(starwood Archives - Citizen Watch Report

Billionaire Starwood CEO Warns of $1 Trillion Losses in Ailing Office Market

January 31, 2024 8:48 pm

The ailing office market is headed for $1 trillion of losses, billionaire and Starwood Capital CEO Barry Sternlicht said. Per Bloomberg, Sternlicht said at the Global Alts conference in Miami Beach that US office properties, once a $3 trillion market, are worth …

Financial Climate Change! Billionaire Sternlicht Warns CRE Storm Now “Category 5 Hurricane” (Starwood Defaults On $212.4 Million Commercial Mortgage Loan In Atlanta)

July 23, 2023 7:04 amJuly 21, 2023 3:58 pm

by confoundedinterest17 No, this isn’t a John Kerry/Greta Thunberg hysterical warning about climate change. But a storm created by 1) Biden/Congress spending splurge and 2) excessive monetary stimulypto by The Federal (Feral) Reserve. Now that The Fed is withdrawing the …