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Starwood Property Trust, Inc. (NYSE: STWD) operates as a leading real estate investment trust (REIT) in the United States and Europe. The company focuses on four main segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing.
The Commercial and Residential Lending segment is engaged in originating, acquiring, financing, and managing commercial and residential first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities (RMBS). The Infrastructure Lending segment focuses on infrastructure debt investments, ensuring a diversified investment portfolio.
Within the Property segment, Starwood acquires and manages equity interests in commercial real estate properties, including multi-family properties. The Investing and Servicing segment deals with the management and workout of problem assets, as well as the acquisition and management of unrated, investment-grade, and non-investment grade rated CMBS.
Starwood Property Trust has a robust investment portfolio, having deployed over $97 billion of capital since its inception. As of March 31, 2024, the company manages a portfolio exceeding $26 billion across diverse debt and equity investments. The company aims to generate attractive and stable returns for shareholders, primarily through dividends.
Recent achievements include the monetization of their Master Lease Portfolio, reflecting their success in creating value from property assets. They also demonstrated strong access to liquidity through a $600 million five-year unsecured debt issuance, marking the first such issuance in their industry in over two years.
Latest News:
- April 9, 2024 - Starwood Property Trust to release Q1 2024 financial results on May 8, 2024.
- March 19, 2024 - Starwood Capital announces a 10.7% equity stake acquisition in ESR Group.
- March 15, 2024 - Declared a dividend of $0.48 per share for Q1 2024.
- March 8, 2024 - Starwood Capital and Jaws Mustang Acquisition Corp sign LOI for business combination.
- February 22, 2024 - Announced Q4 and full-year 2023 GAAP net income of $71 million and $339.2 million, respectively.
Starwood Property Trust (NYSE: STWD) will release its Q2 2021 financial results on August 5, 2021, before NYSE trading opens. A conference call is scheduled for the same day at 10:00 a.m. ET, where company officers will review performance and answer questions. Interested parties can access the conference call via the Company's website or by dialing in. Starwood manages over $18 billion in investments and aims to provide stable returns through dividends.
Starwood Property Trust (NYSE: STWD) announced a quarterly dividend of $0.48 per share for the quarter ending June 30, 2021. This dividend will be payable on July 15, 2021 to shareholders on record as of June 30, 2021. Starwood Property Trust, a diversified finance company focusing on real estate and infrastructure, has deployed over $69 billion in capital since inception and manages a portfolio exceeding $18 billion. The company aims to generate stable returns primarily through dividends.
Starwood Property Trust (NYSE: STWD) reported its Q1 2021 results, achieving a GAAP net income of $111.4 million or $0.38 per diluted share, and Distributable Earnings of $150.8 million or $0.50 per diluted share. The company deployed $2.7 billion in capital, boosting total post-COVID deployment to $5.7 billion. A notable achievement includes the upgrade of LNR by Fitch to the highest servicer rating globally. Starwood also closed two CLOs totaling $1.8 billion, enhancing balance sheet stability.
Starwood Property Trust (NYSE: STWD) will release its first quarter 2021 financial results on May 6, 2021, before market opening. A conference call is scheduled for the same day at 10:00 a.m. ET, where executives will review performance and answer questions. The results will be accessible on the company’s website. Starwood has deployed over $68 billion in capital since inception and manages a portfolio worth $18 billion to deliver stable returns primarily through dividends.
Starwood Property Trust (NYSE: STWD) announced a new on-demand webinar series aimed at providing insights into its business segments and global real estate platform. Launched on March 25, 2021, the series is designed to improve investor communications and disclosures. Barry Sternlicht, the Company's CEO, emphasized its potential benefits for current and prospective investors. Starwood Property Trust is a prominent finance company with over $66 billion deployed since inception and manages a portfolio exceeding $18 billion.
Starwood Capital Group announced the hiring of Jared Melnik as Managing Director and Head of Hotel Acquisitions for the Americas, effective March 22, 2021. Based in New York, Melnik will focus on sourcing acquisition opportunities in the hospitality and leisure sectors. With 15 years at KSL Capital Partners, he brings considerable experience in hotel and leisure investments. The firm, with over $75 billion in assets under management, continues to pursue attractive investment opportunities, reinforcing its leadership in the industry.
Cano Health has announced the formation of its Board of Directors following its business combination with Jaws Acquisition Corp. (NYSE: JWS). The board features diverse professionals from healthcare, technology, and finance, including Dr. Marlow Hernandez, who will serve as Chairman. The strategic expertise of board members, such as Elliot Cooperstone and Barry Sternlicht, is expected to support Cano Health’s growth as a publicly-traded company. Cano Health, which operates over 70 medical centers across multiple states, focuses on value-based primary care for seniors.
Starwood Property Trust (NYSE: STWD) declared a $0.48 per share dividend for Q1 2021, payable on April 15, 2021, to stockholders of record as of March 31, 2021. The company has allocated over $66 billion in capital since its inception and manages a portfolio exceeding $18 billion in debt and equity investments. Starwood aims to deliver attractive and stable returns to shareholders through dividends by capitalizing on prime investment opportunities in the real estate and infrastructure sectors.
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