STARWOOD PROPERTY TRUST, INC. - STWD STOCK NEWS

Starwood Capital Group has announced the appointment of Jeff Wechsler as Managing Director in its Acquisitions team, focusing on New York and the Tri-State area. With over 15 years of experience, Wechsler aims to enhance Starwood's acquisition strategies. Previously, he was at Tishman Speyer, leading significant investments in the region. Starwood Capital, with approximately $115 billion in assets under management and a workforce of around 4,000 employees, has raised over $65 billion since its inception and manages Starwood Property Trust (NYSE: STWD).

Starwood Property Trust reported a first quarter 2022 GAAP net income of $324.6 million ($1.02 per diluted share) and Distributable Earnings of $240 million ($0.76 per diluted share). The company highlighted $4.4 billion in investment activity, including $1.9 billion in commercial lending, and noted multifamily properties now comprise 32% of its commercial real estate loan portfolio. A gain of $87 million was recorded from the sale of an industrial asset. Additionally, the company's S&P credit rating was upgraded to BB with a stable outlook.

Starwood Property Trust (NYSE: STWD) will announce its first quarter financial results on May 4, 2022, prior to NYSE market opening. A conference call is scheduled for the same day at 10:00 a.m. ET to discuss performance and recent developments, followed by a Q&A session. Investors can access the call via the company's website and a replay will be available for 90 days. Starwood Property Trust has deployed over $83 billion in capital and manages a portfolio worth over $24 billion, focusing on attractive, stable returns primarily through dividends.

Starwood Capital Group has appointed Rob Tanenbaum as Managing Director and Head of North American Hotel Asset Management. With over 30 years in the hospitality industry, he will enhance the performance of Starwood’s hotel portfolio across North America. Tanenbaum will collaborate with other senior executives on investment underwriting and business strategies. His prior experience includes roles at major hotel REITs and founding Madison Hotel Advisors. Starwood Capital manages approximately $115 billion in assets and has raised over $65 billion since its inception in 1991.

Starwood Property Trust (NYSE: STWD) has declared a quarterly dividend of $0.48 per share for the period ending March 31, 2022. This dividend will be payable on April 15, 2022, to stockholders of record as of March 31, 2022. The company, affiliated with Starwood Capital Group, focuses on diversified finance in the real estate and infrastructure sectors. Starwood Property Trust has successfully deployed over $83 billion in capital and manages a portfolio worth over $24 billion aimed at generating stable returns for shareholders.

Starwood Property Trust (NYSE: STWD) reported its Q4 and full year 2021 results, achieving a GAAP net income of $91.4 million ($0.31 per diluted share) for Q4, and $447.7 million ($1.52 per diluted share) for the full year. Distributable Earnings were $335.0 million ($1.10 per share) for Q4 and $794.1 million ($2.63 per share) for the year, with significant gains from the sale of a 20.6% interest in an affordable housing fund. The company invested a record $16.7 billion in 2021, with a strong liquidity position of $9.0 billion available for future opportunities.

Starwood Capital Group has appointed Steve Goldman as Managing Director and Head of Hotel Acquisitions for the Americas, effective January 31, 2022. Goldman brings over 35 years of hospitality experience and will collaborate with Cody Bradshaw to enhance the firm's hotel and leisure investment strategies. His background includes leadership roles at FelCor Lodging Trust and Sunstone Hotel Investors. Starwood Capital is a global investment firm with over $110 billion in assets under management, including managing Starwood Property Trust (NYSE: STWD), the largest commercial mortgage REIT in the U.S.

Starwood Property Trust (NYSE: STWD) announced tax treatment for its common stock distributions for the year ending December 31, 2021. Investors will receive Form 1099 detailing their earnings and distributions. Total distribution per share is reported at $2.3245, with $1.2600 classified as ordinary taxable dividends. Notably, a portion of the 2021 earnings exceeds distributions, affecting tax reporting for 2022. The company has successfully deployed over $76 billion of capital and manages a diverse portfolio valued at over $21 billion, aiming to generate stable returns through dividends.

Starwood Property Trust (NYSE: STWD) will release its fourth quarter and full year 2021 financial results on February 25, 2022, before market opening. A conference call is scheduled for the same day at 10:00 a.m. Eastern Time, where company officers will discuss performance and recent events. The call can be accessed via the company’s website, and a replay will be available for 90 days. Starwood Property Trust has deployed over $76 billion since inception, managing a portfolio exceeding $21 billion, aimed at generating stable returns for shareholders.