Starwood Property Trust Closes Acquisition of Fundamental Income

Core Viewpoint - Starwood Property Trust has successfully completed the acquisition of Fundamental Income Properties for approximately $2.2 billion, enhancing its portfolio and cash flow stability for shareholders [1][2]. Company Overview - Starwood Property Trust is a leading diversified finance company focused on real estate and infrastructure sectors, having deployed $108 billion of capital since inception and managing a portfolio worth $27.5 billion across debt and equity investments [4]. Acquisition Details - The acquisition of Fundamental is expected to provide a stable and growing cash flow stream, aligning with Starwood's strategic growth and leveraging existing strengths in the net lease space [2]. - Barry Sternlicht, Chairman and CEO, emphasized the cultural and operational fit of Fundamental's team with Starwood, highlighting the opportunity for growth in the net lease sector [2]. Advisory Information - BofA Securities acted as the sole financial advisor to Starwood Property Trust, while Wells Fargo, Evercore, and Stephens served as financial advisors to Brookfield Asset Management [3].