The first step for many companies looking to ramp up efforts to increase diversity and inclusion: hiring a diversity officer. The MBA’s diversity officer has some other suggestions too.
“You can cut people in five minutes but if you need to rehire them, you’re going to have a tough time getting them back,” said industry consultant Paul Hindman.
Blackstone Real Estate Partners and Starwood Capital will be using proceeds from the mortgage loan to acquire Extended Stay America’s portfolio, fund working capital and pay closing costs.