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Starwood suspends redemptions in $22 billion property fund

CEO Sternlicht says the move is prompted by high interest rates 'not the real estate'
Barry Sternlicht, Chairman and chief executive, Starwood Capital Group. (Photo by Patrick T. FALLON / AFP)
Barry Sternlicht, Chairman and chief executive, Starwood Capital Group. (Photo by Patrick T. FALLON / AFP)
CoStar News
April 30, 2026 | 8:20 AM

Starwood has suspended redemptions from its $22.4 billion non-traded real estate investment fund, saying exit requests have spiked in response to stubbornly high interest rates.

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