---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-298684"
form_type: "8-K"
ticker: null
cik: "0001986395"
company_name: "Starwood Credit Real Estate Income Trust"
filed_at: "2023-12-19T23:59:59+00:00"
generated_at: "2026-06-07T10:53:44.916685+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Starwood Credit REIT enters $250M repurchase facility with Citibank; appoints Zachary Tanenbaum as COO

## Summary
- Enters $250M Master Repurchase Agreement with Citibank, N.A. to finance eligible loan acquisitions/originations.
- Facility matures December 14, 2025, with three 1-year extension options subject to customary conditions.
- Starwood Credit provides a guaranty covering up to 25% of outstanding obligations; may become full recourse on certain events.
- Elects Zachary H. Tanenbaum as Chief Operating Officer, effective December 13, 2023; he also remains Head of Investor Relations.

## SEC filing metadata
- accession: 0001193125-23-298684
- form_type: 8-K
- cik: 0001986395
- company_name: Starwood Credit Real Estate Income Trust
- filed_at: 2023-12-19T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1986395/000119312523298684/0001193125-23-298684-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1986395/000119312523298684/d932626d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-298684
- JSON: https://secwatch.observer/filing/0001193125-23-298684.json
- Plain text: https://secwatch.observer/filing/0001193125-23-298684.txt

## Key facts
- Debt Financings
  Starwood Credit Real Estate Income Trust incurred credit facility of up to $250 million with Citibank, N.A. at Term SOFR Reference Rate plus a margin maturing December 14, 2025, subject to three (3) one (1) year extension options.
  - Instrument: credit facility
  - Principal: up to $250 million
  - Counterparty: Citibank, N.A.
  - Rate: Term SOFR Reference Rate plus a margin
  - Maturity: December 14, 2025, subject to three (3) one (1) year extension options
  - Event: incurrence
  source text: wned special-purpose financing subsidiaries of Starwood Credit Real Estate Income Trust, a Maryland statutory trust (the “Company”), entered into a Master Repurchase Agreement (together with the related transaction documents, the “Repurchase Agreement”), with Citibank, N.A. (“Citibank”), to finance the acquisition and origination by the Sellers of eligible loans as more particularly described in the Repurchase Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1986395/000119312523298684/0001193125-23-298684-index.htm
- Executive change
  Zachary H. Tanenbaum was elected as Chief Operating Officer at Starwood Credit Real Estate Income Trust.
  - Action: elected
  - Role: Chief Operating Officer
  source text: On December 13, 2023, the Board of Trustees of the Company elected Zachary H. Tanenbaum to serve as the Company’s Chief Operating Officer, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1986395/000119312523298684/0001193125-23-298684-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.