed-use office and hotel asset located in downtown Pittsburgh's "Golden Triangle." The property was acquired from a partnership that included Forest City Enterprises, Inc. and Jos. L. Muscarelle, Inc., for a gross selling price of $135 million. http://www.prnewswire.com/news-releases/starwood-capital-group-purchases-liberty-center-in-pittsburgh-218083091.html

Starwood Capital joins rivals in Europe's property loans market By: Chiara Albanese 07 Nov 2012 US real estate firm Starwood Capital Group has launched Starwood European Finance Company, a European real estate finance platform aiming at taking advantage of financing opportunities arising from the retrenching in bank lending in this space. http://www.investmenteurope.net/investment-europe/news/2223167/starwood-capital-joins-rivals-in-europes-property-loans-market

Starwood Capital hires Peter Denton in £1bn European lending drive Posted on April 26, 2012 11:45 am by James Wallace Starwood Capital, the global private equity real estate firm, has hired BNP Paribas’ Peter Denton to spearhead a £1bn European debt fund, with flexibility to invest across the capital stack. http://costarfinance.com/2012/04/26/starwood-capital-hires-peter-denton-in-1bn-european-lending-drive/

Starwood Capital brings in European real estate debt ‘point man’ Posted on October 20, 2011 1:21 pm Starwood Capital, the global private equity real estate firm, is moving Adam Shah over to London next month from its US headquarters to act as point man for real estate loan debt opportunities. http://costarfinance.com/2011/10/20/starwood-capital-brings-in-european-real-estate-debt-point-man/