LNR Property, which in April was acquired by Starwood Property Trust and Starwood Capital Group, has laid off 47 employees.
The layoffs are the result of LNR's integration into Starwood and are said to have been part of an effort to "right-size" the company. As property markets have improved, the volume of loans that the Miami special servicer handles has shrunk, to $18.1 billion as of the end of May, from more than $25...
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