Name: Real estate billionaire Barry Sternlicht says rents will rise in two years—and it’s Jerome Powell’s fault
Uploaded: 2024-06-08T12:44:13-04:00
Duration: 5 min
Description: Starwood Capital Group’s chief executive and chairman doesn’t seem to be a fan of the Federal Reserve. The billionaire behind the real estate investment firm, Barry Sternlicht, has mocked and blamed the institution and its chair, Jerome Powell, on several occasions. Sternlicht once referred to the Fed as “Jay Powell and his merry band of […]

Tag: Sternlicht

Real estate billionaire Barry Sternlicht says rents will rise in two years—and it’s Jerome Powell’s fault

Starwood Capital Group’s chief executive and chairman doesn’t seem to be a fan of the Federal Reserve. The billionaire behind the real estate investment firm, Barry Sternlicht, has mocked and blamed the institution and its chair, Jerome Powell, on several occasions. Sternlicht once referred to the Fed as “Jay Powell and his merry band of […]

Real-estate billionaire Barry Sternlicht puts his finger on the ‘impossible’ thing holding Miami back from really becoming Wall Street south: the schools

Long known for its pristine beaches and its pleasant year-round climate, Miami attracted attention during the pandemic as Wall Street South, a haven for northern financial types. Attracted in part by lower taxes, a flood of wealthy people and major companies have migrated south to the Miami area in recent years. Companies such as Ken […]