Starwood Property Trust (NYSE: STWD), an affiliate of global private investment firm Starwood Capital Group, is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. As of March 31, 2025, the Company has successfully deployed over $104 billion of capital since inception and manages a portfolio of over $26 billion across debt and equity investments. Starwood Property Trust's investment objective is to generate attractive and stable returns for shareholders, pr ...

MIAMI BEACH, Fla., June 3, 2025 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital"), a leading global private investment firm, today announced the closings of its latest private credit-focused vehicles: Starwood Real Estate Debt Strategies U.S. ("SREDS"), Starwood European Real Estate Debt Finance II ("SEREDF II"), and Starwood Australian Real Estate Debt Finance Trust I ("SAREDF"). Together with related co-investment vehicles, these closings represent total capital commitments of $2.86 billion.The ...

AGNC Investment Corp. (AGNC) and Starwood Property Trust, Inc. (STWD) are two of the known names within the mortgage real estate investment trusts (mREITs) industry. Both offer favorable long-term stockholder returns and a massive dividend yield.But which one offers the better opportunity for investors right now? Let us break down the strengths, risks and growth potential of AGNC and STWD.The Case for AGNCAGNC Investment adheres to an active portfolio-management policy, which includes re-evaluation and adju ...

Starwood Property (NYSE: STWD )’s earnings scorecard for Q1’25 highlighted a weak distributable earnings picture as the dividend coverage ratio for the first time in the last year dipped below 1.0X. Starwood Property also saw headwinds in its key commercial andAnalyst’s Disclosure: I/we have a beneficial long position in the shares of STWD, LADR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it ...

I rate Starwood Property Trust, Inc. (NYSE: STWD ) a Strong Buy, for income-focused investors interested in real estate investment trusts (REITs). The REIT is a hybrid in that it focuses on mortgages and lending but alsoDavid A. Johnson is founder and principal of Endurance Capital Management, a New Jersey Limited Liability Company. As an investor entrepreneur, David invests in stocks, bonds, options, ETFs, REITs, real estate, closed end funds and alternative investment funds such as hedge funds and private ...

MIAMI BEACH, Fla., May 14, 2025 /PRNewswire/ -- Starwood Real Estate Income Trust, Inc. ("SREIT"), a non-listed REIT managed by Starwood Capital Group ("Starwood Capital"), today announced that Nora Creedon, a seasoned real estate investment executive with nearly two decades of REIT leadership experience, has been appointed SREIT's President and Chief Executive Officer effective July 28, 2025. Ms. Creedon will succeed Sean Harris who is stepping down to pursue other opportunities.Ms. Creedon joins SREIT aft ...

Core Viewpoint - Starwood Property Trust, Inc. (STWD) reported a decline in adjusted distributable earnings and revenues for the first quarter of 2025, indicating challenges in its financial performance compared to the previous year [1][3][6]. Financial Performance - Adjusted distributable earnings for Q1 2025 were 45 cents per share, missing the Zacks Consensus Estimate of 46 cents and down from 59 cents per share in the same quarter last year [1]. - Net income on a GAAP basis was $112.3 million, reflecting a 27.2% decrease year over year [2]. - Total revenues amounted to $418.2 million, a decline of 20.1% compared to the prior year [3]. - Total costs and expenses were $384.2 million, down 24.6% from the previous year, primarily due to reduced interest expenses and management fees [3]. Balance Sheet Position - As of March 31, 2025, cash and cash equivalents increased to $440.6 million, up 16.6% from the prior quarter [5]. - Loans held for sale totaled $2.4 billion, slightly down from $2.5 billion in the previous quarter [5]. - The book value per share (BVPS) was $18.87, down 4.9% from $19.85 in the prior-year quarter [3]. Strategic Insights - The company continues to focus on commercial mortgage-backed securities and commercial real estate debt investments, which are expected to generate stable income [6]. - Active engagement in property acquisition and divestiture is aimed at optimizing the asset base and adapting to market changes [6]. - Despite the positive cash balance and reduced expenses, the year-over-year decline in revenues and BVPS raises concerns [6].

Starwood Property Trust (STWD) Q1 2025 Earnings Call May 09, 2025 10:00 AM ET Company Participants Zachary Tanenbaum - MD & Head of Investor StrategyRina Paniry - CFOJeffrey Dimodica - PresidentBarry Sternlicht - Chairman and CEODonald Fandetti - Managing DirectorJade Rahmani - Managing DirectorAdam Behlman - President of Real Estate Investing & Servicing Conference Call Participants Douglas Harter - Equity Research AnalystRichard Shane - Analyst Operator Greetings, and welcome to the Starwood Property Trus ...

Financial Data and Key Metrics Changes - The company reported distributable earnings (DE) of $156 million or $0.45 per share, while GAAP net income was $112 million or $0.33 per share [5] - The company committed $2.3 billion towards new investments, marking the highest quarter in nearly three years [5] - The overall loan book grew by $859 million, reaching $14.5 billion at quarter end [6][23] - The CECL reserve decreased by $26 million to $456 million, representing 4.2% of the lending and REO portfolios [9] Business Line Data and Key Metrics Changes - Commercial and residential lending contributed DE of $179 million or $0.51 per share, with $1.4 billion of loans originated [6] - The residential lending portfolio ended the quarter at $2.4 billion, with repayments at par [10] - The investing and servicing segment contributed DE of $50 million or $0.14 per share, with a servicing portfolio of $9.6 billion [12] - Infrastructure lending saw a record commitment of $677 million, with a portfolio of $2.8 billion at quarter end [13] Market Data and Key Metrics Changes - The company noted that the CMBS single asset single borrower market has pulled back, creating opportunities for well-capitalized lenders [16] - The company has seen a significant increase in debt and equity deals in the market, with 50% more deals compared to the same period last year [16] - The company expects to maintain a strong origination pace, with over $1 billion already closed in the first month of the second quarter [16] Company Strategy and Development Direction - The company aims to achieve investment grade status and grow all investment segments, including exploring acquisitions in the residential credit space [29][36] - The focus is on three investment themes: data centers, Europe, and multifamily assets, with 70% of Q1 equity in data centers [22] - The company plans to leverage its strong balance sheet and liquidity to capitalize on market opportunities [44] Management's Comments on Operating Environment and Future Outlook - Management anticipates a weakening economy but believes it will lead to lower interest rates, which could benefit the property segment [32] - The company is optimistic about transaction volumes re-accelerating and sees a favorable environment for capital deployment [33][34] - Management highlighted the importance of maintaining a disciplined growth strategy, avoiding unnecessary risks while capitalizing on opportunities [82] Other Important Information - The company has a current liquidity of $1.5 billion, excluding potential liquidity from asset sales and refinancings [14] - The adjusted debt to undepreciated equity ratio ended the quarter at 2.25x, indicating a strong capital position [15] - The company has over $650 million in reserves for its CRE lending book, which is expected to lead to lower reserves and higher earnings in the future [24] Q&A Session Summary Question: Progress on resolving nonperforming loans - Management indicated progress on resolving nonperforming loans, with expectations to sell certain apartment deals at their basis this year [49] Question: Opportunities in residential credit - Management acknowledged the potential in residential credit and is exploring opportunities to re-enter the market, including the possibility of acquiring an originator [70] Question: Corporate M&A outlook - Management expressed optimism about potential M&A activity in the sector, noting that some companies may be under pressure to consolidate [76] Question: Timing of loan closings and interest income - Management expects an increase in interest income in Q2 due to a strong pipeline and significant loan closings at the end of Q1 [80] Question: Subordinate debt opportunities - Management indicated plans to explore opportunities in subordinate debt, including originating mezzanine loans and participating in B pieces [84]

Q1 2025 SUPPLEMENTAL REPORTING INFORMATION Table of Contents | Press Release | Page | 1 | | --- | --- | --- | | Highlights | Page | 7 | | Commercial and Residential Lending Segment | Page | 10 | | Infrastructure Lending Segment | Page | 18 | | Property Segment | Page | 19 | | Investing and Servicing Segment | Page | 22 | | Capitalization | Page | 24 | | Appendix | Page | 30 | (i) Cover photo: $190M first mortgage participation in The Perigon, Miami Beach PRESS RELEASE – Closed $1.3 Billion After Quarter End ...