[Federal Register Volume 64, Number 225 (Tuesday, November 23, 1999)]
[Notices]
[Pages 65745-65746]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-30545]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw from Listing 
and Registration; (Starwood Financial Trust, Class A Shares of 
Beneficial Interest, Par Value $1.00) File No. 1-10150

November 17, 1999.
    Starwood Financial Trust (``Trust''), has filed an application with 
the Securities Exchange Commission (``Commission''), pursuant to 
Section 12(d) of the Securities Exchange Act of 1934 (``Act'') and Rule 
12d2-2(d) promulgated thereunder, to withdraw the security specified 
above (the ``Trust Shares'') from listing and registration on the 
American Stock Exchange LLC (``Amex'' or ``Exchange'').
    On November 3, 1999, the Trust completed an incorporation merger 
whereby it (1) converted from a Maryland real estate investment trust 
to a Maryland corporation, (2) changed its name from Starwood Financial 
Trust to Starwood Financial Inc. (``New Corporation''), and (3) 
converted the Trust Shares, as well as its Class B shares of beneficial 
interest, into common stock of the New Corporation (``New Corporation 
Stock''). At 12:01 A.M. on November 4, 1999, a subsidiary of the New 
Corporation merged with and into TriNet Corporate Realty Trust, Inc. 
(``TriNet''), with TriNet surviving as a wholly owned subsidiary of the 
New Corporation.
    The Trust Shares have been listed on the Amex and, pursuant to a 
Registration Statement on Form 8-A filed with the Commission which 
became effective on November 2, 1999, the New Corporation Stock has 
been listed on the New York Stock Exchange, Inc. (``NYSE''). Trading in 
the New Corporation Stock commenced on the NYSE at the opening of 
business on November 4, 1999.

[[Page 65746]]

    The Trust has complied with Amex Rule 18 by filing with the 
Exchange a certified copy of the preambles and resolutions adopted by 
the Board of Trustees on June 15, 1999, authorizing the withdrawal of 
the Trust Shares from listing on the Exchange and by setting forth in 
detail to the Amex the reasons for such proposed withdrawal and the 
facts in support thereof. The Amex has advised the trust that it would 
not interpose any objection to the withdrawal of the Trust Shares from 
listing on the Exchange.
    The Trust's application relates solely to the withdrawal of the 
Trust Shares from listing on the Amex and shall have no effect upon the 
continued listing and registration of the New Corporation Stock on the 
NYSE. Moreover, by reason of Section 12(b) of the Act and the rules and 
regulations of the Commission thereunder, the New Corporation shall 
continue to be obligated to file reports with the Commission under 
Section 13 of the Act.
    Any interested person may, on or before December 8, 1999, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street NW, Washington, DC 20549-0609, facts bearing upon whether 
the application has been made in accordance with the rules of the 
Exchange and what terms, if any, should be imposed by the Commission 
for the protection of investors. The Commission, based on the 
information submitted to it, will issue an order granting the 
application after the date mentioned above, unless the Commission 
determines to order a hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 99-30545 Filed 11-22-99; 8:45 am]
BILLING CODE 8010--01-M