Showing Results for tag: Blackstone

GCP agrees to consortium takeover

News Story / 20 July 2021

UK: Real Estate Investment Trust, GCP Student Living, has accepted a takeover offer by a consortium funded by its largest shareholder.

ESA faces shareholder lawsuit

News Story / 09 July 2021

US: Extended Stay America is facing a lawsuit from one of its shareholders, a Michigan pension fund, after its recent sale.

ESA acquisition financed by mega-loan

News Story / 22 June 2021

US: Blackstone and Starwood Capital have part funded their acquisition of Extended Stay America with a $4.65 billion loan.

ESA director nominees go public against proposed $6 billion sale

News Story / 26 May 2021

US: Three directors who have been nominated to the board at Extended Stay America Inc by said on Tuesday that a proposed sale undervalues the company and they can help create value as board members if the company remains independent.

ESA shareholder vote set for June 8

News Story / 27 April 2021

US: Extended Stay America set June 8 as the date for a shareholder vote on its $6 billion acquisition by a 50/50 joint venture between Blackstone Real Estate Partners and Starwood Capital Group.

Shareholder opposition to ESA sale grows

News Story / 24 March 2021

US: Several major shareholders in Extended Stay America have expressed their opposition to the proposed sale of the company to a Starwood Capital/Blackstone JV.

Boston area Residence Inn changes hands

News Story / 19 February 2019

US: Sawyer Realty Holdings has acquired the Residence Inn Boston Tewksbury/Andover in Tewksbury, Massachussetts, for $12 million.

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