secwatch.observer — SEC 8-K summary
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Issuer:     Starwood Real Estate Income Trust, Inc. (SWDR)
CIK:        0001711929
Form:       8-K
Filed at:   2024-05-23T23:59:59+00:00
Accession:  0001193125-24-145885
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SREIT cuts monthly share repurchase limit to 0.33% of NAV; advisor waives 20% management fee
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- Monthly repurchase limit reduced from 2% to 0.33% of NAV starting May 2024; quarterly limit set at 1% of NAV starting July 1, 2024.
- New limits equate to ~$33M/month, $100M/quarter, or $400M/year based on April 30 NAV.
- Advisor will waive 20% of its management fee (from 1.25% to 1.0% of NAV) until repurchase limits restored to 2%/month and 5%/quarter.
- SREIT maintains 5.4% annualized distribution rate (Class I) during reduced liquidity period.
- Company cites near-bottom real estate market as reason; expects share repurchase limits to last ~6-12 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1711929/000119312524145885/0001193125-24-145885-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1711929/000119312524145885/d56894d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-145885

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