Highest-materiality recent filing
Starwood Property Trust launches $600M private offering of unsecured notes due 2031
Offering $600M unsecured senior notes due 2031 in a private placement under Rule 144A/Reg S.
Starwood Property Trust Q1: GAAP net income $51.9M, DE $147.3M; $4B invested YTD
GAAP net income $51.9M ($0.13 diluted EPS); Distributable Earnings $147.3M ($0.39 per diluted share).
Starwood Property Trust Q4 GAAP EPS $0.26; full-year distributable EPS $1.69
Q4 GAAP net income $96.9M ($0.26 EPS); Distributable Earnings $159.5M ($0.42 EPS).
Starwood Property Trust reports Q3 2025 GAAP EPS $0.19, Distributable EPS $0.40, invests $4.6B
GAAP net income $72.6M ($0.19/diluted share); Distributable Earnings $148.6M ($0.40/share).
Starwood Property Trust issues $500M of 5.250% senior notes due 2028
$500M aggregate principal of 5.250% unsecured senior notes maturing Oct 15, 2028.
Starwood Property Trust Q2 GAAP EPS $0.38, DE $0.43; acquires $2.2B net lease platform
GAAP net income $129.8M, diluted EPS $0.38; Distributable Earnings $151.1M ($0.43 per share).
Starwood Property Trust raises ~$502M in equity offering to fund Fundamental Income acquisition
Issued 25.5M shares; net proceeds ~$501.5M (~$577M if underwriters' option fully exercised).
Starwood Property Trust to acquire $2.2B net lease platform; Q2 prelim EPS $0.36-$0.38
Acquisition of Fundamental Income Properties for ~$2.2B inclusive of debt; 467 properties, 92 tenants, 17-year weighted avg lease term.
Starwood Property Trust files $500M ATM equity offering program
Entered sales agreement with 9 agents to sell up to $500M of common stock at market prices, with commissions up to 2.0%.
Starwood Property Trust Q1 2025 GAAP EPS $0.33, DE $0.45; invested $2.3B
GAAP net income $112.3M ($0.33 per diluted share); Distributable Earnings $156.3M ($0.45 per share).
Starwood Property Trust appoints Jonathan Pollack to Board as Vice Chairman
Board expanded from 9 to 10; Pollack appointed effective April 1, 2025.
Starwood Property Trust Q4 GAAP EPS $0.15, Distributable EPS $0.48; Full year GAAP EPS $1.10
Q4 GAAP net income $51.6M ($0.15/sh) vs $52.4M credit loss provision; Distributable earnings $166.7M ($0.48/sh).
Starwood Property Trust issues $500M in 6.500% senior notes due 2030
$500M aggregate principal, 6.500% rate, maturity July 1, 2030, semi-annual interest starting July 1, 2025.
Private offering of $400M senior notes due 2030; net proceeds to repay existing $400M 3.750% notes due 2024.
Starwood Property Trust Q3 2024 GAAP EPS $0.23, DE $0.48; record liquidity $1.8B
GAAP net income $76.1M ($0.23 per diluted share), including $66.4M credit loss provision.
Starwood Property Trust closes $400M 6.000% senior notes due 2030
$400M aggregate principal of 6.000% unsecured senior notes due April 15, 2030; interest semi-annual beginning April 15, 2025.
Starwood Property Trust prices $400M private offering of 6.000% senior notes due 2030
Priced $400 million aggregate principal amount of 6.000% unsecured senior notes due 2030.
Starwood Property Trust closes ~$340.5M common stock offering of 17.5M shares
Issued 17,500,000 shares of common stock at ~$19.46 per share; net proceeds ~$340.5M.
GAAP net income $77.9M ($0.24 diluted EPS), includes $42.7M credit loss provision.
Starwood Property Trust Q1 GAAP EPS $0.48, DE $0.59; record liquidity $1.5B
GAAP net income $154.3M ($0.48 diluted EPS); Distributable Earnings $191.6M ($0.59/sh).
Starwood Property Trust prices $600M 7.250% senior notes due 2029, upsized from $400M
Priced $600M aggregate principal of 7.250% unsecured senior notes due 2029, up from originally planned $400M.
Starwood Property Trust launches $400M sustainability bond offering due 2029
Private offering of $400M aggregate principal amount of unsecured senior notes due 2029.
Starwood Property Trust Q4 GAAP EPS $0.22, DE $0.58; FY23 GAAP EPS $1.07, DE $2.05
Q4 GAAP net income $71.0M ($0.22/diluted share); FY GAAP net income $339.2M ($1.07/share).
Starwood Property Trust Q3 GAAP EPS $0.15, DE $0.49; deployed $652M in assets
GAAP net income $47.4M ($0.15 diluted); Distributable Earnings $158.4M ($0.49 diluted).
Starwood Property Trust Q2 2023 GAAP EPS $0.54; Distributable Earnings $0.49 per share
GAAP net income of $168.8M ($0.54 diluted EPS); Distributable Earnings of $157.5M ($0.49 per share).
Starwood Property Trust issues $350M of 6.750% Convertible Senior Notes due 2027
Issued $350M of 6.750% Convertible Senior Notes due July 15, 2027; settlement July 3, 2023.
Starwood Property Trust Q1 GAAP EPS $0.16, Distributable EPS $0.49
GAAP net income $52M ($0.16/diluted share); Distributable Earnings $157.2M ($0.49/diluted share).
Starwood Property Trust Q4 GAAP EPS $0.44, DE $0.50; FY22 GAAP EPS $2.74, DE $2.28
Q4 GAAP net income $140.0M ($0.44/diluted share); Distributable Earnings $160.5M ($0.50/share).
appointed Jonathan Pollack to serve as a member of the Board, and to serve as a member of the Investment Committee of the Board, with each action effective as of April 1, 2025.
On April 28, 2023, Andrew J. Sossen, Chief Operating Officer, resigned from Starwood Property Trust, Inc.
On April 6, 2023, the Board of Directors (the “Board”) of Starwood Property Trust, Inc. (the “Company”) increased the size of the Board from eight to nine directors and appointed Deborah L. Harmon to serve as a member of the Board.
Max materiality 0.85 · Median 0.60 · Most common event debt