Starwood Capital Joins Center for Real Estate Finance as an Industry Fellow
Jane Henion, 607.255.9780, firstname.lastname@example.org
Global investment firm Starwood Capital Group has become an Industry Fellow of the Center for Real Estate Finance (CREF) at the Cornell School of Hotel Administration. The company will provide financial support to the center, benefit from the research findings of CREF faculty, and inform the development of CREF programming.
Starwood Capital Group is a private, U.S.-based investment firm with a core focus on global real estate. Since its inception in 1991, the firm has invested over $8 billion of equity capital, representing over $26 billion in assets. Starwood Capital Group currently has approximately $16 billion of assets under management. The company maintains nine offices around the world and has invested in nearly every class of real estate, including office, retail, residential, senior housing, golf, hotels, resorts, and industrial assets. Starwood Capital was recently named PERE's (Private Equity Real Estate magazine's) North American Real Estate Firm of 2010.
"We are delighted to welcome Starwood Capital Group to the Industry Fellows Program. Starwood's expertise in global real estate will be important to the advancement of the center and the education of our students," said Jan deRoos, HVS Professor of Hotel Finance and Real Estate and executive director of CREF.
The CREF Industry Fellows program is the cornerstone of the center's outreach efforts. The program helps fund the annual Cornell Real Estate Case Competition, seminars on current industry topics, student travel to real estate investment conferences, as well as faculty research. The third meeting of the Industry Fellows was held in January during the Americas Lodging Investment Summit in San Diego.