Implications of Sternlicht's Decision to Restrict Starwood REIT Withdrawals Amid Rate Decline
Wednesday, 5 June 2024, 13:31
Barry Sternlicht's Defends Gating Starwood REIT Withdrawals
Barry Sternlicht has decided to put restrictions on the amount of money investors can withdraw from his real estate fund, Starwood REIT. Sternlicht hopes this measure will only be a temporary solution, possibly lasting around six months. This decision was sparked by the current trend of falling interest rates and concerns over how it may affect his fund and investors.
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