Barry Sternlicht says migration from high-tax states is reshaping capital flows
Andino/CoStar)](https://www.costar.com/_next/image?url=https%3A%2F%2Fcostar.brightspotcdn.com%2Fdims4%2Fdefault%2Fa41963e%2F2147483647%2Fstrip%2Ftrue%2Fcrop%2F1024x768%2B0%2B0%2Fresize%2F1024x768!%2Fquality%2F100%2F%3Furl%3Dhttp%253A%252F%252Fcostar-brightspot.s3.us-east-1.amazonaws.com%252F0b%252F3b%252F9a6d8bc4493e87c0fb708339d58f%252Fimage-1.jpg&w=3840&q=75) Barry Sternlicht, center, discussed his views on commercial real estate trends influencing the country on a tour of a luxury condominium his company is building in Miami Beach, Florida.
Why it matters: Andino/CoStar)](https://www.costar.com/_next/image?url=https%3A%2F%2Fcostar.brightspotcdn.com%2Fdims4%2Fdefault%2Fa41963e%2F2147483647%2Fstrip%2Ftrue%2Fcrop%2F1024x768%2B0%2B0%2Fresize%2F1024x768!%2Fquality%2F100%2F%3Furl%3Dhttp%253A%252F%252Fcostar-brightspot.s3.us-east-1.amazonaws.com%252F0b%252F3b%252F9a6d8bc4493e87c0fb708339d58f%252Fimage-1.jpg&w=3840&q=75) Barry Sternlicht, center, discussed his views on commercial real estate trends influencing the country on a tour of a luxury condominium his company is building in Miami Beach, Florida.