He will lead the firm as its new president in 2025
Starwood Capital Group has named Jonathan Pollack, former global head of Blackstone’s real estate arm, as its new president starting in 2025.
At Blackstone, Pollack had led the firm’s Real Estate Credit business (BREDS) since 2016, overseeing $84 billion in assets. His tenure included notable achievements such as the acquisition of a $17 billion portfolio of commercial mortgages from Signature Bank.
“After an extensive search, I am extremely pleased to welcome an executive of Jonathan’s caliber as president of Starwood Capital,” said Barry Sternlicht, chairman and CEO of Starwood Capital. “I have known Jonathan for more than a decade, and he is universally respected across our industry with unparalleled relationships and a track record of success, which will help lead a firm of our scale and ambition.”
Pollack will also join all of Starwood’s committees, including its executive, investment, disposition and operating committees, which he is expected to lead.
Before Blackstone, Pollack was the brains behind Deutsche Bank’s global commercial real estate division, catapulting it to the forefront of the CMBS market and establishing it as a leader in special situations investments after the 2008 financial crisis.
As Starwood Capital gears up for Pollack’s arrival, Jeffrey Dishner, the current president and chief operating officer, will continue in his role until Pollack joins, after which Dishner will transition to vice chairman and head of strategy and business development.
Stay updated with the freshest mortgage news. Get exclusive interviews, breaking news, and industry events in your inbox, and always be the first to know by subscribing to our FREE daily newsletter.
