Barry Sternlicht, Chairman & CEO of Starwood Capital Group, discusses scaling the business to 120k employees in 6 years, the value of 'A Shared Pair' REIT, taking a company from $1B in AUM to $10B, and selling Caesars Palace.

Barry Sternlicht, the CEO of Starwood Capital, shares insights on the real estate market, emphasizing the projected rise in rental prices over the next two years. He discusses the construction of 600,000 apartments this year, addressing the impact of rising rents on both landlords and cash-strapped tenants. The conversation also highlights the demand for housing despite interest rate increases and identifies investment opportunities in suburban areas and college towns, all while noting challenges in the luxury rental sector.