Starwood, Morningstar form powerful partnership in self-storage sector - South Florida Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Starwood Real Estate Income Trust, Inc. ("SREIT"), a non-listed REIT managed by a subsidiary of Starwood Capital Group ("Starwood Capital"),.
Starwood Real Estate Income Trust and Morningstar Properties announced the formation of a joint venture to own and operate assets in the self-storage sector.
MIAMI, FL - Starwood Real Estate Income Trust, a non-listed REIT managed by Starwood REIT Advisors, L.L.C., a subsidiary of Starwood Capital Group, announced the acquisition of a multifamily housing portfolio of 15,460 units located in 62 communities from Strata Equity Group, a privately held real estate investment and management company based in San Diego. Terms of the transaction were not disclosed.
The acquired portfolio is located in 27 markets across 10 states, primarily in the Southeast.
Starwood Heats Up Monmouth Bidding War with Equity therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.