Starwood REIT Taps Credit Line Amid Withdrawal Requests: Risks of Non-Traded REITs and Potential for Investment Fraud
In a recent development that has sent shockwaves through the real estate investment community, Starwood Real Estate Income Trust (SREIT), managed by Barry Sternlicht’s Starwood Capital Group, has withdrawn approximately $1.3 billion from its $1.55 billion credit facility. This move comes as the non-traded REIT faces significant redemption requests from investors, raising concerns about the […]
