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A group of investors led by billionaire Barry Sternlicht is proposing a luxury overhaul and redevelopment of the waterfront Standard hotel in Miami Beach. Starchitect Bjarke Ingels of BIG is designi…

A lender for Nightingale Properties is the new owner of a Miami Beach building that played a leading role in the downfall of Nightingale CEO Elie Schwartz. But Granite Point Mortgage Trust will like…

Barry Sternlicht has teed up the struggling “Limestone Jesus” retail condo for a new owner. Starwood Property Trust’s special servicing arm, LNR Partners, won its foreclosure case in August against…

Starwood Land is bringing a 4,000-home community to a growing area about 50 minutes northwest of downtown Houston. The Florida-based firm is developing Sunterra Lakes, a master-planned community spa…

Venture capital firm Andreessen Horowitz closed its South Beach office, amid looming questions over South Florida’s ability to remain a magnet for out-of-state companies. Andreessen Horowitz exited…

Barry Sternlicht said limits on withdrawals from non-traded REITs like the ones run by his Starwood Capital Group and the Blackstone Group aren’t cause for a major freak-out. “We’re not a hedge fund. …

Barry Sternlicht’s Starwood Capital Group is again trying to sell 1 Hotel Central Park, and this time, a buyer appears to be getting close to a deal. Host Hotels & Resorts is nearing the purchase of …

Billionaire Barry Sternlicht is buying The Standard hotel in Miami Beach from the scions of Zara magnate Amancio Ortega, The Real Deal has learned. The sale of the 100-key hotel is expected to close s…

Hull Property Group has reached a $39 million agreement to purchase the distressed Northlake Mall from its receiver, after a prolonged period of financial struggles for the property. The Georgia-base…

Barry Sternlicht’s next big real estate play is officially underway after Starwood Capital Group raised more than $10 billion to fund deals for distressed real estate. The Starwood Distressed Opportun…

Starwood Capital Group’s Barry Sternlicht planned to vote for Democratic nominee Joe Biden even before watching Tuesday’s presidential debate. But President Donald Trump’s response to a question about…

Monmouth Real Estate made its choice Thursday, choosing to stick with an acquisition offer from Sam Zell rather than a last-minute bid from Barry Sternlicht. The Holmdel, New Jersey–based firm announc…

As inflation and rents come down, Barry Sternlicht is gearing up to take advantage of opportunities. Sternlicht , the billionaire chairman and CEO of Starwood Property Trust, said on the company’s t…

Barry Sternlicht has voiced worries of the next “calamitous recession,” but now he is optimistic that the epic disruption of the global coronavirus pandemic will be over in three months. “I don’t thin…

Starwood Property Trust’s Barry Sternlicht told analysts the real estate investment trust increased its offshore spending in 2018, particularly “in the beer-drinking countries” of Europe, and expects …

Starwood Property Trust’s Barry Sternlicht isn’t worried about rising interest rates. In fact, it’s the opposite. “We’re going to make a lot of money,” he told analysts during a conference call on Fri…

Retailers are closing stores across the city and the country, and in the end the industry will be better off for it, Starwood Capital Group’s Barry Sternlicht said. “A lot of retailers don’t know how …

Well-known real estate investor and hotelier Barry Sternlicht is launching a new hotel chain with a focus on the great outdoors. The Starwood Capital Group CEO said Field & Stream Lodge Co. will opera…

West Hollywood City Manager Paul Arevalo confirmed that CIM Group’s Sunset | LaCienega hotel project will be branded as a 1 Hotel, rather than as a James Hotel. The Real Dealreported in April that Bar…

Barry Sternlicht’s Starwood Hotels & Resorts Worldwide is in late-stage talks to sell the forthcoming Baccarat hotel for $200 million, or a record $2 million per room. If the deal were to close, it wo…