Spate of billion-dollar deals kicks off new year
If the first 31 days of the year are any indication, 2013 could be a banner year for big deals. A flurry of billion-dollar real estate deals were consummated or announced in January, including:
• Starwood Property Trust and Starwood Capital Group purchased LNR Property for a total purchase price of $1.05 billion.
• Hunt Investment Management purchased a $1.2 billion multifamily real estate portfolio from The Tuckerman Group.