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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 7, 2026 / Tyler Durden
European Nationalists Rally Around Orbán Following Zelensky's "Outrageous" Remarks
European Nationalists Rally Around Orbán Following Zelensky's "Outrageous" Remarks Authored by Thomas Brooke via Remix News, Hungarian Foreign Minister Péter Szijjártó has condemned remarks by Ukrainian President Volodymyr Zelensky that Budapest says amounted to a threat against Prime Minister Viktor Orbán. Responding to comments made during a press briefing in Kyiv on Thursday, Szijjártó said the statement was “beyond every limit” and reflected what he described as “the kind of ‘culture’ coming from Kyiv.” “This is the man Brussels admires and the country they want to fast-track into the European Union,” Szijjártó said....
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Apr 7, 2026 / Tyler Durden
Marc Andreessen Calls AI Job-Loss Fears 'Fake', Expects Employment Gains
Marc Andreessen Calls AI Job-Loss Fears 'Fake', Expects Employment Gains It is not the first time that the venture capital guru has questioned some of the fundamentally dystopian scenarios being proposition in an AI world.  In February, we noted that amid an armada of dystopian futurists, projecting linear thoughts into a future of 'AI uber alles', Marc Andreessen stands as a beacon of potential utopian light, seeing a future that looks very different and very positive for young and old alike. In a brief few minutes, the co-founder of Netscape and VC firm...
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Apr 9, 2026 / Tyler Durden
Indiana Suspends Gas Sales Tax Amid US–Iran War
Indiana Suspends Gas Sales Tax Amid US–Iran War Authored by Zachary Stieber via The Epoch Times (emphasis ours), Indiana has suspended its gas sales tax for 30 days as prices keep rising amid the United States’ war with Iran. Indiana Gov. Mike Braun (C) speaks during a press conference in Gary, Ind., on Oct. 30, 2025. Jamie Kelter Davis/Getty Images Gov. Mike Braun announced the suspension on April 8. “I am declaring a gas tax holiday to give Hoosiers relief from the pain at the pump from high gas prices,” Braun said in a...
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