secwatch.observer — SEC 8-K summary
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Issuer:     STARWOOD PROPERTY TRUST, INC. (STWD)
CIK:        0001465128
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001628280-23-015419
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starwood Property Trust Q1 GAAP EPS $0.16, Distributable EPS $0.49
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1465128/000162828023015419/0001628280-23-015419-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1465128/000162828023015419/stwd-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-015419

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer