Starwood Property Trust CEO Barry Sternlicht, long a critic of the Federal Reserve's tight monetary policy, blasted the central bank and Fed Chairman Jerome Powell again during the company's ...
Barry Sternlicht is launching a new hotel business, but it’s got an old name. Sternlicht has spent the last decade leading Starwood Capital, the Miami-based private equity firm with roughly $115B in ...
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Barry Sternlicht says the loss of office values in recent years is in the trillions of dollars. The Starwood Capital Group head recently spoke of the “existential crisis” facing the American office ...
Starwood Property Trust in the fourth quarter served up both good and bad news. The REIT reported higher loss reserves and an uptick in assets taken back by the lender, largely driven by the ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Starwood is purchasing a company ...
"You don't have to see the car hit the wall to know that it's going 8,000 miles an hour and it will hit the wall," Sternlicht says. The Fed is like a "neutron bomb," he says: "Everything else will be ...
Barry Sternlicht warned Thursday that a sharp economic downturn is coming in the US. The billionaire investor also slammed the Federal Reserve's heavy-handed approach to interest-rate hikes. Jerome ...
Barry Sternlicht did something almost nobody in commercial real estate can do: He raised money by selling shares in his business. Starwood Property Trust, a mortgage-debt investor, raised $380 million ...
Barry Sternlicht's company just defaulted on a $200 million mortgage backed by an Atlanta office tower. The mortgage matured on July 9, but Starwood Capital was unable to refinance or clear the debt.
Barry Sternlicht said that his New York team is considering leaving the city. Billionaire real estate investor Barry Sternlicht has warned that New York City could "turn into Mumbai" under the ...
The economy is in trouble due to the Fed's aggressive monetary tightening, according to Barry Sternlicht. The billionaire Starwood CEO predicted a coming recession and "Category 5 hurricane" in the ...
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