From the June issue: The 286-room James hotel has yet to open, but it’s already on the chopping block. CIM Group is nearing a deal to sell the West Hollywood property to Barry Sternlicht’s Starwood Capital for close to $975,000 a key, bringing the total sale price to nearly $280 million, though there is no hard contract yet. Spring cleaning at the Blackstone Group means a massive payday. The investment firm closed on the sale of a […]