Category: real estate

A Starwood Capital Hotel Coming to Port Chester, NY?

| October 9, 2007 | 0 Comments
A Starwood Capital Hotel Coming to Port Chester, NY?

It looks like Starwood Capital Group is looking to build one of their three hotel brands in Port Chester, NY – on the grounds of the former New York United Hospital Medical Center which has been closed since February 2005. An article in Monday’s The Journal News states that Starwood Capital purchased the 14 acre [...]

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Starwood Capital’s new division: Starwood Land Ventures, LLC

| September 12, 2007 | 0 Comments

Yesterday I came across a news bit on the PR Newswire: Starwood Capital Group and John Peshkin Form New Joint Venture to Focus on Land Acquisitions Starwood Capital Group Global, LLC, a leading international development and real estate investment firm, announced today the formation of Starwood Land Ventures, L.L.C., a new joint venture with John [...]

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Atlantic City Gets It’s First Boutique Hotel – The Chelsea!

| September 6, 2007 | 0 Comments
Atlantic City Gets It’s First Boutique Hotel – The Chelsea!

UPDATED: 9/21/10 -  Go here for information on the Ritz-Carlton Atlantic City featured in HBO’s Boardwalk Empire? UPDATED: 9/10/07 – I was contacted by LaForce + Stevens, the PR agency for the developer and was told that the name of the development will be ”The Chelsea” and NOT The Chelsea House, I have updated this post to reflect that. [...]

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More on Casino Investments

| September 4, 2007 | 0 Comments

Yesterday I posted a pretty lengthy entry about how casinos are the “next big thing” in real estate investment, and in that post I made some pretty bold predictions about how I thought that Starwood Capital would probably get involved in investing in casino developments… Well – today I came across a number of news articles (some [...]

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Morgan Stanley Building a Ultra-Luxury Casino in Atlantic City

| September 3, 2007 | 0 Comments

Major investment firms such as Goldman Sachs, Morgan Stanley, Credit Suisse as well as other investment/hedge funds are starting to invest in industries outside of the financial industry. Real Estate for one, has become one of the most popular forms of investment by these firms, look at Blackstone, earlier this year they made the largest  [...]

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Asbury Park, NJ’s Renaissance

| August 29, 2007 | 5 Comments

Even if you are not from New Jersey, or even the East Coast – there is a good possibility that you have heard of Asbury Park, NJ.. You may be familiar with it as the “Birthplace” of Bruce Springsteen (actually, he was born and grew up in Freehold, NJ, but he was first noticed at [...]

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Starwood Capital Keeps Growing

| August 26, 2007 | 0 Comments

I read a lot, I get two newspapers delivered to my door every morning, I have a subscription to the Wall Street Journal online, and I frequently read the NYTimes.com throughout the day – that’s in addition to the 170-odd feeds that I’m subscribed too in Google Reader (usually averaging about 150 posts a day).. [...]

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