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- Billionaire Barry Sternlicht is worried about America's regional and community banks.
- Sternlicht told CNBC that banks may bear the consequences of the real estate crisis.
- Only one bank has closed so far this year, but Sternlicht said more could be coming.
Billionaire Barry Sternlicht offered an ominous prediction about America's regional banks amid a coming commercial real estate reckoning.
The Starwood Capital Group CEO told CNBC on Tuesday that he thinks real estate's primary lenders — regional and community banks — could soon be bearing the brunt of high interest rates and inflation.