By: Benzinga
Starwood Property Trust and Starwood Capital Group to Acquire LNR Property LLC for $1.05B in Cash
Starwood Property Trust (NYSE: STWD ) and Starwood Capital Group, on behalf of Starwood Distressed Opportunity Fund IX, today announced that they have entered into a definitive agreement to acquire LNR Property LLC ("LNR") for a total purchase price of $1.05 billion in cash. LNR, founded in 1969, is
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