(HedgeCo.Net) Starwood Real Estate Income Trust has become the latest flashpoint in the private-markets liquidity debate, sharply limiting investor redemptions after reporting a major quarterly loss and facing a sizable wall of debt maturities. For an investment vehicle built to offer individual investors access to institutional-grade real estate, the move is more than a one-fund story. It is a signal that the non-traded REIT model, one of the most aggressive expressions of the “retailization” o...
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