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Anthony Balestrieri will lead the opportunity zone investment business for global real estate investor Starwood Capital Group.
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The acquisition from a JBG fund represents Starwood's second purchase in the area around Amazon HQ2 this year.
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Starwood pays £106M for UK and German REIT.
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Starwood Capital Group has acquired downtown Boston's 60 State St., a tower with 911K SF of office and retail space, along with an underground parking garage.
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Starwood: the latest major investor to raise billions for crisis-time CRE plays.
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Starwood has lost control of seven U.S. major malls after defaulted on CMBS.
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Starwood Capital Group submitted a bid to acquire Monmouth Real Estate Investment Corp., potentially blocking the deal Monmouth made with Equity Commonwealth.
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Starwood Capital Group sweetens its bid for the REIT Monmouth.
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Starwood's Manchester deal could be the first of many in the city.
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Starwood closes on a $10B fund to buy distressed commercial properties worldwide.
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