Profile: Starwood Property Trust Inc (STWD.N)

STWD.N on New York Stock Exchange

25.40USD
12:17pm EDT
Price Change (% chg)

$0.02 (+0.08%)
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$25.38
Open
$25.50
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$25.53
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$25.23
Volume
67,674
Avg. Vol
651,545
52-wk High
$28.93
52-wk Low
$21.11

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Starwood Property Trust, Inc., incorporated on May 6, 2009, is a holding company and conducts its business through its subsidiaries. The Company is focused on originating, investing in, financing and managing commercial mortgage loans and other commercial real estate debt investments, commercial mortgage-backed securities (CMBS), and other commercial real estate-related debt investments. In addition, it also invests in residential mortgage loans and residential mortgage-backed securities (RMBS). It makes certain investments in RMBS, which it uses as an alternative investment for its available cash. In April 2013, Starwood Property Trust Inc acquired LNR Property LLC from Vornado Realty Trust, iStar Financial Inc (24%), Cerebrus, and Oaktree Capital Management LP.

The Company invests in target assets secured by the United States collateral. It focuses on originating or acquiring commercial mortgage whole loans, B-notes, mezzanine loans, preferred equity and mortgage-backed securities. It invests in performing and non-performing mortgage loans and other real estate-related loans and debt investments. It focuses to acquire target assets through portfolio or other acquisitions. It also focuses to invest in commercial properties subject to net leases, as well as in residential mortgage loans and RMBS. As of December 31, 2012, the Company’s collateral property types include hospitality, industrial, office, retail, residential, multi-family, other and mixed use. During the year ended December 31, 2012, it originated 22 loans and acquired 4 loans. Its loan portfolio included first mortgages held for investment, subordinated mortgages held for investment, mezzanine loans held for investment and first mortgages held for sale. As of December 31, 2012, it held 78 RMBS positions. Its manager is an affiliate of Starwood Capital Group.

Company Address

Starwood Property Trust Inc

591 West Putnam Avenue
GREENWICH   CT   06830
P: +1203.4228100
F: +1203.4227784

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