NEW YORK November 4, 1999 Starwood Financial
Inc. (NYSE: SFI) announced today that the merger of TriNet Corporate Realty Trust, Inc.
with a subsidiary of Starwood Financial has been completed, creating the largest
publicly-traded finance company focused exclusively on the commercial real estate
industry. Starwood Financial, which was formerly known as Starwood Financial Trust and was
externally advised, also stated that it is now a self-advised company.
Beginning today, Starwood Financial will trade on the New York Stock
Exchange under the symbol "SFI." Previously, Starwood Financial traded under the
symbol (ASE: APT) and TriNet Corporate Realty traded under the symbol (NYSE: TRI).
Starwood Financial Inc. is the largest publicly-traded finance company
focused exclusively on the commercial real estate industry. The companys mission is
to maximize risk-adjusted returns on equity by providing innovative and value-added
financing solutions to the real estate industry. The company, which is taxed as a real
estate investment trust, provides structured mortgage, mezzanine and lease financing
through its proprietary origination, acquisition and servicing platform.
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