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Starwood Capital Group Chairman and CEO Barry Sternlicht is expressing confidence that the single-family rental housing sector has the potential to become a major REIT asset class, but he acknowledges that investors remain skeptical.
Sternlicht, chairman of single-family home REIT Starwood Waypoint Residential Trust (NYSE: SWAY), spoke on April 23 at the Real Estate Luminaries Series at Georgetown University. He discussed the company’s foray into a new segment of the REIT market.
The next event in the Real Estate Luminaries Series at Georgetown University will feature a conversation with Starwood Capital Group Chairman and CEO Barry Sternlicht.
Mike Kirby, chairman of real estate research firm Green Street Advisors, and Steve Wechsler, president and CEO of NAREIT, will interview Sternlicht as part of the program. The event is scheduled to take place April 23 beginning at 5 p.m. in the Lohrfink Auditorium of the Rafik B. Hariri Building at Georgetown University in Washington, D.C.