Press release year list 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
August 19, 2019
Starwood Property Trust (NYSE: STWD) today announced that on August 15, 2019 the Company closed STWD 2019-FL1, a $1.1 billion managed Commercial Real Estate Collateralized Loan Obligation ( the "CRE CLO") which is the largest CRE CLO issued post crisis. The CRE CLO accretively finances interests in 21 loans with an 85.125% initial advance rate at a weighted average coupon at issuance of L+1.34%, before transaction costs. The structure features a two-year reinvestment period. "We are excited to have closed our inaugural CRE CLO transaction, which we believe is most issuer-friendly structure with the lowest cost of funds and one of the highest advance rate to-date in our sector. This financing, coupled with our recently discussed Term Loan B and A-note sales, further strengthens our balance sheet as we continue to move toward match-funded non-recourse financing structures," commented Jeffrey DiModica, President of Starwood Property Trust. Wells Fargo Securities, LLC acted as sole ...
August 7, 2019
- Quarterly GAAP Earnings of $0.45 and Core Earnings of $0.52 per Diluted Common Share -
- Deploys $2.1 Billion of Capital, Including $1.1 Billion in Commercial Lending -
- Declares Dividend of $0.48 per share for the Third Quarter of 2019 -
- Subsequent to Quarter End, Executes $2.1 Billion of Capital Transactions, Including $1.1 Billion CRE CLO, $500 Million Infrastructure Financing Facility, $400 Million Term Loan B and $100 Million Revolver -  Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended June 30, 2019.  The Company's second quarter 2019 GAAP net income was $127.0 million, or $0.45 per diluted share, and Core Earnings (a non-GAAP financial measure) was $153.9 million, or $0.52 per diluted share. "Our strong second quarter results included positive contributions from across our business segments, led by commercial lending with $1.1 billion of capital deployed. The performance of our Property Segment ...
July 10, 2019
Starwood Property Trust (NYSE: STWD) today announced that the Company will release its second quarter 2019 financial results on Wednesday, August 7, 2019 before the opening of trading on the New York Stock Exchange. A conference call will be held on Wednesday, August 7, 2019 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 International: ...
June 4, 2019
-Recognizes Investor Communications and Reporting Excellence-  Starwood Property Trust, Inc. (NYSE: STWD) ("the Company") today announced that the Company has received the 2019 NAREIT Gold Investor Award, which recognizes communications and reporting excellence, for the mortgage REIT category. This is the sixth consecutive year Starwood Property Trust has won this award. The award will be presented at a ceremony at REITWeek, NAREIT's 2019 Investor Conference, to be held in New York City on June 4-6, 2019. "Since our inception ten years ago, we have worked to provide best-in-class disclosure, transparency and accessibility to all of our stakeholders and are honored to again receive this recognition of our efforts from NAREIT. We were the first commercial mortgage REIT to provide a financial supplemental, which has evolved over the years to adapt to our expanding lines of business. We also regularly meet with investors on roadshows and at conferences and have held two in-depth investor ...
May 8, 2019
- Deploys $2.0 Billion of Capital, Including $1.0 Billion in Commercial Lending -
- Declares Dividend of $0.48 per share for the Second Quarter of 2019 - Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended March 31, 2019.  The Company's first quarter 2019 GAAP net income was $70.4 million, or $0.25 per diluted share, and Core Earnings was $82.9 million, or $0.28 per diluted share. These amounts reflect a write down of the Company's interest in a regional mall portfolio of $44.9 million and $68.9 million for GAAP and Core Earnings, respectively, or $0.16 and $0.24 per diluted share, respectively. "Our multi-cylinder platform continues to generate consistent returns, led by our commercial lending business, which deployed $1.0 billion of capital during the quarter.  We are also proud of the performance of our owned property portfolio, marked by 98% occupancy and stable and growing double-digit cash returns on invested capital.  ...
April 15, 2019
Starwood Property Trust (NYSE: STWD) today announced that the Company will release its first quarter 2019 financial results on Wednesday, May 8, 2019 before the opening of trading on the New York Stock Exchange. A conference call will be held on Wednesday, May 8, 2019 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 International: ...
February 28, 2019
- Quarterly GAAP Earnings of $0.33 and Core Earnings of $0.54 per Diluted Common Share -
- Record Capital Deployed of $11.6 Billion in 2018, Up 58% Versus 2017 -
- Record Capital Deployed in Commercial Lending of $6.0 Billion in 2018, Up 43% Versus 2017 -
- Declares Dividend of $0.48 per share for the First Quarter of 2019 - Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter and year ended December 31, 2018.  The Company's fourth quarter 2018 GAAP net income was $92.1 million, or $0.33 per diluted share, and $385.8 million, or $1.42 per diluted share, for the full year.  Core Earnings (a non-GAAP financial measure) for the fourth quarter was $155.4 million, or $0.54 per diluted share and $608.1 million, or $2.19 per diluted share, for the full year. "As we approach our ten year anniversary as a public company, we are proud to have created a generational enterprise, with multiple business lines, allowing us to achieve ...
January 28, 2019
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, 2018: 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) 12/29/2017 1/15/2018 0.3344 0.2699 0.0253 0.0645 0.0012 0.0000 0.2446 3/30/2018 4/13/2018 0.4800 0.3874 0.0364 0.0926 0.0018 0.0000 0.3510 6/29/2018 7/13/2018 0.4800 0.3874 0.0364 0.0926 0.0018 0.0000 0.3510 9/28/2018 10/15/2018 0.4800 0.3874 0.0364 0.0926 0.0018 0.0000 0.3510 12/31/2018 1/15/2019 0.1620 ...
January 24, 2019
Starwood Property Trust (NYSE: STWD) today announced that the Company will release its fourth quarter 2018 financial results on Thursday, February 28, 2019 before the opening of trading on the New York Stock Exchange. A conference call will be held on Thursday, February 28, 2019 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, 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 ...