Welcome to our dedicated page for Starwood Prpty news (Ticker: STWD), a resource for investors and traders seeking the latest updates and insights on Starwood Prpty stock.
Starwood Property Trust (NYSE: STWD) is a leading diversified real estate finance company specializing in commercial lending, infrastructure investments, and property management across global markets. This page serves as the definitive source for verified corporate announcements and financial developments.
Access timely updates including earnings reports, acquisition announcements, and regulatory filings, alongside analysis of strategic initiatives shaping the commercial mortgage REIT sector. Our curated news collection enables investors to track portfolio performance indicators and market positioning.
Discover comprehensive coverage of STWD's activities across core business segments: commercial/residential lending operations, infrastructure financing developments, and special servicing updates. Content is rigorously verified to ensure compliance with financial disclosure standards.
Bookmark this page for efficient monitoring of dividend announcements, capital market transactions, and leadership updates directly impacting STWD's position in real estate finance. Combine our news repository with SEC filings for complete investment analysis.
Starwood Property Trust reported strong results for the quarter ended March 31, 2024, with GAAP earnings of $0.48 and Distributable Earnings of $0.59 per diluted share. The company issued $600 million of senior unsecured sustainability notes due 2029, sold a master lease portfolio for $387 million, and recorded over $1.0 billion in loan repayments. Liquidity reached a record $1.5 billion, and undepreciated book value per share stood at $20.69. The company paid a dividend of $0.48 per share. Starwood Property Trust continues to navigate the market successfully, focusing on low leverage multi-cylinder business strategies to create value and deploy capital into the best risk-adjusted investments across all business lines.
Starwood Capital Group, Crescent Real Estate, and High Street Real Estate Partners have successfully sold the 1 Hotel and Embassy Suites in Nashville to Host Hotels and Resorts. The sale marks the completion of a landmark joint venture, showcasing the strength of the hospitality platform and commitment to luxury eco-friendly guest experiences. The award-winning project, comprising an 18-story 1 Hotel and a 30-story Embassy Suites by Hilton tower, has quickly become one of Nashville's top-performing hotel developments. Opened in 2022, the development offers a total of 721 rooms and over 26,000 square feet of meeting space, with premium amenities such as a holistic spa, rooftop bar, swimming pools, and event spaces. The property's innovative and sustainable design has earned it the title of 2022 Development of the Year at the Americas Lodging Investment Summit.
