On July 1, 2026, Starwood Capital Group announced the successful raising of a $10.2 billion fund, with intentions to allocate these resources toward investments in data centers, rental housing, and various other commercial real estate ventures. Given the swift evolution of artificial intelligence, which is significantly altering real estate demands, the company is strategically enhancing its presence (or "investment focus") in these pertinent sectors. Chairman Barry Sternlicht mentioned that up to 35% of the fund's capital is earmarked for data center investments, marking an almost twofold increase compared to the allocation proportion of their previous opportunistic fund.
