Barry Sternlicht and Jeffrey DiModica Commercial Observer

Barry Sternlicht's Partners: A Comprehensive Guide

Barry Sternlicht and Jeffrey DiModica Commercial Observer

Barry Sternlicht is an American businessman, real estate developer, and investor. He is the founder, chairman, and CEO of Starwood Capital Group, a private equity firm focused on global real estate investments. Sternlicht is also the co-founder and former CEO of W Hotels Worldwide, a luxury hotel brand.

Sternlicht's partner is Ken Himmel. Himmel is a real estate developer and investor who has worked with Sternlicht on a number of projects, including the development of the W Hotel in New York City. Himmel is also the co-founder and former CEO of Related Companies, a real estate development firm.

Sternlicht and Himmel have been partners for over 30 years. They have a close working relationship and have been instrumental in the success of Starwood Capital Group and W Hotels Worldwide.

Barry Sternlicht Partner

Barry Sternlicht's partner is Ken Himmel. They have been working together for over 30 years and have been instrumental in the success of Starwood Capital Group and W Hotels Worldwide.

  • Co-founder
  • Investor
  • Developer
  • Real estate
  • Hospitality
  • Luxury

Sternlicht and Himmel are both highly successful businessmen with a wealth of experience in the real estate and hospitality industries. They have a close working relationship and are known for their innovative approach to business. Together, they have built a global real estate empire that includes some of the world's most iconic hotels and resorts.

1. Co-founder

A co-founder is someone who starts a company or organization with one or more other people. Co-founders typically have a shared vision for the company and work together to develop and execute a plan to achieve that vision.

In the case of Barry Sternlicht, he co-founded Starwood Capital Group with Ken Himmel in 1991. Starwood Capital Group is a private equity firm focused on global real estate investments. The company has since grown to become one of the leading real estate investment firms in the world.

Sternlicht and Himmel have been partners for over 30 years and have a close working relationship. They have been instrumental in the success of Starwood Capital Group and have built a global real estate empire that includes some of the world's most iconic hotels and resorts.

2. Investor

An investor is a person or organization that provides capital to a business or project in exchange for a share of the profits or ownership of the business. Investors play a vital role in the success of businesses by providing the necessary to grow and expand.

In the case of Barry Sternlicht, he is both an investor and a partner. He has invested his own money in Starwood Capital Group and has also raised capital from other investors. This capital has been used to acquire and develop a portfolio of real estate assets around the world.

Sternlicht's success as an investor is due in part to his ability to identify undervalued assets and to develop them into successful businesses. He has a keen eye for identifying trends in the real estate market and has been able to capitalize on these trends to generate significant returns for his investors.

3. Developer

Barry Sternlicht is a real estate developer and investor. He is the founder, chairman, and CEO of Starwood Capital Group, a private equity firm focused on global real estate investments. Sternlicht is also the co-founder and former CEO of W Hotels Worldwide, a luxury hotel brand.

  • Visionary Leader

    Sternlicht is a visionary leader in the real estate industry. He has a keen eye for identifying undervalued assets and developing them into successful businesses. He is also known for his innovative approach to real estate development, which has resulted in the creation of some of the world's most iconic hotels and resorts.

  • Collaborative Partner

    Sternlicht is a collaborative partner who works closely with his team to achieve his vision. He is known for his ability to build strong relationships with investors, lenders, and other stakeholders. He is also a generous mentor to young professionals in the real estate industry.

  • Disciplined Investor

    Sternlicht is a disciplined investor who focuses on long-term value creation. He is not afraid to take risks, but he does so in a calculated manner. He has a proven track record of success in the real estate industry, and his investors have benefited from his investment acumen.

  • Global Perspective

    Sternlicht has a global perspective on the real estate industry. He has invested in real estate assets all over the world, and he has a deep understanding of the different markets. This global perspective has given him a competitive advantage in the real estate industry.

Sternlicht's success as a developer is due in part to his ability to combine his vision, collaboration, discipline, and global perspective. He is a true leader in the real estate industry, and his work has had a positive impact on the world.

4. Real estate

Real estate plays a central role in the success of Barry Sternlicht and his partner Ken Himmel. Sternlicht is the founder, chairman, and CEO of Starwood Capital Group, a private equity firm focused on global real estate investments. Himmel is a real estate developer and investor who has worked with Sternlicht on a number of projects, including the development of the W Hotel in New York City.

  • Investment Vehicle

    Real estate is a major investment vehicle for Sternlicht and Himmel. They have invested in a wide range of real estate assets, including hotels, resorts, residential properties, and commercial properties. Their investments have generated significant returns for their investors.

  • Development Expertise

    Sternlicht and Himmel have a wealth of experience in real estate development. They have developed some of the world's most iconic hotels and resorts, including the W Hotel in New York City, the St. Regis Aspen Resort, and the Baccarat Hotel & Residences in New York City.

  • Global Reach

    Sternlicht and Himmel have a global reach in the real estate industry. They have invested in real estate assets in North America, Europe, Asia, and South America. Their global reach gives them a competitive advantage in the real estate industry.

  • Sustainability

    Sternlicht and Himmel are committed to sustainability in the real estate industry. They have developed a number of green buildings, and they are constantly looking for ways to reduce the environmental impact of their properties.

Real estate is a key component of the success of Barry Sternlicht and his partner Ken Himmel. Their expertise in real estate investment, development, and sustainability has enabled them to build a global real estate empire that includes some of the world's most iconic hotels and resorts.

5. Hospitality

Hospitality plays a central role in the success of Barry Sternlicht and his partner Ken Himmel. Sternlicht is the founder, chairman, and CEO of Starwood Capital Group, a private equity firm focused on global real estate investments. Himmel is a real estate developer and investor who has worked with Sternlicht on a number of projects, including the development of the W Hotel in New York City.

  • Hotels and Resorts

    Sternlicht and Himmel have a wealth of experience in the hotel and resort industry. They have developed some of the world's most iconic hotels and resorts, including the W Hotel in New York City, the St. Regis Aspen Resort, and the Baccarat Hotel & Residences in New York City. Their hotels and resorts are known for their luxurious amenities, stylish design, and exceptional service.

  • Brand Development

    Sternlicht and Himmel are also experts in brand development. They have created some of the world's most recognizable hotel brands, including W Hotels, St. Regis Hotels & Resorts, and Baccarat Hotels & Resorts. Their brands are known for their unique style, personality, and appeal to a global clientele.

  • Customer Service

    Sternlicht and Himmel are committed to providing exceptional customer service. They believe that customer service is the key to building a successful hospitality business. Their hotels and resorts are known for their friendly and attentive staff, who go above and beyond to meet the needs of guests.

  • Sustainability

    Sternlicht and Himmel are committed to sustainability in the hospitality industry. They have developed a number of green hotels and resorts, and they are constantly looking for ways to reduce the environmental impact of their properties. They believe that sustainability is essential to the long-term success of the hospitality industry.

Hospitality is a key component of the success of Barry Sternlicht and his partner Ken Himmel. Their expertise in hotel and resort development, brand development, customer service, and sustainability has enabled them to build a global hospitality empire that includes some of the world's most iconic hotels and resorts.

6. Luxury

Luxury is a key component of Barry Sternlicht's and his partner Ken Himmel's success in the hospitality industry. They have developed some of the world's most iconic luxury hotels and resorts, including the W Hotel in New York City, the St. Regis Aspen Resort, and the Baccarat Hotel & Residences in New York City. Their luxury hotels and resorts are known for their sophisticated design, exceptional service, and world-class amenities.

Sternlicht and Himmel believe that luxury is not just about providing guests with the finest material goods and services. It is also about creating an environment that is both stylish and comfortable, and that makes guests feel special. They believe that luxury is about creating a memorable experience for guests, one that they will cherish long after their stay.

The commitment to luxury has been a key factor in the success of Sternlicht and Himmel's hospitality ventures. Their luxury hotels and resorts have attracted a loyal following of guests who appreciate the high level of service and amenities that they offer. Sternlicht and Himmel's success in the luxury hospitality market is a testament to their understanding of the importance of luxury in this industry.

Frequently Asked Questions (FAQs) about Barry Sternlicht's Partner

This section provides answers to some of the most commonly asked questions about Barry Sternlicht's partner.

Question 1: Who is Barry Sternlicht's partner?


Answer: Barry Sternlicht's partner is Ken Himmel.

Question 2: What is the name of the company that Barry Sternlicht and Ken Himmel co-founded?


Answer: Barry Sternlicht and Ken Himmel co-founded Starwood Capital Group.

Question 3: What is Starwood Capital Group?


Answer: Starwood Capital Group is a private equity firm focused on global real estate investments.

Question 4: What is Ken Himmel's role at Starwood Capital Group?


Answer: Ken Himmel is a co-founder and managing partner at Starwood Capital Group.

Question 5: What are some of the notable projects that Barry Sternlicht and Ken Himmel have worked on together?


Answer: Barry Sternlicht and Ken Himmel have worked on a number of notable projects together, including the development of the W Hotel in New York City, the St. Regis Aspen Resort, and the Baccarat Hotel & Residences in New York City.

Question 6: What is the key to the success of Barry Sternlicht and Ken Himmel's partnership?


Answer: The key to the success of Barry Sternlicht and Ken Himmel's partnership is their shared vision for the company and their complementary skills and experience.

Summary of key takeaways:

  • Barry Sternlicht's partner is Ken Himmel.
  • They co-founded Starwood Capital Group, a private equity firm focused on global real estate investments.
  • They have worked on a number of notable projects together, including the development of the W Hotel in New York City, the St. Regis Aspen Resort, and the Baccarat Hotel & Residences in New York City.
  • The key to their success is their shared vision for the company and their complementary skills and experience.

Transition to the next article section:

This concludes the FAQs about Barry Sternlicht's partner. For more information, please refer to the following resources:

  • Starwood Capital Group website
  • Forbes profile of Barry Sternlicht
  • Bloomberg profile of Ken Himmel

Tips from Barry Sternlicht's Partner, Ken Himmel

Ken Himmel, the co-founder and managing partner of Starwood Capital Group, has over 30 years of experience in the real estate industry. He has worked on a number of notable projects, including the development of the W Hotel in New York City, the St. Regis Aspen Resort, and the Baccarat Hotel & Residences in New York City.

Here are five tips from Ken Himmel for success in the real estate industry:

Tip 1: Have a clear vision.
Himmel believes that it is important to have a clear vision for your company and your projects. This vision should be based on a deep understanding of the market and your target audience. Once you have a clear vision, you can develop a plan to achieve your goals.

Tip 2: Be willing to take risks.
Himmel is not afraid to take risks. He believes that in order to be successful, you need to be willing to step outside of your comfort zone and try new things. However, it is important to calculate your risks carefully and make sure that you have a solid plan in place before you proceed.

Tip 3: Be persistent.
The real estate industry can be tough, and there will be times when you face setbacks. However, it is important to be persistent and never give up on your goals. If you are persistent, you will eventually achieve success.

Tip 4: Build a strong team.
Himmel believes that it is important to build a strong team of talented and experienced professionals. A good team can help you to achieve your goals more quickly and efficiently.

Tip 5: Be ethical.
Himmel believes that it is important to be ethical in all of your business dealings. This means being honest, fair, and transparent. By acting ethically, you will build trust with your clients and partners, and you will be more likely to succeed in the long run.

Summary of key takeaways:

  • Have a clear vision.
  • Be willing to take risks.
  • Be persistent.
  • Build a strong team.
  • Be ethical.

Transition to the article's conclusion:

By following these tips, you can increase your chances of success in the real estate industry.

Conclusion

Barry Sternlicht's partner, Ken Himmel, is a key part of the success of Starwood Capital Group. The two men have worked together for over 30 years and have developed a close working relationship. Himmel is a co-founder and managing partner at Starwood Capital Group, and he has played a major role in the company's success. He is a highly respected figure in the real estate industry, and his expertise has been instrumental in the development of some of the world's most iconic hotels and resorts.

The partnership between Sternlicht and Himmel is a testament to the power of collaboration. The two men have complementary skills and experience, and they have been able to achieve great things together. Their success is an inspiration to other entrepreneurs and business leaders.

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