Announced
Synopsis
Investment companies The Blackstone Group and Starwood Capital agreed to acquire 11 WoodSpring Suites hotel properties from Brookfield Asset Management, an investment management company, for $1.5bn. The acquisition of the WoodSpring Suites properties by Blackstone and Starwood follows their joint purchase of Extended Stay America for $6bn last year, another deal for a long-term-stay operator where the two firms split the ownership in half.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.