Posts From King World News

Starwood Capital to buy apartment units worth $5.37 billion

(Reuters) – Private investment firm Starwood Capital Group has agreed to buy 72 properties from real estate company Equity Residential for about $5.37 billion, the companies said on Monday. The deal, which comprises 23,262 apartment units, is expected to close in the first quarter of 2016. (Reporting by Ankit Ajmera in Bengaluru; Editing by Robin Paxton)

Starwood Capital to buy apartment units worth $5.37 billion

(Reuters) – Private investment firm Starwood Capital Group has agreed to buy 72 properties from real estate company Equity Residential for about $5.37 billion, the companies said on Monday. The deal, which comprises 23,262 apartment units, is expected to close in the first quarter of 2016. (Reporting by Ankit Ajmera in Bengaluru; Editing by Robin Paxton)