Starwood Waypoint Residential Trust, a private investment firm, completed the merger with Colony American Homes, A COMPANY SPECIALISING in the acquisition, ownership, renovation, leasing and management of single-family residential homes in the United States, in a £4.9bn deal. “This merger is a transformative event for SWAY and for our industry. Combining two best-in-class teams, with a superior portfolio of homes in carefully selected geographic markets, positions us to deliver long-term capital appreciation for our shareholders while earning compelling current yields at or above those currently achievable in other major real estate asset classes,” Barry Sternlicht, Starwood Capital Group CEO.