Single-family homes; real estate cycle spotlighted at industry event

04/25/2014 |

The single-family rental housing sector has the potential to become a major sector in the REIT market, says Starwood Capital Group Chairman and CEO Barry Sternlicht, while acknowledging that the "jury's out" in the market's view. Sternlicht is also watching Blackstone Group, which is considering taking its Invitation Homes business public. He made his comments at an industry event, during which GreenOak Capital founder and partner Sonny Kalsi, Ronald Kravit, head of real estate investing at Cerberus Capital, and Adam Metz, head of international real estate for Carlyle, also discussed the global real estate marketplace.

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