---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-140744"
form_type: "8-K"
ticker: "SWDR"
cik: "0001711929"
company_name: "Starwood Real Estate Income Trust, Inc."
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T21:28:37.167123+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Starwood REIT Q1 same-property NOI +7% YoY; sold $1.8B assets at $335M profit

## Summary
- Same-property NOI for Q1 2024 was $240.8M, up $15.0M or 7% YoY from $225.8M in Q1 2023.
- Net loss improved to $86.3M from $325.2M in Q1 2023, driven by no impairment in 2024 vs $79.8M in 2023.
- Since Q2 2023, sold ~$1.8B of multifamily, industrial and real estate loans, generating $335M profit and 14% IRR; 85% of GAV.
- As of April 30, 2024, liquidity of $752M (8% of NAV): $446M cash, $275M undrawn line (extended for 3 years), $31M liquid securities.
- Multifamily and industrial asset sales achieved 17% IRR and 1.7x multiple on invested capital.

## SEC filing metadata
- accession: 0001193125-24-140744
- form_type: 8-K
- ticker: SWDR
- cik: 0001711929
- company_name: Starwood Real Estate Income Trust, Inc.
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1711929/000119312524140744/0001193125-24-140744-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1711929/000119312524140744/d842411d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-140744
- JSON: https://secwatch.observer/filing/0001193125-24-140744.json
- Plain text: https://secwatch.observer/filing/0001193125-24-140744.txt

## Key facts
- Earnings Releases
  Starwood Real Estate Income Trust, Inc. reported three months ended March 31, 2024 results: net income $(86,286).
  - Period: three months ended March 31, 2024
  - Net income: $(86,286)
  - Result: reported results
  source text: On May 16, 2024, Starwood Real Estate Income Trust, Inc., a Maryland corporation (the “Company”), announced unaudited same property net operating income (“NOI”) for the three months ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1711929/000119312524140744/0001193125-24-140744-index.htm

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