The billionaire head of Sternwood Capital blamed Federal Reserve chief Jerome Powell’s interest rate campaign for killing activity in the multifamily sector. Source: Inman News
Posts published in “barry sternlicht”
Top brokers and Trump attend Alex Witkoff’s Palm Beach wedding
By The Citizen on February 12, 2024
The star-studded event held at The Breakers featured guests like Fredrik Eklund, John Gomes, Howard Lorber, Don Peebles, and Oren Alexander as well as former…
Fed sending US into a ‘category 5 hurricane,’ Barry Sternlicht says
By The Citizen on July 28, 2023
Starwood Capital Group Chairman and billionaire real estate investor Barry Sternlicht claims Fed inaction has all but ensured a recession is on the way. “Nobody…