I’ve noticed they can be a bit flighty. They’ll jump into a sector with a lot of noise, and then pivot six months later. It’s great for agility, but as a long-term partner, you sometimes wonder where their focus will be next year.

Barry Sternlicht is a legend for a reason. They have this knack for finding 'distressed' opportunities that everyone else is too afraid to touch, especially in the hotel and luxury residential space. They’re very bold.