{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-015419","form_type":"8-K","ticker":"STWD","cik":"0001465128","company_name":"STARWOOD PROPERTY TRUST, INC.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.943439+00:00","generated_at":"2026-06-15T21:37:17.712750+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Starwood Property Trust Q1 GAAP EPS $0.16, Distributable EPS $0.49","bullets":["GAAP net income $52M ($0.16/diluted share); Distributable Earnings $157.2M ($0.49/diluted share).","Undepreciated book value per share $21.37; paid dividend of $0.48/share.","LNR affirmed by Fitch at CSS1 — only special servicer with highest rating.","Repaid $250M convertible notes (April 2023) after quarter end; leverage 2.5x.","40% of distributable earnings from non-lending sources; 73% of new origination in infrastructure lending."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-015419","json":"https://secwatch.observer/filing/0001628280-23-015419.json","markdown":"https://secwatch.observer/filing/0001628280-23-015419.md","text":"https://secwatch.observer/filing/0001628280-23-015419.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1465128/000162828023015419/0001628280-23-015419-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1465128/000162828023015419/stwd-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T21:37:17.712750+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d7b9e23d5a6463f7d9489ca9f053333e69d2f16b","claim":"STARWOOD PROPERTY TRUST, INC. reported quarter ended March 31, 2023 results: net income GAAP net income was $52.0 million, EPS Quarterly GAAP Earnings of $0.16 and Distributable Earnings (DE) of $0.49 per Diluted Share.","evidence_excerpt":"– Quarterly GAAP Earnings of $0.16 and Distributable Earnings (DE) of $0.49 per Diluted Share – – Undepreciated Book Value Per Share of $21.37 – – LNR Affirmed by Fitch at CSS1, Only Special Servicer Carrying Highest Rating – – Repaid $250 Million April 2023 Convertible Notes Subsequent to Quarter End – – Paid Dividend of $0.48 per Share – GREENWICH, Conn., May 4, 2023 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended March 31, 2023. The Company’s first quarter 2023 GAAP net income was $52.0 million, and Distributable Earnings (a non-GAAP financial measure) was $157.2 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1465128/000162828023015419/0001628280-23-015419-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended March 31, 2023"},{"label":"Net income","value":"GAAP net income was $52.0 million"},{"label":"EPS","value":"Quarterly GAAP Earnings of $0.16 and Distributable Earnings (DE) of $0.49 per Diluted Share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}