Monday, May 25, 2009

Barry Sternlicht: Deleveraging in Real Estate

Barry Sternlicht, chief executive officer of Starwood Capital Group LLC, talks with Bloomberg's Erik Schatzker about the outlook for the commercial property and residential markets.

Sternlicht, who built Starwood Hotels & Resorts Worldwide Inc. into the third-largest U.S. lodging company, also discusses the U.S. government's financial rescue plan and the hotel business.

WATCH VIDEO: Sternlicht Sees Bottom Forming in Residential Market

WATCH VIDEO:Sternlicht Doesn't See Commercial Property Income Growth

(from Bloomberg, May 1, 2009)

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