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Towns, trains and water are the keys to development in Westchester

Westchester has morphed from a sleepy bedroom community that rarely saw any interest from developers outside the county to a vibrant county attracting major developers.

Starwood Capital acquires UK hotel group

A fund affiliated with Starwood Capital Group has finalized an acquisition of Principal Hayley Group, a London-based hotel and conference center company, the firms announced Feb. 27.

Starwood firms reach $1B deal with distressed property company

Starwood Property Trust Inc. and Starwood Capital Group, both led by billionaire investor and Greenwich resident Barry S. Sternlicht, will acquire distressed property manager LNR Property L.L.C. for $1.05 billion in cash, the companies announced Jan. 24.