Will Starwood Urban's funky portfolio fetch a superfunky $500 million?
"A group of properties has arrived on the market... a strangely unique collection worth mentioning, because its sale could help shape a new institutional market and an urban vision that is less corporate than what currently prevails... The properties in question are the holdings of Starwood Urban LLC.. began buying up properties in edgy urban neighborhoods along the Northeast corridor, reinvesting in and retenanting them with an eye toward youth-oriented design and lifestyle."
Thanks to Peter Slatin
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