- Benzinga
Starwood's Sternlicht Defends Withdrawal Limits To Safeguard Loyal Investors
Starwood Capital Group Chairman and CEO Barry Sternlicht justified his decision to restrict investor withdrawals from his real estate fund, stating that it would safeguard investors who have not previously withdrawn funds. In a May 23 letter to shareholders, Sternlicht informed investors that the $10 billion Starwood Real Estate Income Trust would cap monthly withdrawals at 0.33% of net asset value, down from the previous 2% limit. The trust is also waiving 20% of its management fee. The trust,
- Insider Monkey
The Most Glamorous City in the US
We recently compiled a report on the 26 Most Glamorous Cities in the US and in this article, we will look at the most glamorous city in the US. Overview of the Tourism and Travel Sector The pent-up demand for tourism and travel after the uplifting of the restrictions imposed by the COVID-19 pandemic can […]
- Insider Monkey
The Country with the Most Beautiful Forests in the World
In this article, we are going to discuss the country with the most beautiful forests. If you’re also interested in other countries with the most magical woodlands, here is our full list of the 16 Countries With the Most Beautiful Forests in the World. The Global Tourism Industry: Tourism has evolved into a massive industry with […]
