Sternlicht's Starwood plans to buy Waypoint management arm-report
September 17, 2013 at 20:24 PM EDT
Sept 17 (Reuters) - Real estate mogul Barry Sternlicht's Starwood Property Trust Inc is planning to buy the management arm of Waypoint Homes Inc to expand its single-family rental business, Bloomberg reported on Tuesday, citing three people with knowledge of the deal.