National
“Tsunami of change” in blue states a “dangerous game,” says Barry Sternlicht
Starwood Property Trust CEO Barry Sternlicht said New York’s rent laws place so many restrictions on building owners that...
Starwood Property Trust
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National
Blackstone, Starwood strike $6B deal for Extended Stay America
A long-in-the-works deal for an extended-stay hotel chain is finally coming to fruition. Blackstone Group and Starwood Capital Group...
National
Starwood Property Trust’s Q4 earnings fall 38%
Barry Sternlicht was in such a good mood during Starwood’s earnings call on Thursday that he joked he was...
National
Real estate is a “four-letter word” in the capital markets: Sternlicht
Barry Sternlicht is confident the hotel and office markets will come back to pre-pandemic levels, saying that adults and...
Starwood suing HFZ for $157M over co-op conversion loan default
Starwood Property Trust is suing Ziel Feldman’s HFZ Capital Group, charging the developer defaulted on loan payments at an...
National
Barry Sternlicht on 1031s: Kill them
Barry Sternlicht compares the coronavirus pandemic to a race at the Indianapolis Speedway gone wrong. As a pace car laps around the track, lenders have to pull into the pit to change the tires...
National
Starwood Property Trust looks to offload $2B loan portfolio
Starwood Property Trust is reportedly trying to sell a portfolio of loans that it purchased in 2018 as a...
National
“When it’s really ugly, it’s a good time to invest”: Sternlicht on Starwood’s hunt for opportunities
When the coronavirus started to take hold, Barry Sternlicht compared it to World War III. With the pandemic having completely overwhelmed the global economy,...
National
Sternlicht on retail’s woes: Tenants have done “incredibly shitty job” running stores
Troubles in the retail world aren’t going away anytime soon — and retailers have themselves to blame. That’s according to Starwood Property Trust CEO...
Sternlicht gets political on earnings call
Starwood Property Trust’s CEO Barry Sternlicht sees an economic slowdown in the near future as the country faces a new presidential election. “I’ve never seen an election as long as I have been alive...