Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Speculators are being restricting from selling Barry Sternlicht's Starwood REIT shares. How bad must it be? @CalPERS how much of your pensioners money are you about to lose? https://t.co/woU1bw65Sv
$STWD TIGHTENS REDEMPTION LIMITS TO PRESERVE LIQUIDITY
Starwood’s REIT has tightened redemption limits to prevent further liquidity from exiting #MacroEdge
Starwood Real Estate Investment Trust (REIT) has tightened its redemption limits to preserve liquidity. Speculators are being restricted from selling shares, prompting concerns about the situation. Barry Sternlicht, the key figure behind Starwood REIT, is at the center of the decision, which has raised questions about potential losses for investors like CalPERS.