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16 Things You Need to Know This Morning

16 Things You Need to Know This Morning
Starwood Capital To Buy Homebuilder
Forestar In $605M Deal
After selling its $150M in TRI Pointe Homes two weeks ago, Starwood Capital Group is back in the homebuilding business with a new $605M acquisition. Starwood just bought mixed-use developer Forestar Group Inc., which owns interests in 50 projects across 14 markets, for $14.25 per share, an 8.2% premium on its 90-day average stock price. 

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