Starwood Loses Monmouth Bid in ‘Highly Disappointing’ Loss to Sam Zell
Sam Zell1,Barry Sternlicht0.
After making an unsolicited offer for industrial giant Monmouth Real Estate Investment Corporation, Starwood Capital Grouphas come up empty-handed and full of feedback.
Starwood, spearheaded by CEO Sternlicht, offered an all-cash…