Starwood Capital Group is facing allegations that it misled investors about the risks of its Israeli bonds that backed struggling shopping centers in the U.S. The lawsuit stems from the struggles facing Starwood’s mall portfolio, where vacancy rates have increased and net operating income dipped, according to Wall Street Journal. It also adds to the challenges facing investors who bought debt in the once booming Israeli-bond market as the market has now soured. Two groups […]
source https://therealdeal.com/miami/?p=526715#new_tab
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