Gaia, Starwood Acquire and Recapitalize 9,500-Unit Multifamily Portfolio

Gaia Real Estate and an affiliate of Starwood Capital Group agreed to invest $ 22.5 million of new equity to acquire and recapitalize PJ Finance Co., which filed for Chapter 11 bankruptcy protection in March 2011 and reemerged as a going concern on May 11, 2012. PJ Finance’s ass
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Starwood Hotels Sells Atlanta Perimeter Hotel & Suites

Le Meridien Hotel (Atlanta, GA) – Starwood Hotels & Resorts Worldwide announced that it has completed the sale of the 275-room Atlanta Perimeter Hotel & Suites to RockBridge Partners, a division of RockBridge. The property, which will be franchised, is located just north
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