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The meme-stock frenzy has turned markets into a 'casino society,' says billionaire businessman Barry Sternlicht
It's "a complete, total speculative bubble," the Starwood Capital chief executive officer said on C…
Natasha Dailey
Billionaire investor Barry Sternlicht says the SPAC market is 'out of control' and Wall Street won't regulate because they are making too much money
Billionaire investors and SPAC sponsor Barry Sternlicht said the market for the blank-check firms i…
Will Daniel
The SEC is reaching out to Blackstone and Starwood after the real-estate giants limited investors' withdrawals from their funds, report says
The SEC is trying to understand the firms' processes for limiting redemptions, and what effects the…
Alex Nicoll,Rebecca Ungarino
Starwood Hotels says the big Chinese insurer interested in buying it has made a huge new offer
"... a revised, non-binding proposal from a consortium consisting of Anbang Insurance Group Co., Lt…
Akin Oyedele
8 Mistakes Rookie Business Travelers Make
Neglecting your body's needs. Business travel shouldn't be all work and no rest. Take care of your …
Mandi Woodruff
Tatas Invest Rs 470 Crore In Shriram Properties
Shriram Properties is a zero-debt company and has cash reserves in excess of Rs 400 crore. "With Ta…
More companies would move to Miami if there were more private schools, says billionaire Miami convert Barry Sternlicht
The city just doesn't have enough private schools, which is holding more companies from setting up …
Shubhangi Goel
Fed policy hasn't cooled the labor market and a 'serious consumer recession' could strike if services jobs tumble, real estate billionaire Barry Sternlicht says
The economy could tumble into a recession if the Fed sparks layoffs in this key sector, Barry Stern…
Jennifer Sor
Billionaire Barry Sternlicht predicts weekly bank closures as the real estate sector battles high interest rates and inflation
Barry Sternlicht said real estate's primary lenders — regional and community banks — could soon be …
Erin Snodgrass
The office meltdown will result in $1 trillion of losses, real estate billionaire Barry Sternlicht says
The office market has seen values crushed in the last few years, and it is the one sector that neve…
Yuheng Zhan
The Fed 'went crazy' with rates and did big damage to the real estate market, billionaire mogul Barry Sternlicht says
The real estate market is "collateral damage" in the Fed's fight against inflation, Starwood Capita…
Jennifer Sor
Commercial real estate investment plummeted to the lowest level since 2012 last year
Investment in US commercial real estate plunged 52% to $348 billion in 2023, with office properties…
Yuheng Zhan
Billionaire Barry Sternlicht's firm just defaulted on a $200 million office mortgage amid mounting commercial-property stress
Barry Sternlicht's Starwood Capital just failed to refinance or pay off its mortgage tied to an Atl…
Zahra Tayeb
Real estate billionaire Barry Sternlicht says the storm heading for the sector is unavoidable - and recession is coming despite soft landing talk
"I like to say there's a hurricane over real estate right now. We're in a Category 5 hurricane," bi…
Jennifer Sor
Commercial real estate is in big trouble — and the problems may have major financial fallout
Higher interest rates are causing problems for US commercial real estate and ripples are spreading …
Theron Mohamed
Democrats want to kick big investors out of the the housing market to improve affordability
Investors accounted for 26% of all single-family home purchases in June, up from pre-pandemic level…
Aruni Soni
The Fed is throwing 'kerosene on the fire' and needs to end rate hikes as inflation is probably already at 2%, billionaire real estate mogul Barry Sternlicht says
The US is in for a "serious" recession that could bring a "Category 5 hurricane" to commercial real…
Jennifer Sor
The biggest victim of Fed rate hikes is the US government as interest on massive debt soars, billionaire investor Barry Sternlicht says
Higher rates mean the government has to pay more money to service its $33 trillion mountain of debt.
Aruni Soni
Commercial real estate is being battered by a 'hurricane' as higher interest rates bite, billionaire investor Barry Sternlicht says
The Starwood Capital CEO told Bloomberg the sector needed to know what the Fed's intentions were in…
Zahra Tayeb
Commercial real estate is being battered by a 'hurricane' as higher interest rates bite, billionaire investor Barry Sternlicht says
The Starwood Capital CEO told Bloomberg the sector needed to know what the Fed's intentions were in…