December 15, 2021
Starwood Property Trust, Inc. (NYSE: STWD) ("the Company") today announced that the Company's Board of Directors has declared a dividend of $0.48 per share of common stock for the quarter ending December 31, 2021. The dividend is payable on January 14, 2022 to stockholders of record as of December 31, 2021. About Starwood Property Trust, Inc . Starwood Property Trust (NYSE: STWD), is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. An affiliate of global private investment firm Starwood Capital Group, the Company has successfully deployed over $76 billion of capital since inception and manages a portfolio of over $21 billion across debt and equity investments. Starwood Property Trust's investment objective is to generate attractive and stable returns for shareholders, primarily through dividends, by leveraging a premiere global organization to identify and execute on the best risk adjusted returning investments across its target
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December 7, 2021
Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced the pricing of an underwritten public offering of 16,000,000 shares of its common stock for total estimated gross proceeds of approximately $397.1 million (or approximately $456.7 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 2,400,000 shares from the Company. Settlement of the offering is subject to customary closing conditions and is expected to occur on December 10, 2021. 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
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December 7, 2021
Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced that, subject to market and other conditions, it is offering 16,000,000 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 2,400,000 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. Citigroup, BofA Securities, Morgan Stanley and Wells Fargo Securities will serve as joint book-running managers and BTIG and Keefe,
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December 1, 2021
Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced that it has priced its private offering of $400 million aggregate principal amount of its 3.750% unsecured senior notes due 2024 (the "Notes"). The Notes priced at 100.00% of the principal amount and the settlement of the offering is expected to occur on December 15, 2021, subject to customary closing conditions. The Company intends to allocate an amount equal to the net proceeds from the offering to finance or refinance, in whole or in part, recently completed or future eligible green and/or social projects. Eligible green and/or social projects are projects that meet specified eligibility criteria in alignment with the four core pillars of the Green Bond Principles, 2018, Social Bond Principles, 2020 and Sustainability Bond Guidelines, 2018, and include investments in, financings of and/or acquisitions of one or more of the following: (i) renewable energy, (ii) green buildings and (iii) affordable housing.
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December 1, 2021
Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced that, subject to market and other conditions, it is offering $400 million aggregate principal amount of its unsecured senior notes due 2024 (the "Notes") in a private offering. The Company intends to allocate an amount equal to the net proceeds from the offering to finance or refinance, in whole or in part, recently completed or future eligible green and/or social projects. Eligible green and/or social projects are projects that meet specified eligibility criteria in alignment with the four core pillars of the Green Bond Principles, 2018, Social Bond Principles, 2020 and Sustainability Bond Guidelines, 2018, and include investments in, financings of and/or acquisitions of one or more of the following: (i) renewable energy, (ii) green buildings and (iii) affordable housing. Net proceeds allocated to previously incurred costs associated with eligible green and/or social projects will be available for the
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November 9, 2021
- Quarterly GAAP Earnings of $0.44 and Distributable Earnings of $0.52 per Diluted Share -
- $3.8 Billion of Investment Activity in Third Quarter -
- $9.6 Billion of Investment Activity Year-to-Date, Including $5.6 Billion in Commercial Lending -
- Paid Dividend of $0.48 per Share -
- After Quarter End, Sold a 20.6% Interest in New Investment Fund Which Holds Affordable Housing Portfolio at a $2.3 Billion Valuation - Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended September 30, 2021. The Company's third quarter 2021 GAAP net income was $128.6 million, or $0.44 per diluted share, and Distributable Earnings (a non-GAAP financial measure) was $155.1 million, or $0.52 per diluted share. "We have been telling you for years about the significant unrealized gains in our property portfolio which highlights the uniqueness of our diversified platform and differentiates us from our peers. We are pleased to
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October 25, 2021
University leaders and community members gathered for a series of events, tours and receptions that celebrated an innovative new space committed to helping students thrive. PROVIDENCE, R.I. [Brown University] — In a series of events, tours and receptions held at 450 Brook St. in Providence on Thursday, Oct. 21, and Saturday, Oct. 23, Brown University leaders, generous donors and community members gathered to dedicate a unique residence hall and student services hub devoted entirely to promoting health, happiness and well-being for Brown’s full student population. The events offered the opportunity to celebrate Sternlicht Commons and Brown University Health & Wellness Center and the impact of everyone who enabled its creation. The idyllic autumn weather added festivity to the celebrations: Golden light shone down the center’s wide, neutral-toned corridors, streamed through walls of windows and beamed on relaxing rooftop and ground-floor green spaces. It provided
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October 11, 2021
Starwood Property Trust (NYSE: STWD) today announced that the Company will release its third quarter 2021 financial results on Tuesday, November 9, 2021 before the opening of trading on the New York Stock Exchange. A conference call will be held on Tuesday, November 9, 2021 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: 1-877-407-9039
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September 15, 2021
Starwood Property Trust, Inc. (NYSE: STWD) ("the Company") today announced that the Company's Board of Directors has declared a dividend of $0.48 per share of common stock for the quarter ending September 30, 2021. The dividend is payable on October 15, 2021 to stockholders of record as of September 30, 2021. About Starwood Property Trust, Inc . Starwood Property Trust (NYSE: STWD), is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. An affiliate of global private investment firm Starwood Capital Group, the Company has successfully deployed over $72 billion of capital since inception and manages a portfolio of over $19 billion across debt and equity investments. Starwood Property Trust's investment objective is to generate attractive and stable returns for shareholders, primarily through dividends, by leveraging a premiere global organization to identify and execute on the best risk adjusted returning investments across its target
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August 5, 2021
- Quarterly GAAP Earnings of $0.40 and Distributable Earnings of $0.51 per Diluted Share -
- $3.1 Billion of Investment Activity in Second Quarter, Including $1.7 Billion in Commercial Lending -
- $5.8 Billion of Investment Activity in First Half, Including $4.0 Billion in Commercial Lending -
- Paid Dividend of $0.48 per Share -
- Issued $400 Million of 3.625% Senior Sustainability Notes Due 2026 - Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended June 30, 2021. The Company's second quarter 2021 GAAP net income was $116.3 million, or $0.40 per diluted share, and Distributable Earnings (a non-GAAP financial measure) was $153.2 million, or $0.51 per diluted share. "We are pleased to report another very active quarter growing our total portfolio to a record of $19.3 billion. Our diversified business remains extremely well positioned with strong asset performance across our cylinders and a growing
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July 6, 2021
Starwood Property Trust (NYSE: STWD) today announced that the Company will release its second quarter 2021 financial results on Thursday, August 5, 2021 before the opening of trading on the New York Stock Exchange. A conference call will be held on Thursday, August 5, 2021 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: 1-877-407-9039
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June 29, 2021
Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced that it has priced its private offering of $400 million aggregate principal amount of its 3.625% unsecured senior notes due 2026 (the "Notes"). The Notes priced at 100.00% of the principal amount and the settlement of the offering is expected to occur on July 14, 2021, subject to customary closing conditions. The Company intends to allocate an amount equal to the net proceeds from the offering to finance or refinance, in whole or in part, recently completed or future eligible green and/or social projects. Eligible green and/or social projects are projects that meet specified eligibility criteria in alignment with the four core pillars of the Green Bond Principles, 2018, Social Bond Principles, 2020 and Sustainability Bond Guidelines, 2018, and include investments in, financings of and/or acquisitions of one or more of the following: (i) renewable energy, (ii) green buildings and (iii) affordable housing. Net
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June 29, 2021
Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced that, subject to market and other conditions, it is offering $400 million aggregate principal amount of its unsecured senior notes due 2026 (the "Notes") in a private offering. The Company intends to allocate an amount equal to the net proceeds from the offering to finance or refinance, in whole or in part, recently completed or future eligible green and/or social projects. Eligible green and/or social projects are projects that meet specified eligibility criteria in alignment with the four core pillars of the Green Bond Principles, 2018, Social Bond Principles, 2020 and Sustainability Bond Guidelines, 2018, and include investments in, financings of and/or acquisitions of one or more of the following: (i) renewable energy, (ii) green buildings and (iii) affordable housing. Net proceeds allocated to previously incurred costs associated with eligible green and/or social projects will be available for the
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June 14, 2021
Starwood Property Trust, Inc. (NYSE: STWD) ("the Company") today announced that the Company's Board of Directors has declared a dividend of $0.48 per share of common stock for the quarter ending June 30, 2021. The dividend is payable on July 15, 2021 to stockholders of record as of June 30, 2021. About Starwood Property Trust, Inc . Starwood Property Trust (NYSE: STWD), is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. An affiliate of global private investment firm Starwood Capital Group, the Company has successfully deployed over $69 billion of capital since inception and manages a portfolio of over $18 billion across debt and equity investments. Starwood Property Trust's investment objective is to generate attractive and stable returns for shareholders, primarily through dividends, by leveraging a premiere global organization to identify and execute on the best risk adjusted returning investments across its target assets.
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May 6, 2021
- Quarterly GAAP Earnings of $0.38 and Distributable Earnings of $0.50 per Diluted Share -
- Originated or Acquired $2.7 Billion of Assets, Including $2.2 Billion in Commercial Lending -
- Paid Dividend of $0.48 per Share for 29th Straight Quarter -
- Completed $500 Million Inaugural Infrastructure CLO and $1.3 Billion CRE CLO -
- LNR Upgraded by Fitch to CSS1, Only Special Servicer Carrying Highest Rating - Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended March 31, 2021. The Company's first quarter 2021 GAAP net income was $111.4 million, or $0.38 per diluted share, and Distributable Earnings (a non-GAAP financial measure) was $150.8 million, or $0.50 per diluted share. "We benefited from a strong start to the year with $2.7 billion of capital deployed in the first quarter across our business cylinders, including $2.2 billion in Commercial Lending, bringing our post-COVID capital deployment to $5.7
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April 6, 2021
Starwood Property Trust (NYSE: STWD) today announced that the Company will release its first quarter 2021 financial results on Thursday, May 6, 2021 before the opening of trading on the New York Stock Exchange. A conference call will be held on Thursday, May 6, 2021 at 10:00 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: 1-877-407-9039
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March 25, 2021
Starwood Property Trust, Inc. (NYSE: STWD) ("the Company") today announced that the Company has launched an on-demand webinar series hosted by members of STWD's senior management team, designed to provide an in-depth understanding of each of the Company's business cylinders and its global platform in real estate and infrastructure. "Since our inception over 11 years ago, we have continued to strive for best in class disclosures and investor communications. We are very excited to launch this webinar series, which we believe will benefit both current and prospective investors in STWD, as we provide enhanced disclosure on our company, including our individual business lines, our financing strategy and our environmental, social and governance (ESG) program," stated Barry Sternlicht, Chairman and CEO of Starwood Property Trust. The Webinar Series can be accessed on the Company's website in the Investor Relations section at www.starwoodpropertytrust.com . About Starwood Property Trust, Inc
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March 11, 2021
Starwood Property Trust, Inc. (NYSE: STWD) ("the Company") today announced that the Company's Board of Directors has declared a dividend of $0.48 per share of common stock for the quarter ending March 31, 2021. The dividend is payable on April 15, 2021 to stockholders of record as of March 31, 2021. About Starwood Property Trust, Inc . Starwood Property Trust (NYSE: STWD), is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. An affiliate of global private investment firm Starwood Capital Group, the Company has successfully deployed over $66 billion of capital since inception and manages a portfolio of over $18 billion across debt and equity investments. Starwood Property Trust's investment objective is to generate attractive and stable returns for shareholders, primarily through dividends, by leveraging a premiere global organization to identify and execute on the best risk adjusted returning investments across its target assets.
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February 25, 2021
- Quarterly GAAP Earnings of $0.37 and Distributable Earnings of $0.50 per Diluted Share -
- Originated or Acquired $1.2 Billion of Assets in Q4 -
- Originated or Acquired $4.6 Billion of Assets in 2020, Including $3.0 Billion after Q1 -
- Paid Fourth Quarter Dividend of $0.48 per Share -
- Subsequent to Quarter End, Priced $500 Million Inaugural Infrastructure CLO - Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter and year ended December 31, 2020. The Company's fourth quarter 2020 GAAP net income was $107.0 million, or $0.37 per diluted share, and Distributable Earnings (a non-GAAP financial measure) was $148.4 million, or $0.50 per diluted share. The Company's full year 2020 GAAP net income was $331.7 million, or $1.16 per diluted share, and Distributable Earnings was $585.3 million, or $1.98 per diluted share. "At no time other than 2020 was the power and strength of the company we built from a blind pool
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January 26, 2021
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, 2020: Form 1099 Reference: (Boxes 1a + 2a + 3) Box 1a Box 1b Box 2a Box 2b Box 3 Box 5 Record Date Payable Date Total Distribution Per Share Ordinary Taxable Dividend Taxable Qualified Dividends (1) Total Capital Gain Distribution Unrecaptured 1250 Gain (2) Nondividend Distributions (3) Section 199A dividends (4) 12/31/2019* 1/15/2020 0.4721 0.3800 0.0482 0.0149 0.0015 0.0772 0.3318 3/31/2020 4/15/2020 0.4800 0.3864 0.0490 0.0151 0.0015 0.0785 0.3374 6/30/2020 7/15/2020 0.4800 0.3864 0.0490 0.0151 0.0015 0.0785 0.3374 9/30/2020 10/15/2020 0.4800 0.3864 0.0490 0.0151 0.0015 0.0785 0.3374 12/31/2020** 1/15/2021 0.0000
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January 26, 2021
Starwood Property Trust (NYSE: STWD) today announced that the Company will release its fourth quarter and full year 2020 financial results on Thursday, February 25, 2021 before the opening of trading on the New York Stock Exchange. A conference call will be held on Thursday, February 25, 2021 at 10:00 a.m. Eastern Time. During the conference call, the Company's officers will review fourth 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 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: 1-877-407-9039
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