MIAMI, May 28, 2024
/PRNewswire/ -- Starwood Capital Group ("Starwood Capital"), a
global private investment firm with a primary focus on real estate,
today announced that Matt Smith will
join the firm in June as Managing Director, Head of U.S.
Residential Asset Management. In this role, Mr. Smith will oversee
the Firm's existing ~107,000-unit market rate and affordable
housing multi-family portfolio as well as Highmark Residential,
Starwood Capital's multi-family property management affiliate.
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Mr. Smith has held senior positions at various real estate
private equity firms and multi-family investment firms. He was a
Managing Partner for six years in Brookfield's Real Estate Group,
where he led portfolio management for a $21
billion multifamily portfolio. In previous roles, Mr. Smith
was an Executive Vice President at the Related Companies, and held
senior positions at AvalonBay and Archstone. Most recently, Mr.
Smith was a Managing Principal and Head of Portfolio Management at
FrontRange Capital across multi-family, student housing, and other
sectors. Mr. Smith earned a Master of Business Administration from
the Stern School of Business at New York
University and a Bachelor of Arts in Economics from the
University of Pennsylvania.
About Starwood Capital Group
Starwood Capital Group is
a private investment firm with a core focus on global real estate.
The Firm and its affiliates maintain 16 offices in seven countries
around the world, and currently have approximately 5,000 employees.
Since its inception in 1991, Starwood Capital Group has raised
over $75 billion of capital, and currently has
approximately $115 billion of assets under management.
Through a series of comingled opportunity funds and Starwood Real
Estate Income Trust, Inc. (SREIT), a non-listed REIT, the Firm has
invested in virtually every category of real estate on a global
basis, opportunistically shifting asset classes, geographies and
positions in the capital stack as it perceives risk/reward dynamics
to be evolving. Starwood Capital also manages Starwood Property
Trust (NYSE: STWD), the largest commercial mortgage real
estate investment trust in the United States, which has successfully deployed
over $97 billion of capital since inception and manages a
portfolio of $27 billion across debt and equity
investments. Over the past 32 years, Starwood Capital Group and its
affiliates have successfully executed an investment strategy that
involves building enterprises in both the private and public
markets. Additional information can be found at
starwoodcapital.com.
About Highmark Residential
Highmark Residential, a
subsidiary of Starwood Capital Group, is one of the country's
largest multi-family property management firms, with over 400
communities throughout the United States. Highmark Residential
is headquartered in Dallas, TX and
has approximately 2,500 employees across 18 offices. Additional
information can be found at highmarkres.com.
Media Contact:
Tom Johnson / Dan Scorpio
H/ Advisors Abernathy
(212) 371-5999
tom.johnson@h-advisors.global / dan.scorpio@h-advisors.global
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SOURCE Starwood Capital Group