California and Washington, together dubbed Starwood West. Between 2013 and 2014, Starwood also acquired three British hospitality groups: De Vere Group for 232 million, Four-Pillars Hotels for 90 million, and Principal Hayley Group for 360 million. In February 2014, Starwood Property Trust spun off Starwood Waypoint Residential Trust, a single-family rental real estate investment trust. In January 2016, Starwood Waypoint Residential Trust merged with Colony American Homes, creating Colony Starwood Homes. In 2017, it was merged into Invitation Homes. In March 2014, the firm acquired a stake in the A.S. Roma football club, and in October 2014, Starwood purchased 7 upscale malls in Virginia, Florida, North Carolina, Texas, and Michigan from Taubman Centers in a $1.4 billion transaction. In 2016, the company acquired 23,262 apartments from Equity Residential for $5.365 billion. In September 2017, Starwood invested $250 million in YOTEL for a 30% stake. In 2021, Starwood's mall holdings had decreased from thirty to eight with the impact of the COVID-19 pandemic on the retail industry, and the company selling some properties at a loss to reduce its $2 billion in CMBS mortgage debt. In 2022, CEO Sternlicht voiced strong criticism of the Federal Reserve for creating calamitous economic conditions by needlessly raising interest rates. Notable real estate investments References Financial services companies established in 1991 1991 establishments in Florida Companies based in Fairfield County, Connecticut Greenwich, Connecticut Investment companies of the United States Privately held companies based in Connecticut Real estate companies of the United States