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People - JANUARY 31, 2019

Starwood Capital hires executive to lead new opportunity zone investment business

by Released

Starwood Capital Group has hired Anthony Balestrieri as a senior vice president to lead Starwood Capital’s opportunity zone investment business.

Balestrieri will be responsible for identification of investment opportunities and structuring transactions to ensure the success of Starwood Capital’s ongoing investments in opportunity zones.

Starwood Capital currently has 58 properties located in these zones. Starwood Capital will focus its opportunity zone strategy on markets in regions where the firm has developed a strong real estate presence, including the West Coast, Southeast and large metropolitan markets such as New York City and Washington, D.C. Starwood Capital is well positioned in many of these markets and will continue to actively invest in, reposition and develop real estate assets in these communities.

Balestrieri joins Starwood from MetLife Real Estate Investors, where he most recently served as director and head of acquisitions in Washington, D.C.

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