Like Mark Twain, reports of East West Partners’ demise are greatly exaggerated, said Harry Frampton.
East West Partners announced Monday a joint venture with the Starwood Capital Group for the Union Station neighborhood redevelopment project in downtown Denver. They’re looking around the country for other urban opportunities, said Frampton, managing partner and founder of East West Partners.
The Starwood deal comes on the heels of East West’s deal with KSL Capital.
“We have known and worked with the principals of KSL for many years, and we share a mutual admiration for our respective teams’ capabilities and experience. Together, we have the ability to build on each other’s strengths and take advantage of some exciting opportunities,” Frampton said.
The two new partnerships come as East West found itself incorrectly tagged in published reports about the plunge in the Northern California tourist market, Frampton said.
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