Last Updated: March 14, 2006 09:09pm ET

Starwood Capital Launches Residential/Resort Venture

By John Jordan

GREENWICH, CT-Starwood Capital Group forms a new subsidiary--Starwood Land Co. LLC--that will oversee the development of the locally based firm’s residential and resort investments in the eastern US and the Caribbean. Starwood taps James D. Motta, a former CEO of St. Joe/Arvida Co., to head the new enterprise.

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