MIRA INFORM REPORT

 

 

 

Report Date :

20.09.2008

 

IDENTIFICATION DETAILS

 

Correct Name :

STARWOOD CAPITAL GROUP, L.L.C.

 

 

Registered Office :

591 West Putnam Avenue, Greenwich, CT 06830

 

 

Country :

United States

 

 

Date of Incorporation :

04.03.1996

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Private Investment Firm

 

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 


 

Company name 

 

STARWOOD CAPITAL GROUP, L.L.C.

 

Address 

 

591 West Putnam Avenue, Greenwich, CT 06830 – USA

Telephone :       203-422-7700

Fax :                 203-422-7784

Website :          www.starwoodcapital.com

 

 

summary

 

Corporate ID# :

State :

 

Judicial form :

 

Date founded :

 

Stock :

Value:

 

Name of manager:

 

 

0531755

Connecticut

 

LLC

 

March 4, 1996

 

-

-

 

Barry STERNLICHT

 

ACTIVITIES & OPERATIONS

 

Business

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Staff:

 

 

Starwood Capital is a private investment firm that was founded in 1991. Since its inception, Starwood Capital has completed more than 200 transactions representing assets in excess of $19 billion.

Public companies created by Starwood Capital have gone on to acquire, often with Starwood’s assistance, an additional $20 billion in assets.

 

 

Starwood Capital’s roots are in the real estate markets, but its investment discipline applies across all investment classes. Emphasizing risk and return, Starwood Capital, during its 16-year existence, has changed its investment focus across all asset classes, geographic regions (not only in the United States but around the world) and different parts of the capital structure. Starwood has always strived to achieve the best risk adjusted return.

 

130 (for the Company) - 535 (for the group)

 

 

 

 

 

Operations

& branches:

 

 

At above address, we find the Corporate office.

 

The Company maintains branches located:

 

400 Galleria Parkway, Suite 1450
Atlanta GA 30339
PHONE: 770-563-1100
FAX: 770-541-7341

455 Market Street, Suite 2200
San Francisco CA 94105
PHONE: 415-247-1220
FAX: 415-348-1277

 

and offices in Luxemburg, London and Tokyo.

 

 

SHAREHOLDERS & MANAGERS

 

 

Shareholders :

 

 

This is a privately held and managed company.

 

 

Management :

 

 

 

Barry S. STERNLICHT is the President and CEO.

For the past 16 years, Mr. Sternlicht has structured more than 200 separate real estate investment transactions with an asset value of more than $30 billion.

Through 2005, Mr. Sternlicht was Chairman and CEO of Starwood Hotels & Resorts Worldwide, Inc., a company he founded in 1995. Today, Starwood Hotels is one of the leading hotel and leisure companies in the world with more than 800 properties in 80 countries.

 

 

Mr. Sternlicht received his BA, magna cum laude, with honors from Brown University. He later earned an MBA with distinction from Harvard Business School.

Mr. Sternlicht is a trustee of Brown University and Chairman of the Board of Baccarat. He serves on the Board of Directors of National Golf, Field & Stream, and The Estée Lauder Companies. Mr. Sternlicht is also on the National Advisory Board of JP Morgan Chase and the International Advisory Board of Eurohypo Bank. He also serves on the boards of the Juvenile Diabetes Research Foundation’s National Leadership Advocacy Program, Kids in Crisis, The Harvard Club, the Business Committee for the Arts, and the Center for Christian-Jewish Understanding.

He is a member of the Committee to Encourage Corporate Philanthropy, the Presidential Tourism & Travel Advisory Board, the Young Presidents Organization, the World Travel & Tourism Council, and the Urban Land Institute.

 

Jerome C. SILVEY is Executive Vice President and CFO.

Daniel W. YIH is Vice President and COO.

 

 

As far as we know, he is they are not involved in other local business.

 

 

Subsidiaries &

Partnership :

 

None

 

 

FINANCIALS

 

In United States, privately held corporations are not required to publish any financials.

 

On a direct call, a Secretary controlled the present report.

 

Sales declared for year 2007 is USD 38,800,000=

 

The business is said to be profitable.

 

 

Banks 

 

US Bancorp

JP Morgan Chase

 

 

LEGAL FILINGS

 

Legal filings & complaints :

 

 

As of today date, there is no legal filings pending with the

District Courts.

 

 

Secured debts summary (UCC) :

 

There are several UCC files listed.

 

 

MARKET ANALYSIS & FORECAST

 

In the United States, during the year 2007:

- 80% of the corporations in same branch were developing the business on a low risk of late payment,

- 16%, on a medium risk, and

-   4% on a high risk of late payment.

 

-   4% of them saw sales stable versus last 3 years

- 96% declining

 

A high percentage of late payment may indicate that companies in this industry are experiencing cash flow problems, that suppliers generally accept late payment as part of doing business, or that on-time payment is not customary in this industry.

Companies entering such markets should not expect to be paid on time.

 

The market appears to be slow.

 


COMPANY CREDIT HISTORY

 

According to our credit analysts, during the last 6 months, 94% of trade experience indicates a regular payment.

Payments of imports are currently made with an average of 2 to 5 days beyond terms.

 

The Company maintains a regular business.

 

The banks and financial institutions confirmed a correct credit history.

 

The risk is low.

 

 

Our opinion:

 

A business connection may be conducted.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.46.71

UK Pound

1

Rs.83.57

Euro

1

Rs.65.90

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions