A Manhattan lawyer who’s spent his career battling Chevron Corp. over pollution in Ecuador said he may collect as much $600 million in fees if his court victory in the South American nation is enforced.
Starwood Property Trust Inc., a real estate investment trust with access to capital, lacked in-house management for its single-family rental homes. Waypoint Real Estate Group, one of the first large rental-house investors, was stymied this year when it tried raise money by going public. Now the two companies are getting together.
Edmund de Waal, author of “The Hare With Amber Eyes,” which retraces the adventures of a family collection of netsuke, has filled Manhattan’s Gagosian Gallery on Madison Avenue with his porcelain pots.
Starwood Property Trust Inc. said it will spin off its single-family rental-home unit into a real estate investment trust headed by Waypoint Real Estate Group’s management division, which is being acquired in the deal.