Billionaire Barry Sternlicht's Starwood Real Estate Income Trust landed a $1.02 billion cash infusion from Apollo Global Management, a major liquidity boost as his fund works through months of investor redemption pressure.
Starwood lands $1 billion lifeline from Apollo
Billionaire Barry Sternlicht's REIT sells stake to ease redemption pressure
CoStar News
August 5, 2026 | 8:48 P.M.
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IN THIS ARTICLE
- Companies
- Starwood Real Estate Income Trust, Inc.
Real Estate
- Apollo Global Management
Finance and Insurance