STARWOOD CAPITAL GROUP, CRESCENT REAL ESTATE AND HIGH STREET REAL ESTATE PARTNERS SELL 1 HOTEL AND EMBASSY SUITES NASHVILLE TO HOST HOTELS AND RESORTS [Yahoo! Finance]
Barclays PLC (BCS)
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Source: Yahoo! Finance
MIAMI and FORT WORTH, Texas and ATLANTA May 1, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital"), Crescent Real Estate LLC ("Crescent") and High Street Real Estate Partners ("High Street") today announced that controlled affiliates have completed the sale of the 1 Hotel and Embassy Suites in Nashville, Tennessee , to Host Hotels and Resorts, a lodging real estate investment trust and owner of luxury and upper-upscale hotels. Terms of the transaction were not disclosed. "Our successful development of 1 Hotel and Embassy Suites, together with our partners at Crescent, further demonstrates the strength of our hospitality platform and our commitment to bringing eco-friendly, luxury guest experiences to market," said [ Barry Sternlicht , Chairman and CEO] of Starwood Capital and founder of 1 Hotels, the mission-driven luxury lifestyle hotel brand. "This award-winning project has quickly risen to be one of the top performing hotel developments in Nashville and I am confide
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