Nora Creedon
On May 12, 2025, the board of directors (the “Board”) of Starwood Real Estate Income Trust, Inc. (the “Company”) appointed Nora Creedon to serve as the Company’s Chief Executive Officer and President, effective July 28, 2025.
Highest-materiality recent filing
Apollo invested $1.02B for 41.5% Class B Common Units in JV holding ~120 affordable housing properties.
Starwood Real Estate Income Trust cuts monthly distribution, severely limits share repurchases
Share repurchase plan amended to only allow repurchases for death/disability and accounts with balances below $5,000, capped at $5M per month.
Nora Creedon appointed CEO of Starwood Real Estate Income Trust, effective July 28, 2025
Creedon succeeds Sean Harris, who resigned to pursue other opportunities, effective same date.
Starwood REIT reports same property NOI up 5.1% YoY to $927M for FY2024
Net loss widened to $724.2M in 2024 from $675.5M in 2023.
SREIT cuts monthly share repurchase limit to 0.33% of NAV; advisor waives 20% management fee
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.
Starwood REIT Q1 same-property NOI +7% YoY; sold $1.8B assets at $335M profit
Same-property NOI for Q1 2024 was $240.8M, up $15.0M or 7% YoY from $225.8M in Q1 2023.
SREIT reports 2023 total return of -8.6%; 5-year annualized return 8.2%
NAV $10.4B; total asset value $25.2B; distribution yield 5.4% as of Jan 31, 2024.
DST Program issues beneficial interests in Delaware statutory trusts holding real properties to accredited investors under Rule 506(b).
On May 12, 2025, the board of directors (the “Board”) of Starwood Real Estate Income Trust, Inc. (the “Company”) appointed Nora Creedon to serve as the Company’s Chief Executive Officer and President, effective July 28, 2025.
Ms. Creedon’s appointment coincides with the resignation of Sean Harris, the Company’s current Chief Executive Officer and President, on May 8, 2025 and effective July 28, 2025.
On March 31, 2025, the board of directors (the “Board”) of Starwood Real Estate Income Trust, Inc. (the “Company”) appointed Jonathan Pollack to serve as a member of the Board, effective April 1, 2025.
Mr. Graham will no longer serve as a director of the Company or as the Company’s Chief Investment Officer.
Mr. McCarthy will remain a director of the Company and the Board appointed him to the role of Vice Chairman of the Board on May 9, 2023
Mr. Graham will no longer serve as a director of the Company or as the Company’s Chief Investment Officer.
appointed Sean Harris, the Company’s President since January 2021, to serve as Chief Executive Officer and as a director of the Company, effective immediately.
Max materiality 0.82 · Median 0.25 · Most common event dividend