Press release year list 2018 2017 2016 2015 2014 2013 2012 2011 2010
December 30, 2016
 Starwood Property Trust, Inc. (NYSE: STWD) today announced that the conversion rate applicable to its outstanding 4.55% Convertible Senior Notes due 2018 has been adjusted to 47.2712 from 46.7513 and the conversion rate applicable to its outstanding 4.00% Convertible Senior Notes due 2019 has been adjusted to 49.9717 from 49.4927, in each case effective December 28, 2016 and subject to further adjustment as provided in the applicable governing indenture. The adjustments have been made pursuant to the terms of the notes as a result of the cash dividend paid on October 17, 2016, which adjustment was deferred and carried forward as permitted under the applicable indenture, and the cash dividend with an ex-dividend date of December 28, 2016 to be paid on January 13, 2017. About Starwood Property Trust, Inc. Starwood Property Trust, Inc. (NYSE: STWD), an affiliate of global private investment firm Starwood Capital Group, is the largest commercial mortgage real estate investment trust ...
December 19, 2016
Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") announced today that it has closed a new $300 million four-year secured term loan and a new $100 million four-year secured revolving credit facility. The Company also has recently completed debt and equity offerings totaling over $1.1 billion, including an upsized private offering of $700 million of 5% unsecured senior notes due 2021 and a common stock issuance with net proceeds of $448.1 million. "We are thrilled to have fortified our balance sheet through our recent capital markets activities which have the benefits of increasing our liquidity, extending the tenor of our financings and unencumbering a significant portion of our assets. Importantly, we successfully accessed the unsecured senior debt markets for the first time in our Company's history, highlighting the strength of our credit profile and opening an additional source of financing going forward," stated Barry Sternlicht, Chairman and Chief Executive Officer of ...
December 9, 2016
Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced that it has upsized and priced its private offering of $700 million aggregate principal amount of its 5.000% unsecured senior notes due 2021 (the "Notes"). The offering was upsized from the previously announced $500 million aggregate principal amount. The Notes priced at 100.000% of the principal amount and the settlement of the offering is expected to occur on December 16, 2016, subject to customary closing conditions. The Company intends to use the net proceeds from this offering to repay a portion of the amount outstanding under its existing $653.2 million term loan agreement and for other general corporate purposes, which may include the payment of liabilities and other working capital needs. The Notes will be offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and non-U.S. persons pursuant to Regulation S under the ...
December 8, 2016
Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced that the underwriters for its recently-announced public offering of 17,800,000 shares of its common stock have exercised in full their option to purchase up to an additional 2,670,000 shares.  After giving effect to the full exercise of the option, the Company is selling a total of 20,470,000 shares of common stock in the offering for aggregate net proceeds of approximately $448.1 million, after deducting the Company's estimated expenses.  Settlement of the sale of the additional shares is expected to take place on December 9, 2016, concurrently with the settlement of the sale of the initial 17,800,000 shares, subject to customary closing conditions.  All of the shares will be issued under the Company's currently effective shelf registration statement filed with the Securities and Exchange Commission. The Company intends to use the net proceeds received from the offering to originate and purchase additional ...
December 5, 2016
Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced the pricing of an underwritten public offering of 17,800,000 shares of its common stock for total estimated gross proceeds of approximately $394.3 million (or approximately $453.4 million if the option to purchase additional shares is exercised in full).  The underwriters have a 30-day option to purchase up to an additional 2,670,000 shares from the Company.  Settlement of the offering is subject to customary closing conditions and is expected to occur on December 9, 2016.  All of the shares will be issued under the Company's currently effective shelf registration statement filed with the Securities and Exchange Commission. The Company intends to use the net proceeds received from the offering to originate and purchase additional commercial mortgage loans and other target assets and investments. The Company may also use a portion of the net proceeds for other general corporate purposes, including, but not ...
December 5, 2016
Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced that it is offering 17,800,000 shares of its common stock in an underwritten public offering.  The underwriters will have a 30-day option from the date of the offering to purchase up to an additional 2,670,000 shares from the Company.  All of the shares will be issued under the Company's currently effective shelf registration statement filed with the Securities and Exchange Commission. The Company intends to use the net proceeds received from the offering to originate and purchase additional commercial mortgage loans and other target assets and investments. The Company may also use a portion of the net proceeds for other general corporate purposes, including, but not limited to, the payment of liabilities and other working capital needs. J.P. Morgan, BofA Merrill Lynch, Citigroup, Credit Suisse and Wells Fargo Securities will serve as joint book-running managers for the offering. The offering of these ...
December 5, 2016
Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced that it is offering $500 million aggregate principal amount of its unsecured senior notes due 2021 (the "Notes") in a private offering. The Company intends to use the net proceeds from this offering to repay a portion of the amount outstanding under its existing $653.2 million term loan agreement and for other general corporate purposes, which may include the payment of liabilities and other working capital needs. The Notes will be offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and non-U.S. persons pursuant to Regulation S under the Securities Act. The Notes will not initially be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from the registration requirements of the Securities Act ...
October 25, 2016
Starwood Property Trust (NYSE: STWD) today announced that the Company will release its third quarter 2016 financial results on Wednesday, November 2, 2016 before the opening of trading on the New York Stock Exchange. A conference call will be held on Wednesday, November 2, 2016 at 10:00 a.m. Eastern Time. During the conference call, the Company's officers will review third quarter performance, discuss recent events and conduct a question-and-answer period. Webcast The conference call will also be available in the Investor Relations section of the Company's website at www.starwoodpropertytrust.com . To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software.  A replay of the call will also be available for 90 days on the Company's website. To Participate in the Telephone Conference Call: Dial in at least five minutes prior to start time. Domestic: 1-888-891-7634 ...
June 30, 2016
Starwood Property Trust (NYSE: STWD) today announced that the Company will release its second quarter 2016 financial results on Thursday, August 4, 2016 before the opening of trading on the New York Stock Exchange. A conference call will be held on Thursday, August 4, 2016 at 10:00 a.m. Eastern Time. During the conference call, the Company's officers will review second quarter performance, discuss recent events and conduct a question-and-answer period. Webcast The conference call will also be available in the Investor Relations section of the Company's website at www.starwoodpropertytrust.com . To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software.  A replay of the call will also be available for 90 days on the Company's website To Participate in the Telephone Conference Call: Dial in at least five minutes prior to start time. Domestic: 1-888-364-3104 International: ...
June 28, 2016
 Starwood Property Trust, Inc. (NYSE: STWD) today announced that the conversion rate applicable to its outstanding 4.55% Convertible Senior Notes due 2018 has been adjusted to 46.7513 from 46.1565 and the conversion rate applicable to its outstanding 4.00% Convertible Senior Notes due 2019 has been adjusted to 49.4927 from 48.9439, in each case effective June 28, 2016 and subject to further adjustment as provided in the applicable governing indenture. The adjustments have been made pursuant to the terms of the notes as a result of the cash dividend paid on April 15, 2016, which adjustment was deferred and carried forward as permitted under the applicable indenture, and the cash dividend with an ex-dividend date of June 28, 2016 to be paid on July 15, 2016. About Starwood Property Trust, Inc. Starwood Property Trust (NYSE: STWD), an affiliate of global private investment firm Starwood Capital Group, is the largest commercial mortgage real estate investment trust in the United ...
June 1, 2016
Starwood Property Trust, Inc. (NYSE: STWD) today announced that Dennis Schuh has been appointed Chief Originations Officer of Starwood Property Trust. In this role, Mr. Schuh will oversee loan originations and report directly to Jeffrey DiModica, President of Starwood Property Trust. "We are pleased to welcome Dennis to the Starwood team and believe his strong experience in the real estate debt and capital markets industry will be highly beneficial for the Company. The powerful combination of Dennis's industry knowledge, market expertise and long standing relationships will further strengthen our loan origination platform as we continue to pursue attractive opportunities in the current dynamic market environment. Our large loan lending business will remain the cornerstone of our investing platform alongside our property, securities investing, servicing and conduit origination businesses," stated Jeffrey DiModica, President of Starwood Property Trust. Previously, Mr. Schuh worked for ...
April 5, 2016
Starwood Property Trust (NYSE: STWD) announced today that its 2016 Annual Meeting of Shareholders will be held on Wednesday April 27, 2016 at 2:00 p.m., Eastern time, at the Delamar Greenwich Harbor Hotel, 500 Steamboat Road, Greenwich, Connecticut 06830. Shareholders of record of the Company's Common Shares as of the close of business on March 10, 2016 are entitled to vote at and attend the Annual Meeting. About Starwood Property Trust, Inc. Starwood Property Trust (NYSE: STWD), an affiliate of global private investment firm Starwood Capital Group, is the largest commercial mortgage real estate investment trust in the United States. The Company's core business focuses on originating, acquiring, financing and managing commercial mortgage loans and other commercial real estate debt and equity investments. Through its subsidiaries LNR Property, LLC and Hatfield Philips International, Starwood Property Trust also operates as the largest commercial mortgage special servicer in the United ...
April 4, 2016
Starwood Property Trust (NYSE: STWD) today announced that the Company will release its first quarter 2016 financial results on Monday, May 9, 2016 before the opening of trading on the New York Stock Exchange. A conference call will be held on Monday, May 9, 2016 at 9:00 a.m. Eastern Time. During the conference call, the Company's officers will review first quarter performance, discuss recent events and conduct a question-and-answer period. Webcast The conference call will also be available in the Investor Relations section of the Company's website at www.starwoodpropertytrust.com . To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software.  A replay of the call will also be available for 90 days on the Company's website To Participate in the Telephone Conference Call: Dial in at least five minutes prior to start time. Domestic: 1-877-741-4241 International: 1-719-325-4765 ...
January 27, 2016
Starwood Property Trust, Inc. (NYSE: STWD) ("the Company") today announced the tax treatment for the Company's distributions on its common stock (CUSIP: 85571B105) paid with respect to the calendar year ended December 31, 2015: Form 1099 Reference:  (Boxes 1a + 2a + 3)  Box 1a  Box 1b  Box 2a Box 2b Box 3 Record Date Payable Date  Cash Distribution Per Share Ordinary Taxable Dividend  Taxable Qualified Dividends (1)  Total Capital Gain Distribution Unrecaptured 1250 Gain (2) Nondividend Distributions (3) 12/31/14 01/15/15 0.4800 0.4410 0.0391 0.0390 - - 03/31/15 04/15/15 0.4800 0.4410 0.0391 0.0390 - - 06/30/15 07/15/15 0.4800 0.4410 0.0391 0.0390 - - 09/30/15 10/15/15 0.4800 0.4410 0.0391 0.0390 - - 12/31/15 1/15/16 0.1506 0.1384 0.0122 0.0122 - - Totals 2.0706 1.9024 0.1686 0.1682 - - (1) Amounts in 1b are included in 1a ...
January 26, 2016
Starwood Property Trust, Inc. (NYSE: STWD) today announced preliminary operating results for the fiscal quarter and year ended December 31, 2015.  The Company expects to report Core Earnings (a non-GAAP financial measure) in the range of $0.53 to $0.55 per diluted share for the fourth quarter 2015 and $2.17 to $2.19 per diluted share for full year 2015, exceeding the Company's previously announced guidance range of $2.13 to $2.17 per diluted share. The Company expects to report GAAP net income in the range of $0.38 to $0.40 per diluted share for the fourth quarter 2015 and $1.89 to $1.91 per diluted share for full year 2015. On a fully diluted basis, the Company's book value per share at December 31, 2015 is currently estimated to be approximately $17.29, compared to $17.43 at September 30, 2015. "We view our stock as a very compelling investment and are therefore pre-announcing our strong fourth quarter and full year 2015 results so we can be in a position to repurchase shares," ...