Barry Sternlicht: Data centers are outpacing office buildings

The supply has dropped dramatically in most of the major food groups in real estate. So apartment starts will construction will be down 65% next year. The back half of the year you're still finishing this wave of properties that was started in zero interest rate environment and nobody's sitting there proforms rents flatline.Most people thought rents would go up or continue a trend line up but they went negative in many markets. So there a lot of properties under under um have construction loans but they the ...