29 West 35th Street Acquired by Starwood Property Trust | Real Estate Services M&A Deal

Starwood Property Trust has completed the acquisition of 29 West 35th Street, a real estate services other business in New York, for $41 million. Starwood Property Trust acquisitions focus on repositioning and operating real estate assets, and the 29 West 35th Street acquisition supports Midtown South redevelopment plans in NYC. The target property is positioned for apartment conversion activity tied to the Midtown South rezoning, aligning with real estate services M&A strategies and NY acquisitions. The divestiture acquisition is categorized as real estate services deals NY and private equity acquisition, with deal size reported in the $25M–$50M range and a closed status.