Billionaire real estate investor Barry Sternlicht says he expects at least one bank failure per week due to real estate loans: ‘That’s a fragile animal right now’
Barry Sternlicht, co-founder, chairman, and CEO of the $115 billion real estate giant Starwood Capital Group, is worried ...
The New York Times20d
Barry Sternlicht Is Reviving the Starwood Hotel Brand
Now, he wants to give it another go. By Michael J. de la Merced Barry Sternlicht made a fortune building Starwood Hotels and Resorts, which birthed successful brands like W Hotels, into a giant of ...
Skift18d
Barry Sternlicht Brings Back Starwood Brand – Full Timeline
Barry Sternlicht's first attempt at building a hotel empire worked out pretty well: He started Starwood in 1991 with $20 million, and eventually sold a 1,300-property empire to Marriott for about ...
Billionaire Barry Sternlicht predicts weekly bank closures as the real estate sector battles high interest rates and inflation
Billionaire Barry Sternlicht offered an ominous prediction about America's regional banks amid a coming commercial real ...
Business Insider11mon
The Fed 'went crazy' with rates and did big damage to the real estate market, billionaire mogul Barry Sternlicht says
The commercial real estate market is hurting, and that's largely thanks to the Federal Reserve's aggressive rate hikes which have battered the economy, real estate billionaire Barry Sternlicht said.
Bisnow18d
Barry Sternlicht Revives Starwood Hotels With Global Expansion Plans
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 $ ...
The Business Journals14d
Billionaires, financial giants among investors in $6.5 million Miami GreenLight fund
Backed by top financial firms and billionaire philanthropists, including Bain Capital, Bank of America, Barry Sternlicht, Daniel Och, Deloitte, Goldman Sachs, JPMorgan, Mackenzie Scott ...