Justin Smith

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    The company purchased the world's largest owner and operator of premier showroom space for the furnishings, home decor and gift industries from Bain Capital Private Equity and funds managed by Oaktree Capital Management.

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    The joint venture plans to upgrade the buildings in order to capitalize on the growing demand for quality space within the supply-constrained New York market.

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  • CBRE to Acquire Heery International

    The company is buying the project management solutions provider from Balfour Beatty LLC for $57 million. Heery President Theodore Sak and COO Glenn Jardine will remain on board when the deal closes later this year.

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    As of today, Sunstone has interests in 25 hotels comprised of 12,450 keys, operating under nationally recognized brands such as Marriott, Hilton and Hyatt.

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