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Sternlicht explains rationale behind gating Starwood REIT withdrawals, optimistic it will be resolved in 6 months

June 5, 2024
Sternlicht defends gating Starwood REIT withdrawals, hopes it's a '6-month thing'

In a recent CNBC interview, Barry Sternlicht, the chairman and CEO of Starwood Capital Group, discussed his decision to cap withdrawals from his real estate fund due to mounting losses and redemption requests. Amidst market … Read more

Categories Finance Tags explains, gating, months, optimistic, rationale, REIT, resolved, Starwood, Sternlicht, Withdrawals

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