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Alternative Assets  + Real Estate  |  March 4, 2025
Starwood Strategic Partners Closes Investment in VANA Partners 
Joe Palmisano
By: Joe Palmisano

Starwood Strategic Partners Closes Investment in VANA Partners 

Starwood Strategic Partners (SSP), an investment platform under Starwood Capital Group’s umbrella, has finalized a deal to invest in VANA Partners, a real estate platform focused on extended stay hotels. The tie-up gives VANA capital along with strategic input, including board seats and operational support. Terms of the transaction were not disclosed. 

The partnership backs SSP’s mission of supporting early to mid-stage real estate managers with growth potential. VANA, founded in 2022 by Dubi and Chuchu Ajukwu, brings expertise from institutions like The Related Companies, Tishman Speyer, Global Infrastructure Partners, Morgan Stanley, and J.P. Morgan. 

“We are thrilled to partner with Starwood Capital, one of the leading hospitality investors in the world, to drive our firm’s growth and strategy,” said Dubi Ajukwu. “Their expertise and strategic support will be invaluable in helping us differentiate ourselves within the extended stay hotel segment.”  

Bakari Adams, managing director at Starwood Capital and head of SSP, emphasized the strategic nature of the partnership and their commitment to backing institutionally minded firms. 

Since its inception in 1991, Starwood Capital Group has raised over $80 billion of capital and currently has approximately $115 billion of assets under management. 

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Inside The Story

Starwood Capital GroupVANA Partners

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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