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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 announced its Q3 2020 results, reporting a GAAP net income of $151.8 million, or $0.52 per diluted share, alongside Core Earnings of $148.6 million, or $0.50 per diluted share. The company deployed $1.5 billion during the quarter, capitalizing on lucrative opportunities. Addressing upcoming debt maturities, it raised funds through two successful debt offerings, including its first sustainability bond. With a liquidity of over $880 million and a significant portion of its portfolio in affordable housing producing high yields, Starwood remains well-positioned for future investments.
Starwood Property Trust (NYSE: STWD) will release its Q3 2020 financial results on November 5, 2020, before market opening. A conference call is scheduled for the same day at 10:00 a.m. ET to discuss performance and recent developments. The earnings release will be accessible on the company’s website, with a playback available until November 12, 2020. Starwood has deployed over $63 billion in capital and manages a portfolio exceeding $17 billion, focusing on generating stable returns through dividends.
Starwood Property Trust, Inc. (NYSE: STWD) has priced a $250 million Term Loan B, maturing in July 2026, at L+350. The loan will help repay part of the $500 million senior notes due in February 2021, callable from November 1, 2020. The company emphasizes its sufficient liquidity to manage this repayment. With a focus on real estate and infrastructure financing, Starwood has successfully deployed over $63 billion since inception, managing a portfolio worth over $17 billion.
Starwood Property Trust has declared a dividend of $0.48 per share for Q3 2020, payable on October 15, 2020. Stockholders of record as of September 30, 2020 will receive this dividend. The company has deployed over $63 billion in capital and manages a portfolio exceeding $17 billion across various investments. Starwood aims to generate attractive returns for shareholders through its diversified finance focus on real estate and infrastructure.
Starwood Property Trust (NYSE: STWD) has appointed Fred Perpall as an independent director to its Board, expanding the Board to eight members, six of whom are independent. Perpall, CEO of The Beck Group, brings extensive leadership and real estate experience, aiming to provide fresh insights to drive long-term shareholder value. He will stand for election at the 2021 annual meeting. Starwood has deployed over $63 billion since inception and manages a portfolio exceeding $17 billion across various sectors.
Starwood Property Trust (NYSE: STWD) reported its Q2 2020 results, achieving a GAAP net income of $139.7 million or $0.49 per diluted share, and Core Earnings of $126.1 million or $0.43 per diluted share. The company highlighted its cautious investment strategy amid the COVID-19 pandemic, maintaining over $800 million in cash and undrawn debt capacity. It has reduced its funding obligations by over $700 million while paying dividends. The company is well-positioned to capitalize on future investment opportunities across its diversified business lines.
Starwood Property Trust (NYSE: STWD) plans to release its second quarter 2020 financial results on August 5, 2020, before the market opens. A conference call will follow at 10:00 a.m. ET to review performance and address questions. Investors can access the live call through the Investor Relations section of the company's website. The full earnings release will also be available online on the same date. Starwood has successfully deployed over $63 billion in capital and manages a portfolio of over $17 billion.
Starwood Property Trust has declared a $0.48 dividend per share for the quarter ending June 30, 2020, payable on July 15, 2020. This decision reflects the company's commitment to delivering stable returns for shareholders. Since inception, Starwood has deployed over $63 billion in capital and currently manages a portfolio exceeding $17 billion. The firm focuses on the real estate and infrastructure sectors, aiming to provide attractive returns primarily through dividends.
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