Facing Possible Cash Crunch, Giant Real Estate Fund Limits Withdrawals
Briefly

Starwood Real Estate Income Trust is reducing the amount that investors can redeem in an effort to handle increasing withdrawals and avoid selling properties at discounted rates.
Barry Sternlicht and Sean Harris advised against aggressive selling of real estate assets, foreseeing a market improvement, and expressed concerns about the negative impact of limiting redemptions on fund-raising.
Read at www.nytimes.com
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