Starwood Pulls the Plug on SREIT Redemptions, Slashes Distribution as Non-Traded REIT Reckoning Reaches Its Endgame

Barry Sternlicht's $22.4 billion fund becomes the last holdout in a sector-wide liquidity crisis, betting that Sunbelt multifamily fundamentals will reward shareholders who stay put. Barry Sternlicht has run out of patience with the slow drip. On April 29, 2026, Starwood Real Estate Income Trust temporarily suspended share repurchases and cut its annualized distribution rate […]