Barry Sternlicht's Starwood Buys Affordable Housing Near Lantana

Starwood Capital Group's Barry Sternlicht and Villas at the Cove Crossing at 2738 Lantana Road and 2735 Donnelly Drive in Lantana (Getty Images, Go...

August 26, 2022
9:14 AM

Starwood Capital Group's Barry Sternlicht and Villas at the Cove Crossing at 2738 Lantana Road and 2735 Donnelly Drive in Lantana (Getty Images, Google Maps) Barry Sternlicht's Starwood Capital Group scooped up an affordable housing complex near Lantana, adding to its portfolio of low-income rentals in Palm Beach County. Starwood, through an affiliate, bought the 94-unit Villas at the Cove Crossing at 2738 Lantana Road and 2735 Donnelly Drive for $16 million from an entity tied to Equity Management Partners, according to records.

Steven Dilakian