Barry Sternlicht’s Starwood Scoops Up More Miami-Dade Affordable Housing
Barry Sternlicht’s Starwood Asset Management has bought two more affordable housing properties in Miami-Dade County, following two acquisitions last week, bringing the total to $115.4 million and 570 units. The investment firm purchased the remaining piece of the Lafayette…
Barry Sternlicht’s Starwood Asset Management has bought two more affordable housing properties in Miami-Dade County, following two acquisitions last week, bringing the total to $115.4 million and 570 units. The investment firm purchased the remaining piece of the Lafayette…
BELLINGS Intelligence Score: 12
Why it matters
This is a routine real estate investment transaction involving affordable housing acquisitions by a known asset manager, with limited broader market impact or novelty.
Sources
Commercial Observer
Barry Sternlicht’s Starwood Scoops Up More Miami-Dade Affordable Housing
Barry Sternlicht’s Starwood Asset Management has bought two more affordable housing properties in Miami-Dade County, following two acquisitions last week, bringing the total to $115.4 million and 570 units. The investment firm purchased the remaining piece of the Lafayette…