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...
Starwood Property Trust
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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...
“The only thing we worry about is the calamitous recession”: Barry Sternlicht tells analysts in Q2 earnings call
On the heels of a strong second quarter for Starwood Property Trust, Chairman and CEO Barry Sternlicht spoke to analysts during an earnings call...
Starwood earnings down 30% as REIT writes off losses from regional malls
Barry Sternlicht’s Starwood Property Trust saw earnings fall by nearly a third at the start of the year as...
Starwood expects to boost offshore investing as US economy slows
Starwood Property Trust’s Barry Sternlicht told analysts the real estate investment trust increased its offshore spending in 2018, particularly...
Starwood expands outside real estate with GE energy finance acquisition
Starwood Property Trust plans to buy a GE energy-finance business for $2.56 billion, part of the firm’s plan to...
Barry Sternlicht wants a “train wreck” in Manhattan’s luxe market, warns of less global money coming into CRE
Barry Sternlicht sees doomsday waiting at the end of Billionaires’ Row. And that could be a good thing for him. Speaking on a second-quarter...
Hudson Companies lands $280M construction loan for BK Heights project
Hudson Companies landed a $280 million construction loan for its mixed-use, library and condominium tower in Brooklyn Heights. Starwood...
CRE execs debate whether this is a different real estate cycle
Top commercial real estate executives gathered at the Marriott Marquis hotel in Washington, D.C. to discuss how the current...
Private funds seeking $32B in commercial-property debt
U.S. investment firms, some of which are referred to as shadow banks, are seeking $32 billion in commercial-property debt...
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