“We’re in the eye of the hurricane”: Sternlicht eyes growth in economic turmoil – Robert Khodadadian

Against soaring inflation and interest rates, a global economic slowdown and trillions of dollars wiped from the stock and crypto markets, billionaire Barry Sternlicht believes real estate has “held up well” this year. But despite an upbeat second-quarter earnings report, the chairman and CEO of Starwood Property Trust and Starwood Capital Group said he is proceeding with caution. “The markets are expecting rates will fall sometime in the middle of next year. I agree with

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Cross Post, Home Page, barry sternlicht, earnings, recession, Starwood Property Trust The Real Deal New York Read More