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Sternlicht's Starwood Real Estate Fund Gates Redemptions

Sternlicht's Starwood Real Estate Fund Gates Redemptions Earlier this month, when much of the attention was largely focused on private credit, we warned that one of the old, familiar credit market time-bombs, commercial real estate which for many years had been penned as the "Next Big Short", was deteriorating rapidly: according to the latest TREPP CMBS monthly report, March saw a surge in the CMBS delinquency rate, which jumped by 41bps to 7.55%, the highest in years, led by a surge in the lodging rate, a category which until now was...
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Mar 21, 2026 / Tyler Durden
"Complete Other Alias": Rep. Luna Drops Clinton-Epstein Bombshell
"Complete Other Alias": Rep. Luna Drops Clinton-Epstein Bombshell Authored by Steve Watson via modernity.news, Rep. Anna Paulina Luna appeared on Bill Maher’s show and confirmed what the Epstein document dumps have long hinted at: the former president wasn’t just flying on the Lolita Express — he was operating under an entirely different identity in the files. This revelation lands as the House Oversight Committee presses forward with its investigation, following the Justice Department’s release of millions of pages under the Epstein Files Transparency Act signed by President Trump. Lawmakers and victims are...
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Mar 16, 2026 /
Report: Trump Considering Ground Invasion of Iran
President Donald Trump is considering sending US troops to Kharg Island to seize Iranian oil assets.  According to officials speaking with Axios, the President is considering ordering US troops to seize the Iranian oil assets on the island. Kharg Island is about 15 miles off the coast of Iran, and is home to the seaport […]
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Jun 2, 2026 / Tyler Durden
DOGE Alumni Launch AI Startup To Target Waste On Main Street - And Already Have Their First Target
DOGE Alumni Launch AI Startup To Target Waste On Main Street - And Already Have Their First Target Two alumni of the Department of Government Efficiency are bringing their cost-cutting experience from Washington to the private sector, launching Special, a startup that aims to harness artificial intelligence to wring inefficiencies out of what it describes as America's $10 trillion Main Street services economy. Nate Cavanaugh and Justin Fox spent much of 2025 at DOGE, where they spearheaded the Small Agencies team. Their government stint, under the high-profile effort led by SpaceX...
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