Show Me The Waypoint! Starwood Property Trust To Spin Off Its Residential REIT Starwood Waypoint Residential Trust
Sometimes rumors and hints actually turn into reality. We noted last May that real estate wizard Barry Sternlicht, Chairman of Starwood Property Trust (STWD), hinted at a possible spinoff of a residential REIT during a company conference call. Just a few months later the company made it official and announced that its board of directors approved the spin off… Read More »