Barry Sternlicht: Rents will go up, and it’s Jerome Powell’s fault

The billionaire head of Sternwood Capital blamed Federal Reserve chief Jerome Powell’s interest rate campaign for killing activity in the multifamily sector. Continue reading

Top brokers and Trump attend Alex Witkoff’s Palm Beach wedding

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 President Donald Trump. Continue reading

Fed sending US into a ‘category 5 hurricane,’ Barry Sternlicht says

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 wants to sell anything today,” he said. Continue reading