Starwood’s $10bn property fund taps credit line as investors pull money

Heavy redemption requests come as fears rise over real estate valuations

https://www.ft.com/content/1b0ce791-e387-4ea4-852a-14d59b3ced1f

Here we go again....

 

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SLIGHTLY better than foreclosure or panic sells LOL

 

No subprime IOs or NINJAs but this is bad.

 

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That MAY have frightened market benchmarks like SPY\QQQ;
or buyers may have gotten a bit tired from 10 days buyin'

 

i thought they are only investing in hospitality, no?