Real Estate
Even in the face of rejection, Barry Sternlicht’s Starwood Capital is nothing if not persistent. In the latest salvo in an ongoing bidding war over Monmouth Real Estate, Starwood again upped its yet-unsuccessful takeover offer for the Holmdel, New Jersey-based REIT on Wednesday, offering a net consideration of $19.20 per share in cash. Starwood’s proposed takeover of Monmouth appeared to be a thing of the past. Despite the investment firm’s last-second bid for the company The post Starwood ups offer for Monmouth Real Estate amid pushback on Zell deal appeared first on The Real Deal New York.

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