STWD on NYSE
Starwood Property Trust
Commercial mortgage REIT1
In its 2026 annual report the company says: “Starwood Property Trust, Inc. is a Maryland corporation that commenced operations in August 2009, upon the completion of our initial public offering. We are focused primarily on originating, acquiring, financing and managing mortgage loans and other real estate investments in the United States, Europe and Australia.”42 It is headquartered in Baltimore, United States.1 Its shares trade on NYSE under the symbol STWD.1
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Last updated Oct 21, 2026.
Overview
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- TickerSTWD on NYSE1
- IndustryReal Estate Investment Trusts1
- HeadquartersBaltimore, United States1
- Business address2340 Collins Avenue, Suite 700, Miami Beach, Fl 331394
- Filer categoryLarge accelerated filer4
- Legal formStock Corporation3
- LEIBUGSFQZERKRBFWIG52673
- StatusActive3
- LEI statusIssued and current3
- Registered addressC/O CSC-LAWYERS INCORPORATING SERVICE COMPANY, 21202 Baltimore, United States3
- Registered withBusiness Services (Maryland Department of Assessments and Taxation), D130659583
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The following description of our business should be read in conjunction with the information included elsewhere in this Form 10‑K for the year ended December 31, 2025. This discussion contains forward‑looking statements that involve risks and uncertainties. Actual results could differ significantly from the results discussed in the forward‑looking statements due to the factors set forth in “Risk Factors” and elsewhere in this Form 10‑K. References in this Form 10‑K to “we,” “our,” “us,” or the “Company” refer to Starwood Property Trust, Inc. and its subsidiaries.42 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Commercial And Residential Lending brought in 67% of the revenue Starwood Property Trust broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Commercial And Residential Lending | $1.7B | $1.6B | $1.3B |
| Infrastructure Lending | $240.0M | $261.0M | $276.8M |
| Investing And Servicing Segment Property Portfolio | $174.8M | $208.8M | $244.3M |
| Property | $94.2M | $70.0M | $137.0M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs76¢$1.4B
- Income tax2¢$36.7M
- Profit22¢$411.5M
Out of $1.8B in revenue.43
Where each dollar of operating cash went, fiscal 2025
- Dividends paid68¢$668.9M
- Kept or used elsewhere32¢$309.0M
Out of $977.9M of cash from operations.43
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.43
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Interest income from loans | $1.5B | $1.7B | $1.8B |
| Interest income from investment securities | $34.5M | $66.8M | $76.5M |
| Servicing fees | $86.5M | $55.2M | $33.1M |
| Rental income | $182.4M | $108.0M | $127.7M |
| Other revenues | $22.3M | $18.8M | $8.5M |
| Total revenues | $1.8B | $1.9B | $2.0B |
| Management fees | $137.3M | $145.2M | $141.5M |
| Interest expense | $1.3B | $1.3B | $1.4B |
| General and administrative | $208.8M | $199.2M | $180.2M |
| Costs of rental operations | $60.8M | $48.2M | $44.8M |
| Depreciation and amortization | $79.0M | $41.3M | $49.1M |
| Credit loss provision, net | $19.4M | $197.4M | $243.7M |
| Other expense | $4.3M | $2.0M | $2.7M |
| Total costs and expenses | $1.8B | $2.0B | $2.1B |
| Change in net assets related to consolidated VIEs | $154.8M | $75.7M | $181.7M |
| Change in fair value of servicing rights | $5.9M | $3.0M | $1.6M |
| Change in fair value of investment securities, net | $2.2M | $1.0M | $767.0K |
| Change in fair value of mortgage loans, net | $184.4M | $75.9M | $62.7M |
| Income from affordable housing fund investments | $102.1M | ||
| Earnings from unconsolidated entities | $14.6M | $13.1M | $16.7M |
| Gain on sale of investments and other assets, net | $42.9M | $100.7M | $25.7M |
| (Loss) gain on derivative financial instruments, net | -$127.3M | $157.9M | -$38.6M |
| Foreign currency gain (loss), net | $112.9M | -$73.9M | $60.8M |
| Gain (loss) on extinguishment of debt, net | $17.7M | -$3.9M | -$1.2M |
| Other loss, net | -$33.0M | -$10.4M | -$135.6M |
| Total other income (loss) | $422.1M | $441.2M | $465.9M |
| Income before income taxes | $479.8M | $406.0M | $417.5M |
| Income tax (provision) benefit | -$36.7M | -$25.4M | $682.0K |
| Net income | $443.1M | $380.6M | $418.2M |
| Net income attributable to non-controlling interests | -$31.5M | -$20.6M | -$78.9M |
| Net income attributable to Starwood Property Trust, Inc. | $411.5M | $359.9M | $339.2M |
| Basic (in dollars per share) | $1.15 | $1.10 | $1.07 |
| Diluted (in dollars per share) | $1.15 | $1.10 | $1.07 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.43
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $499.5M | $377.8M | ||
| Restricted cash | $175.2M | $176.2M | ||
| Loans held-for-investment, net of credit loss allowances of $440,842 and $448,295 | $18.9B | $15.4B | ||
| Loans held-for-sale, at fair value | $2.3B | $2.5B | ||
| Investment securities, net of credit loss allowances of $37,369 and $24,463 ($121,433 and $126,297 held at fair value) | $301.0M | $533.3M | ||
| Properties, net | $3.4B | $1.4B | ||
| Investments of consolidated affordable housing fund, at fair value | $2.1B | |||
| Investments in unconsolidated entities | $84.8M | $99.4M | ||
| Goodwill | $259.8M | $259.8M | ||
| Intangible assets, net ($28,280 and $22,390 held at fair value) | $436.1M | $60.7M | $65.0M | |
| Derivative assets | $45.8M | $175.5M | ||
| Accrued interest receivable | $162.7M | $167.8M | ||
| Other assets | $363.0M | $368.2M | ||
| Variable interest entity (VIE) assets, at fair value | $34.5B | $38.9B | ||
| Total Assets | $63.2B | $62.6B | ||
| Dividends payable | $180.4M | $163.4M | ||
| Derivative liabilities | $84.0M | $94.9M | ||
| Secured financing agreements, net | $12.7B | $11.2B | ||
| Securitized financing, net | $5.1B | $3.2B | ||
| Unsecured senior notes, net | $4.3B | $3.0B | ||
| VIE liabilities, at fair value | $32.8B | $37.3B | ||
| Total Liabilities | $55.7B | $55.4B | ||
| Temporary Equity: Redeemable non-controlling interests | $364.1M | $426.7M | ||
| Preferred stock, $0.01 per share, 100,000,000 shares authorized, no shares issued and outstanding | $0 | $0 | ||
| Common stock, $0.01 per share, 500,000,000 shares authorized, 378,011,570 issued and 370,562,879 outstanding as of December 31, 2025 and 344,858,379 issued and 337,409,688 outstanding as of December 31, 2024 | $3.8M | $3.4M | ||
| Additional paid-in capital | $7.0B | $6.3B | ||
| Treasury stock (7,448,691 shares) | -$138.0M | -$138.0M | ||
| Retained earnings (accumulated deficit) | -$39.0M | $235.3M | ||
| Accumulated other comprehensive income | $11.6M | $13.6M | ||
| Total Starwood Property Trust, Inc. Stockholders Equity | $6.8B | $6.4B | ||
| Non-controlling interests in consolidated subsidiaries | $329.9M | $329.7M | ||
| Total Permanent Equity | $7.1B | $6.8B | $6.6B | $6.8B |
| Total Liabilities and Equity | $63.2B | $62.6B | ||
| Allowance for credit losses | $440.8M | $448.3M | ||
| Credit loss allowance | $37.4M | $24.5M | $13.1M | $3.2M |
| Investment securities | $121.4M | $126.3M | ||
| Intangible assets held at fair value | $28.3M | $22.4M | ||
| Preferred stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in shares) | 100.0M shares | 100.0M shares | ||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized (in shares) | 500.0M shares | 500.0M shares | ||
| Common stock, shares issued (in shares) | 378.0M shares | 344.9M shares | ||
| Common stock, shares outstanding (in shares) | 370.6M shares | 337.4M shares | ||
| Treasury stock, shares (in shares) | 7.4M shares | 7.4M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $499.5M | $377.8M | ||
| Restricted cash | $175.2M | $176.2M | ||
| Loans held-for-investment, net of credit loss allowances of $440,842 and $448,295 | $18.9B | $15.4B | ||
| Loans held-for-sale, at fair value | $2.3B | $2.5B | ||
| Investment securities, net of credit loss allowances of $37,369 and $24,463 ($121,433 and $126,297 held at fair value) | $301.0M | $533.3M | ||
| Properties, net | $3.4B | $1.4B | ||
| Investments of consolidated affordable housing fund, at fair value | $2.1B | |||
| Investments in unconsolidated entities | $84.8M | $99.4M | ||
| Goodwill | $259.8M | $259.8M | ||
| Intangible assets, net ($28,280 and $22,390 held at fair value) | $436.1M | $60.7M | $65.0M | |
| Derivative assets | $45.8M | $175.5M | ||
| Accrued interest receivable | $162.7M | $167.8M | ||
| Other assets | $363.0M | $368.2M | ||
| Variable interest entity (VIE) assets, at fair value | $34.5B | $38.9B | ||
| Total Assets | $63.2B | $62.6B | ||
| Dividends payable | $180.4M | $163.4M | ||
| Derivative liabilities | $84.0M | $94.9M | ||
| Secured financing agreements, net | $12.7B | $11.2B | ||
| Securitized financing, net | $5.1B | $3.2B | ||
| Unsecured senior notes, net | $4.3B | $3.0B | ||
| VIE liabilities, at fair value | $32.8B | $37.3B | ||
| Total Liabilities | $55.7B | $55.4B | ||
| Temporary Equity: Redeemable non-controlling interests | $364.1M | $426.7M | ||
| Preferred stock, $0.01 per share, 100,000,000 shares authorized, no shares issued and outstanding | $0 | $0 | ||
| Common stock, $0.01 per share, 500,000,000 shares authorized, 378,011,570 issued and 370,562,879 outstanding as of December 31, 2025 and 344,858,379 issued and 337,409,688 outstanding as of December 31, 2024 | $3.8M | $3.4M | ||
| Additional paid-in capital | $7.0B | $6.3B | ||
| Treasury stock (7,448,691 shares) | -$138.0M | -$138.0M | ||
| Retained earnings (accumulated deficit) | -$39.0M | $235.3M | ||
| Accumulated other comprehensive income | $11.6M | $13.6M | ||
| Total Starwood Property Trust, Inc. Stockholders Equity | $6.8B | $6.4B | ||
| Non-controlling interests in consolidated subsidiaries | $329.9M | $329.7M | ||
| Total Permanent Equity | $7.1B | $6.8B | $6.6B | $6.8B |
| Total Liabilities and Equity | $63.2B | $62.6B | ||
| Allowance for credit losses | $440.8M | $448.3M | ||
| Credit loss allowance | $37.4M | $24.5M | $13.1M | $3.2M |
| Investment securities | $121.4M | $126.3M | ||
| Intangible assets held at fair value | $28.3M | $22.4M | ||
| Preferred stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in shares) | 100.0M shares | 100.0M shares | ||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized (in shares) | 500.0M shares | 500.0M shares | ||
| Common stock, shares issued (in shares) | 378.0M shares | 344.9M shares | ||
| Common stock, shares outstanding (in shares) | 370.6M shares | 337.4M shares | ||
| Treasury stock, shares (in shares) | 7.4M shares | 7.4M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.43
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $443.1M | $380.6M | $418.2M |
| Amortization of deferred financing costs, premiums and discounts on secured borrowings | $46.6M | $48.9M | $50.5M |
| Amortization of discounts and deferred financing costs on unsecured senior notes | $11.9M | $10.9M | $9.4M |
| Accretion of net discount on investment securities | -$5.7M | -$5.9M | -$8.5M |
| Accretion of net deferred loan fees and discounts | -$62.4M | -$63.8M | -$67.1M |
| Share-based compensation | $54.1M | $41.8M | $39.2M |
| Manager fees paid in stock | $11.5M | $21.1M | $15.3M |
| Change in fair value of investment securities | -$2.2M | -$1.0M | -$767.0K |
| Change in fair value of consolidated VIEs | -$5.9M | $69.7M | -$33.2M |
| Change in fair value of servicing rights | -$5.9M | -$3.0M | -$1.6M |
| Change in fair value of loans | -$184.4M | -$75.9M | -$62.7M |
| Change in fair value of affordable housing fund investments | $346.0M | -$60.7M | -$251.8M |
| Change in fair value of derivatives | $153.6M | -$84.2M | $128.2M |
| Foreign currency (gain) loss, net | -$112.9M | $73.9M | -$60.8M |
| Gain on sale of investments and other assets | -$42.9M | -$100.7M | -$25.7M |
| Impairment charges on properties and related intangibles | $26.8M | $0 | $124.9M |
| Credit loss provision, net | $19.4M | $197.4M | $243.7M |
| Depreciation and amortization | $84.8M | $46.3M | $54.3M |
| Earnings from unconsolidated entities | -$14.6M | -$13.1M | -$16.7M |
| Distributions of earnings from unconsolidated entities | $10.9M | $5.0M | $8.8M |
| (Gain) loss on extinguishment of debt | -$17.7M | $3.9M | $1.2M |
| Origination and purchase of loans held-for-sale, net of principal collections | -$923.5M | -$1.5B | -$571.0M |
| Proceeds from sale of loans held-for-sale | $1.3B | $1.7B | $770.7M |
| Related-party payable | -$7.3M | -$5.9M | $3.6M |
| Accrued and capitalized interest receivable, less purchased interest | -$103.8M | -$70.4M | -$155.8M |
| Other assets | $23.1M | -$76.2M | -$65.8M |
| Accounts payable, accrued expenses and other liabilities | -$50.2M | $105.0M | -$18.0M |
| Net cash provided by operating activities | $977.9M | $646.6M | $528.6M |
| Origination, purchase and funding of loans held-for-investment | -$7.8B | -$3.0B | -$2.7B |
| Proceeds from principal collections on loans | $4.5B | $4.6B | $3.3B |
| Proceeds from loans sold | $229.9M | $87.3M | $95.3M |
| Purchase and funding of investment securities | -$81.6M | -$88.7M | -$11.6M |
| Proceeds from sales and redemptions of investment securities | $9.3M | $3.7M | $3.0M |
| Proceeds from principal collections on investment securities | $304.4M | $274.2M | $90.3M |
| Proceeds from sales of real estate | $100.9M | $216.8M | $73.6M |
| Net cash paid in merger | -$878.5M | $0 | $0 |
| Purchases and additions to properties and other assets | -$269.0M | -$27.9M | -$25.1M |
| Investments in unconsolidated entities | -$313.0K | -$6.6M | -$2.6M |
| Proceeds from sale of interest in an unconsolidated entity | $69.8M | $0 | $0 |
| Distribution of capital from unconsolidated entities | $250.0K | $5.6M | $11.0M |
| Cash acquired through foreclosures | $733.0K | $4.4M | $824.0K |
| Payments for purchase or termination of derivatives | -$54.5M | -$19.8M | -$42.4M |
| Proceeds from origination or termination of derivatives | $68.9M | $52.0M | $43.0M |
| Net cash (used in) provided by investing activities | -$3.8B | $2.1B | $855.1M |
| Proceeds from borrowings | $14.7B | $7.2B | $6.6B |
| Principal repayments on and repurchases of borrowings | -$11.4B | -$9.2B | -$7.5B |
| Payment of deferred financing costs | -$89.2M | -$70.0M | -$21.0M |
| Net proceeds from issuances of common stock | $567.8M | $395.5M | $3.0M |
| Payment of dividends | -$668.9M | -$620.0M | -$601.2M |
| Contributions from non-controlling interests | $7.5M | $9.3M | $2.7M |
| Distributions to non-controlling interests | -$100.0M | -$45.5M | -$45.4M |
| Issuance of debt of consolidated VIEs | $0 | $12.9M | $0 |
| Repayment of debt of consolidated VIEs | -$165.1M | -$187.7M | -$48.4M |
| Distributions of cash from consolidated VIEs | $130.6M | $58.4M | $169.6M |
| Net cash provided by (used in) financing activities | $2.9B | -$2.5B | -$1.5B |
| Net increase (decrease) in cash, cash equivalents and restricted cash | $121.0M | $244.6M | -$70.9M |
| Effect of exchange rate changes on cash | -$306.0K | -$2.6M | $731.0K |
| Cash paid for interest | $1.2B | $1.3B | $1.4B |
| Income taxes paid, net | $696.0K | $4.0M | $1.7M |
| Consolidation of VIEs (VIE asset/liability additions) | $2.3B | $2.8B | $722.0M |
| Deconsolidation of VIEs (VIE asset/liability reductions) | $62.5M | $891.5M | $0 |
| Assets acquired, less cash | $2.2B | $0 | $0 |
| Liabilities assumed | $1.3B | $0 | $0 |
| Assets acquired, less cash | $201.9M | $356.9M | $102.0M |
| Liabilities assumed | $2.5M | $6.9M | $983.0K |
| Loan principal collections temporarily held at master servicer | $35.4M | $46.6M | $124.3M |
| Redemption of Class A Units for common stock | $1.4M | $0 | $0 |
| Debt assumed by purchaser in sale of real estate | $0 | -$194.9M | $0 |
| Reclassification of loans held-for-investment to loans held-for-sale | $0 | $48.7M | $41.4M |
| Net assets acquired from consolidated VIEs | $0 | $7.7M | $0 |
| Lease liabilities arising from obtaining right-of-use assets | $0 | $0 | $29.8M |
No quarter-by-quarter statement was filed.
Corporate structure
Starwood Property Trust sits at the top of its group. 656 entities, 5 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Starwood Property Trust
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Starwood Property Trust, latest Mar 27, 2026 (4 filings since Feb 10, 2022)
- BlackRock Filed SC 13G/A on Starwood Property Trust, latest Jan 24, 2024 (4 filings since Feb 3, 2022)
- Starwood Property Trust Baltimore, Maryland, United States
- SMRF TRS, LLC Miami Beach, Florida, United States
- SPT FDS Troy JV, LLC Miami Beach, Florida, United States
- NORTH TROY TIMBERLAND OFFICE II, LLC Greenwich, Connecticut, United States
- NORTH TROY TIMBERLAND OFFICE III, LLC Greenwich, Connecticut, United States
- NORTH TROY TIMBERLAND OFFICE IV, LLC Greenwich, Connecticut, United States
- SPT WAH WALDEN PARK LLC Greenwich, Connecticut, United States
- SPT WAH Waterford LLC Miami Beach, Florida, United States
- SPT WAH WAVERLY LLC Miami Beach, Florida, United States
- SPT WAH WEDGEWOOD LLC Miami Beach, Florida, United States
- SPT WAH WELLESLEY LLC Miami Beach, Florida, United States
- SPT WAH WELLINGTON LLC Miami Beach, Florida, United States
- SPT WAH Wentworth I LLC Miami Beach, Florida, United States
- SPT WAH WENTWORTH II LLC Miami Beach, Florida, United States
- SPT WAH WESTBROOK LLC Miami Beach, Florida, United States
- SPT WAH Westchase LLC Miami Beach, Florida, United States
- SPT WAH Westchester LLC Miami Beach, Florida, United States
- SPT WAH WESTMINSTER LLC Miami Beach, Florida, United States
- SPT WAH WESTON OAKS LLC Miami Beach, Florida, United States
- SPT WAH Westwood LLC Miami Beach, Florida, United States
- SPT WAH Wexford LLC Miami Beach, Florida, United States
- SPT WAH Whispering Pines LLC Miami Beach, Florida, United States
- SPT WAH Whispering Woods LLC Miami Beach, Florida, United States
- SPT WAH WILLOW LAKE LLC Miami Beach, Florida, United States
- SPT WAH Wilmington LLC Miami Beach, Florida, United States
- SPT WAH Windchase LLC Miami Beach, Florida, United States
- SPT WAH Windermere I LLC Miami Beach, Florida, United States
- SPT WAH WINDERMERE II LLC Miami Beach, Florida, United States
- SPT WAH Windsong I LLC Miami Beach, Florida, United States
- and 624 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Starwood Property Trust reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finance-lease assets | $13.7M43 Dec 31, 2025 | ||
| Operating-lease assets (leased space) | $54.3M43 Dec 31, 2025 | $12.0M50 Jan 1, 2019 | +352.4% |
Real estate and locations
| Item | Latest | A year before | Change |
|---|---|---|---|
| Real estate investments, net | $3.4B43 Dec 31, 2025 | $1.4B43 Dec 31, 2024 | +151.1% |
| Real estate investments, at cost | $3.7B43 Dec 31, 2025 | $1.6B43 Dec 31, 2024 | +133.8% |
| Real estate accumulated depreciation | $254.6M43 Dec 31, 2025 | $210.5M43 Dec 31, 2024 | +20.9% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $499.5M43 Dec 31, 2025 | $377.8M43 Dec 31, 2024 | +32.2% |
| Debt securities available for sale | $93.8M47 Dec 31, 2024 | $102.4M47 Dec 31, 2023 | −8.4% |
| Debt securities held to maturity | $216.9M43 Dec 31, 2025 | $431.4M43 Dec 31, 2024 | −49.7% |
| Equity securities at fair value | $628.0K43 Dec 31, 2025 | $5.1M43 Dec 31, 2024 | −87.8% |
| Stakes in other companies (equity method) | $68.3M43 Dec 31, 2025 | $82.9M43 Dec 31, 2024 | −17.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $259.8M43 Dec 31, 2025 | $259.8M43 Dec 31, 2024 | 0% |
| Intangible assets, net (excluding goodwill) | $436.1M43 Dec 31, 2025 | $60.7M43 Dec 31, 2024 | +618.3% |
| Accumulated amortization | $87.6M43 Dec 31, 2025 | $83.3M43 Dec 31, 2024 | +5.1% |
| Finite-lived intangibles, net | $407.8M43 Dec 31, 2025 | $38.3M47 Dec 31, 2024 | +964.3% |
Properties, in its own words
The Company leases office space in Miami Beach, FL; New York, NY; Los Angeles, CA; Stamford, CT; Charlotte, NC and Phoenix, AZ. Refer to Schedule III included in Item 8 of this Form 10‑K for a listing of investment properties owned as of December 31, 2025.
Item 2 of the 10-K filed Feb 25, 2026.42
Leadership
Who has led Starwood Property Trust, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
2010201520202025
- PresidentJeffrey F. Dimodica Sep 25, 2014 to now51
- PresidentBoyd Fellows Nov 15, 2010 to May 8, 201452
- PresidentJeffrey G. Dishner Aug 11, 2009 to Aug 11, 200953
- Chief financial officerRina Paniry May 9, 2014 to now54
- Chief financial officerPerry Stewart Ward Mar 15, 2011 to Mar 21, 201455
- Chief financial officerBarbara J. Anderson Aug 11, 2009 to Aug 19, 200956
- Chief operating officerAndrew Jay Sossen Sep 28, 2011 to May 2, 202357
Board members and other officers (15)
- Gen. Counsel, Sec., Exec. VPEllis F. Rinaldi Aug 11, 2009 to Aug 11, 200958
- Executive Vice PresidentJerome C. Silvey Aug 11, 2009 to Jan 4, 201159
- Board memberDeborah L. Harmon Apr 11, 2023 to now60
- Board memberFred Perpall Aug 20, 2020 to now61
- Board memberFred S. Ridley Sep 13, 2018 to now62
- Board memberSolomon J. Kumin Jul 18, 2014 to now63
- Board memberCamille J. Douglas Jan 13, 2010 to now64
- Board memberBoyd Fellows Nov 15, 2010 to Oct 15, 201452
- Board memberEllis F. Rinaldi Aug 11, 2009 to Aug 11, 200958
- Board memberJeffrey F. Dimodica Aug 11, 2009 to Mar 11, 201465
- Board memberJeffrey G. Dishner Aug 11, 2009 to now53
- Board memberLynn Forester Aug 11, 2009 to Jan 13, 201066
- Board memberRichard D. Bronson Aug 11, 2009 to now67
- General counselHeather N. Bennett Jun 9, 2023 to Jun 9, 202368
- General counselAndrew Jay Sossen Jan 20, 2010 to May 2, 202369
Subsidiaries and ownership
Also consolidated
- NORTH TROY TIMBERLAND OFFICE II, LLC6
- NORTH TROY TIMBERLAND OFFICE III, LLC7
- NORTH TROY TIMBERLAND OFFICE IV, LLC8
- SMRF TRS, LLC9
- SPT WAH WALDEN PARK LLC10
- SPT WAH WAVERLY LLC11
- SPT WAH WEDGEWOOD LLC12
- SPT WAH WELLESLEY LLC13
- SPT WAH WELLINGTON LLC14
- SPT WAH WENTWORTH II LLC15
- SPT WAH WESTBROOK LLC16
- SPT WAH WESTMINSTER LLC17
- SPT WAH WESTON OAKS LLC18
- SPT WAH WILLOW LAKE LLC19
- SPT WAH WINDERMERE II LLC20
- SPT WAH WINDSOR PARK LLC21
- SPT WAH WOODBRIDGE LLC22
- SPT WAH WOODCREST LLC23
- SPT WAH WYNDHAM PLACE LLC24
- SPT WAH Waterford LLC25
- SPT WAH Wentworth I LLC26
- SPT WAH Westchase LLC27
- SPT WAH Westchester LLC28
- SPT WAH Westwood LLC29
All 36 also consolidated
Subsidiaries (Exhibit 21)
- 100 Belle Valley Apartments, LLC Delaware5
- 101 Casa Mirella Way, LLC Delaware5
- 1055 Harbor Sky Apartments, LLC Delaware5
- 1200 K Street Lender, LLC Delaware5
- 1250 Garage Owner, LLC Delaware5
- 13900 Chadwick Parkway, LLC Delaware5
- 16th Street Partners, LLC Florida5
- 17625 North 7 Street, LLC Delaware5
- 200 Lincoln Retail, LLC Delaware5
- 2102 Tallahassee Apartments, LLC Delaware5
- 241 Norwood, LLC Delaware5
- 250 Waikoloa Lot, LLC Delaware5
- 250 Waikoloa Shops Holdings, LLC Delaware5
- 250 Waikoloa Shops JV, LLC Delaware5
- 250 Waikoloa Shops Member, LLC Delaware5
- 250 Waikoloa Shops, LLC Delaware5
- 33-41 Farnsworth, LLC Delaware5
- 360 NM Holdings, LLC Delaware5
- 3939 East Trinity Mills, LLC Delaware5
- 401 Collins Boulevard LLC Delaware5
- 4030 Phoenix Apartments, LLC Delaware5
- 4610 Rogers Hotel Owner, LLC Delaware5
- 4610 Rogers Hotel Tenant, LLC Delaware5
- 4900 Long Beach Office Intermediate, LLC Delaware5
All 657 listed subsidiaries
- 4900 Long Beach Office, LLC Delaware5
- 5175 Depew Retail Outparcel, LLC Delaware5
- 5175 Depew Retail, LLC Delaware5
- 6200 Raleigh Apartments, LLC Delaware5
- 629 Sierra Vista Retail, LLC Delaware5
- 701 Seventh Intermediate LLC Delaware5
- 787 Gresham Apartments, LLC Delaware5
- 823 Dayton Hotel Intermediate, LLC Delaware5
- 823 Dayton Hotel Owner, LLC Delaware5
- 823 Dayton Hotel Tenant, LLC Delaware5
- 9750 Forest Lane, LLC Delaware5
- Archetype Holdings LLC Delaware5
- Archetype Investment Management LLC Delaware5
- Argentic H3 Holdings LLC Delaware5
- Auction.com Holding Company , Inc. Delaware5
- Bert L. Smokler, LLC Delaware5
- Casa Mirella Owner, LLC Delaware5
- Cherry Grove, Ltd. Florida5
- Cypresswood Retail Partners, LLC Delaware5
- DCA Homes, LLC Florida5
- DCA Management, LLC Florida5
- DSHI Opco LLC Delaware5
- Diesel Ltd. Bermuda5
- Diesel Mortgage Investments, LLC Delaware5
- Dublin PE JV LLC Delaware5
- Echelon DC Holdings Limited Ireland5
- Empire Acquisition, LLC Delaware5
- FIP Acquisitions I, LLC Delaware5
- FIP Acquisitions II, LLC Delaware5
- FIP Buyer, LLC Delaware5
- FIP Cranston, LLC Delaware5
- FIP Florida, LLC Delaware5
- FIP Greenville, LLC Delaware5
- FIP Lender, LLC Delaware5
- FIP Maryland, LLC Delaware5
- FIP Master Funding I, LLC Delaware5
- FIP Master Funding II, LLC Delaware5
- FIP Master Funding III, LLC Delaware5
- FIP Master Funding IV, LLC Delaware5
- FIP Master Funding IX, LLC Delaware5
- FIP Master Funding L, LLC Delaware5
- FIP Master Funding LI, LLC Delaware5
- FIP Master Funding LII, LLC Delaware5
- FIP Master Funding LIII, LLC Delaware5
- FIP Master Funding LIV, LLC Delaware5
- FIP Master Funding LIX, LLC Delaware5
- FIP Master Funding LV, LLC Delaware5
- FIP Master Funding LVI, LLC Delaware5
- FIP Master Funding LVII, LLC Delaware5
- FIP Master Funding LVIII, LLC Delaware5
- FIP Master Funding LX, LLC Delaware5
- FIP Master Funding LXI, LLC Delaware5
- FIP Master Funding V, LLC Delaware5
- FIP Master Funding VI, LLC Delaware5
- FIP Master Funding VII, LLC Delaware5
- FIP Master Funding VIII, LLC Delaware5
- FIP Master Funding X, LLC Delaware5
- FIP Master Funding XI, LLC Delaware5
- FIP Master Funding XII, LLC Delaware5
- FIP Master Funding XIII, LLC Delaware5
- FIP Master Funding XIV, LLC Delaware5
- FIP Master Funding XIX, LLC Delaware5
- FIP Master Funding XL, LLC Delaware5
- FIP Master Funding XLI, LLC Delaware5
- FIP Master Funding XLII, LLC Delaware5
- FIP Master Funding XLIII, LLC Delaware5
- FIP Master Funding XLIV, LLC Delaware5
- FIP Master Funding XLIX, LLC Delaware5
- FIP Master Funding XLV, LLC Delaware5
- FIP Master Funding XLVI, LLC Delaware5
- FIP Master Funding XLVII, LLC Delaware5
- FIP Master Funding XLVIII, LLC Delaware5
- FIP Master Funding XV, LLC Delaware5
- FIP Master Funding XVI, LLC Delaware5
- FIP Master Funding XVII, LLC Delaware5
- FIP Master Funding XVIII, LLC Delaware5
- FIP Master Funding XX, LLC Delaware5
- FIP Master Funding XXI, LLC Delaware5
- FIP Master Funding XXII, LLC Delaware5
- FIP Master Funding XXIII, LLC Delaware5
- FIP Master Funding XXIV, LLC Delaware5
- FIP Master Funding XXIX, LLC Delaware5
- FIP Master Funding XXV, LLC Delaware5
- FIP Master Funding XXVI, LLC Delaware5
- FIP Master Funding XXVII, LLC Delaware5
- FIP Master Funding XXVIII, LLC Delaware5
- FIP Master Funding XXX, LLC Delaware5
- FIP Master Funding XXXI, LLC Delaware5
- FIP Master Funding XXXII, LLC Delaware5
- FIP Master Funding XXXIII, LLC Delaware5
- FIP Master Funding XXXIV, LLC Delaware5
- FIP Master Funding XXXIX, LLC Delaware5
- FIP Master Funding XXXV, LLC Delaware5
- FIP Master Funding XXXVI, LLC Delaware5
- FIP Master Funding XXXVII, LLC Delaware5
- FIP Master Funding XXXVIII, LLC Delaware5
- FIP Nashville, LLC Delaware5
- FIP Ontario Investments ULC British Columbia (Canada)5
- FIP Parsippany, LLC Delaware5
- FIP Pennsylvania I LLC Delaware5
- FIP Pennsylvania II LLC Delaware5
- FIP TRS,LLC Delaware5
- FIP Warehouse Funding, LLC Delaware5
- FIPMaster Funding XXXVII, LLC Delaware5
- FPG CT JV Holdings, LLC Delaware5
- Fundamental Income Properties Parent, LLC Delaware5
- Fundamental Income Properties, LLC Delaware5
- Harbor Sky Apartments Holdings, LLC Delaware5
- HarborSky Holding Senior LLC Delaware5
- Holding JV BRI 1880 Towers at West, LLC Delaware5
- Island C-III Holdings II, LLC Delaware5
- Island C-III Holdings, LLC Delaware5
- Kentwood Apartments LP Michigan5
- LNR ADC Ventures LLC Florida5
- LNR AFIS Asset Services LLC Delaware5
- LNR AFIS Holding I LLC Delaware5
- LNR AFIS Holding II LLC Delaware5
- LNR AFIS Holding III LLC Delaware5
- LNR AFIS Holdings LLC Delaware5
- LNR AFIS Investments LLC Delaware5
- LNR Alabama Partners, LLC Delaware5
- LNR CCR Advisor, LLC Delaware5
- LNR CCR, LLC Delaware5
- LNR CDO 2002-1 Ltd. Cayman Islands5
- LNR CDO 2002-1, LLC Delaware5
- LNR CDO 2003-1 Ltd. Cayman Islands5
- LNR CDO 2003-1, LLC Delaware5
- LNR CDO Depositor, LLC Delaware5
- LNR CDO III Ltd. Cayman Islands5
- LNR CDO III, LLC Delaware5
- LNR CDO IV Ltd. Cayman Islands5
- LNR CDO IV, LLC Delaware5
- LNR CDO V LLC Delaware5
- LNR CDO V Ltd. Cayman Islands5
- LNR California Partners, LLC California5
- LNR Capital Services, LLC Florida5
- LNR DSHI Legacy, LLC Florida5
- LNR Dakota Partners, LLC North Dakota5
- LNR Illinois Partners, LLC Illinois5
- LNR Madison Square, LLC Delaware5
- LNR Massachusetts Partners, LLC Massachusetts5
- LNR New Jersey Partners, LLC New Jersey5
- LNR Partners California Manager, LLC California5
- LNR Partners Europa Associates Management, LLC Florida5
- LNR Partners Parent, LLC Delaware5
- LNR Partners, LLC Florida5
- LNR Property LLC Delaware5
- LNR Property Payroll LLC Florida5
- LNR REFSG Holdings, LLC Florida5
- LNR REFSG Investments, LLC Delaware5
- LNR Retail Corners Manager, LLC Delaware5
- LNR Securities CDO Legacy, LLC Delaware5
- LNR Securities Equity, LLC Delaware5
- LNR Securities Holdings II, LLC Delaware5
- LNR Securities Holdings III, LLC Delaware5
- LNR Securities Holdings IV, LLC Delaware5
- LNR Securities Holdings V, LLC Delaware5
- LNR Securities Holdings, LLC Delaware5
- LNR Securities Preferred, LLC Delaware5
- LNR Securities Reliance VI, LLC Delaware5
- LNR Securities Reliance, LLC Delaware5
- LNR Texas Partners, LLC Texas5
- LNR Utah Partners, LLC Utah5
- Lakeshore STWD GEPT JV LLC Delaware5
- Leisure Colony Management LLC Florida5
- Leisure Communities Management, LLC Florida5
- Lutz/Gordon Michigan5
- Lyncrest Holdings, LLC Delaware5
- MMP 5555 San Felipe, LLC Delaware5
- MMP/SPT BAC JV, LLC Delaware5
- MRF Sub 1, LLC Delaware5
- MRF Trust I Delaware5
- Madison Square 2004-1 Corp. Delaware5
- Madison Square 2004-1 Ltd. Cayman Islands5
- Madison Square Company LLC Delaware5
- Madison Square Mortgage Securities, LLC Delaware5
- Market Street SF Hotel Holdings, LLC Delaware5
- Museum Building Holdings, LLC Delaware5
- North Troy Timberland Office II, LLC Delaware5
- North Troy Timberland Office III, LLC Delaware5
- North Troy Timberland Office IV, LLC Delaware5
- Novare National Settlement Service of Alabama, LLC Alabama5
- Novare National Settlement Service, LLC Delaware5
- Novare Settlement Holdings, LLC Delaware5
- Pines Self Storage Associates, Ltd. Florida5
- Red Hills CH, LLC Delaware5
- Residences at Concord JV, LLC Delaware5
- Residences at Concord PE Member, LLC Delaware5
- SCG Core Plus Retail Fund, LP Delaware5
- SGH Holdco LLC Delaware5
- SMRF Depositor, LLC Delaware5
- SMRF Servicing Administrator, LLC Delaware5
- SMRF TRS, LLC Delaware5
- SMRF Trust Holdings II, LLC Delaware5
- SMRF Trust Holdings II-A, LLC Delaware5
- SMRF Trust Holdings IX, LLC Delaware5
- SMRF Trust Holdings IX-A, LLC Delaware5
- SMRF Trust Holdings VI, LLC Delaware5
- SMRF Trust Holdings VI-A, LLC Delaware5
- SMRF Trust Holdings VII, LLC Delaware5
- SMRF Trust Holdings VII-A, LLC Delaware5
- SMRF Trust Holdings VIII, LLC Delaware5
- SMRF Trust Holdings VIII-A, LLC Delaware5
- SMRF Trust Holdings X, LLC Delaware5
- SMRF Trust Holdings X-A, LLC Delaware5
- SMRF Trust I Delaware5
- SMRF Trust I-A Delaware5
- SMRF Trust II Delaware5
- SMRF Trust II-A Delaware5
- SMRF Trust IX Delaware5
- SMRF Trust IX-A Delaware5
- SMRF Trust VI Delaware5
- SMRF Trust VI-A Delaware5
- SMRF Trust VII Delaware5
- SMRF Trust VII-A Delaware5
- SMRF Trust VIII Delaware5
- SMRF Trust VIII-A Delaware5
- SMRF Trust X Delaware5
- SMRF Trust X-A Delaware5
- SPE 1825 Parker Road Holdings, LLC Georgia5
- SPT 701 Lender, L.L.C. Delaware5
- SPT Acquisitions Holdco, LLC Delaware5
- SPT Acquisitions Sub-1, LLC Delaware5
- SPT Acquisitions Sub-1-A, LLC Delaware5
- SPT Atlanta Partner, LLC Delaware5
- SPT BH Holdings, LLC Delaware5
- SPT CA Fundings 2, LLC Delaware5
- SPT CA Fundings, LLC Delaware5
- SPT CB Holdings, LLC Delaware5
- SPT CLO Sub-REIT SH TRS Holdings, LLC Delaware5
- SPT CLO Sub-REIT SH, LLC Delaware5
- SPT CRE CLO Equity Parent, LLC Delaware5
- SPT CRE Property Holdings 2015, LLC Delaware5
- SPT Cedar Parent, LLC Delaware5
- SPT Chatsworth Holdings, L.L.C. Delaware5
- SPT Dolphin Avalon Reserve LLC Delaware5
- SPT Dolphin Buena Vista I LLC Delaware5
- SPT Dolphin Buena Vista II LLC Delaware5
- SPT Dolphin Camellia Pointe LLC Delaware5
- SPT Dolphin Congress Park LLC Delaware5
- SPT Dolphin Cyprus Point LLC Delaware5
- SPT Dolphin Glen Oaks LLC Delaware5
- SPT Dolphin Hickory Pointe LLC Delaware5
- SPT Dolphin Hidden Creek LLC Delaware5
- SPT Dolphin Holdings LLC Delaware5
- SPT Dolphin Holdings Parent LLC Delaware5
- SPT Dolphin Homestead Colony LLC Delaware5
- SPT Dolphin ICB LLC Delaware5
- SPT Dolphin Intermediate LLC Delaware5
- SPT Dolphin Madison Chase LLC Delaware5
- SPT Dolphin Madison Commons LLC Delaware5
- SPT Dolphin Magnolia Pointe LLC Delaware5
- SPT Dolphin Mariners Cove LLC Delaware5
- SPT Dolphin Metro Place I LLC Delaware5
- SPT Dolphin Metro Place II LLC Delaware5
- SPT Dolphin Osprey Ridge LLC Delaware5
- SPT Dolphin Palmetto Trace LLC Delaware5
- SPT Dolphin Parent LLC Vermont5
- SPT Dolphin Park Avenue LLC Delaware5
- SPT Dolphin Pointe Vista I LLC Delaware5
- SPT Dolphin Pointe Vista II LLC Delaware5
- SPT Dolphin Providence Reserve LLC Delaware5
- SPT Dolphin Sand Lake LLC Delaware5
- SPT Dolphin Spring Harbor LLC Delaware5
- SPT Dolphin Waterford Pointe LLC Delaware5
- SPT Dolphin West Pointe LLC Delaware5
- SPT Dolphin Whistlers Cove LLC Delaware5
- SPT FDS Troy JV, LLC Delaware5
- SPT Friedman Sierra Vista JV, LLC Delaware5
- SPT Glen Burnie Partner, LLC Delaware5
- SPT HD Holdings, LLC Delaware5
- SPT HD Holdings, Ltd. Delaware5
- SPT Infrastructure 2021-SIF2 Retention Holder, LLC Delaware5
- SPT Infrastructure 2024-SIF-3 Retention Holder, LLC Delaware5
- SPT Infrastructure 2024-SIF-4 Retention Holder, LLC Delaware5
- SPT Infrastructure 2025-SIF5 Retention Holder, LLC Delaware5
- SPT Infrastructure 2025-SIF6 Retention Holder, LLC Delaware5
- SPT Infrastructure 2026-SIF7 Retention Holder, LLC Delaware5
- SPT Infrastructure CLO Equity Parent, LLC Delaware5
- SPT Infrastructure CLO Retention Holder, LLC Delaware5
- SPT Infrastructure CLO Seller, LLC Delaware5
- SPT Infrastructure Finance Domestic TRS, LLC Delaware5
- SPT Infrastructure Finance Holdings, LLC Delaware5
- SPT Infrastructure Finance Offshore TRS, Ltd. Cayman Islands5
- SPT Infrastructure Finance Servicer, LLC Delaware5
- SPT Infrastructure Finance Sub-1 CB, LLC Delaware5
- SPT Infrastructure Finance Sub-1, LLC Delaware5
- SPT Infrastructure Finance Sub-2, Ltd. Cayman Islands5
- SPT Infrastructure Finance Sub-3 CB, LLC Delaware5
- SPT Infrastructure Finance Sub-3, LLC Delaware5
- SPT Infrastructure Finance Sub-4 (DT) CB, LLC Delaware5
- SPT Infrastructure Finance Sub-4 (DT), LLC Delaware5
- SPT Infrastructure Finance Sub-4 (OT) CB, Ltd. Cayman Islands5
- SPT Infrastructure Finance Sub-4 (OT), Ltd. Cayman Islands5
- SPT Infrastructure Finance Sub-4 CB, LLC Delaware5
- SPT Infrastructure Finance Sub-4, LLC Delaware5
- SPT Infrastructure Finance Sub-5 (DT) CB, LLC Delaware5
- SPT Infrastructure Finance Sub-5 (DT), LLC Delaware5
- SPT Infrastructure Finance Sub-5 (OT) CB, Ltd. Jersey5
- SPT Infrastructure Finance Sub-5 (OT), Ltd. Jersey5
- SPT Infrastructure Finance Sub-5 CB, LLC Delaware5
- SPT Infrastructure Finance Sub-5, LLC Delaware5
- SPT Infrastructure Finance Sub-6 (DT) CB, LLC Delaware5
- SPT Infrastructure Finance Sub-6 (DT), LLC Delaware5
- SPT Infrastructure Finance Sub-6 (OT) CB, Ltd. Cayman Islands5
- SPT Infrastructure Finance Sub-6 (OT), Ltd. Cayman Islands5
- SPT Infrastructure Finance Sub-6 CB, LLC Delaware5
- SPT Infrastructure Finance Sub-6, LLC Delaware5
- SPT Infrastructure Finance Sub-7 (DT) CB, LLC Delaware5
- SPT Infrastructure Finance Sub-7 (DT), LLC Delaware5
- SPT Infrastructure Finance Sub-7 (OT), Ltd. Cayman Islands5
- SPT Infrastructure Finance Sub-7 (Ot) CB, Ltd. Cayman Islands5
- SPT Infrastructure Finance Sub-7 CB, LLC Delaware5
- SPT Infrastructure Finance Sub-7, LLC Delaware5
- SPT Infrastructure Finance Sub-8 (DT) CB, LLC Delaware5
- SPT Infrastructure Finance Sub-8 (DT), LLC Delaware5
- SPT Infrastructure Finance Sub-8 (OT), Ltd. Cayman Islands5
- SPT Infrastructure Finance Sub-8 (Ot) CB, Ltd. Cayman Islands5
- SPT Infrastructure Finance Sub-8 CB, LLC Delaware5
- SPT Infrastructure Finance Sub-8, LLC Delaware5
- SPT Infrastructure Finance Sub-9 (DT) CB, LLC Delaware5
- SPT Infrastructure Finance Sub-9 (DT), LLC Delaware5
- SPT Infrastructure Finance Sub-9 (OT) CB, Ltd. Cayman Islands5
- SPT Infrastructure Finance Sub-9 (OT), Ltd. Cayman Islands5
- SPT Infrastructure Finance Sub-9 CB, LLC Delaware5
- SPT Infrastructure Finance Sub-9, LLC Delaware5
- SPT Infrastructure Finance, LLC Delaware5
- SPT Ivey 1 Rykowski MOB LLC Delaware5
- SPT Ivey 109 Rykowski MOB LLC Delaware5
- SPT Ivey 155 Crystal Run MOB LLC Delaware5
- SPT Ivey 300 Crystal Run MOB LLC Delaware5
- SPT Ivey 61 Emerald MOB LLC Delaware5
- SPT Ivey 8220 Naab Rd MOB LLC Delaware5
- SPT Ivey 8260 Naab Rd MOB LLC Delaware5
- SPT Ivey 95 Crystal Run MOB LLC Delaware5
- SPT Ivey Abilene MOB LLC Delaware5
- SPT Ivey Amarillo MOB LLC Delaware5
- SPT Ivey Boynton MOB LLC Delaware5
- SPT Ivey Brentwood CA MOB LLC Delaware5
- SPT Ivey Brownsburg MOB LLC Delaware5
- SPT Ivey Dowell Springs MOB LLC Delaware5
- SPT Ivey Eagle Carson City MOB LLC Delaware5
- SPT Ivey El Paso MOB LLC Delaware5
- SPT Ivey Frisco MOB LLC Delaware5
- SPT Ivey Greeley Cottonwood MOB LLC Delaware5
- SPT Ivey Greeley MOB LLC Delaware5
- SPT Ivey Hendersonville MOB LLC Delaware5
- SPT Ivey Holdings 2, LLC Delaware5
- SPT Ivey Holdings Parent, LLC Delaware5
- SPT Ivey Holdings, LLC Delaware5
- SPT Ivey Intermediate LLC Delaware5
- SPT Ivey Jersey City MOB LLC Delaware5
- SPT Ivey Johns Creek GA MOB LLC Delaware5
- SPT Ivey Parent LLC Delaware5
- SPT Ivey Rockwall MOB II LLC Delaware5
- SPT Ivey Rockwall MOB LLC Delaware5
- SPT Ivey Santa Rosa MOB LLC Delaware5
- SPT Ivey Shenandoah TX MOB LLC Delaware5
- SPT Ivey St. Francis Lafayette MOB I LLC Delaware5
- SPT Ivey St. Francis Lafayette MOB II LLC Delaware5
- SPT Ivey St. Petersburg MOB LLC Delaware5
- SPT Ivey Sub-Manager, LLC Delaware5
- SPT Ivey Sylva MOB LLC Delaware5
- SPT Ivey Tempe MOB Intermediate LLC Delaware5
- SPT Ivey Tempe MOB LLC Delaware5
- SPT Ivey Treeline San Antonio MOB LLC Delaware5
- SPT Ivey Urbana MOB LLC Delaware5
- SPT Jacksonville Partner, LLC Delaware5
- SPT LMC Holdings, LLC Delaware5
- SPT LNR CDO Cayman Ltd. Cayman Islands5
- SPT LNR Property Sub, LLC Delaware5
- SPT LNR Property TRS, LLC Delaware5
- SPT LNR Property, LLC Delaware5
- SPT LNR Securities Holdings Parent, LLC Delaware5
- SPT Logan Holdings, LLC Delaware5
- SPT Marathon Holdings, LLC Delaware5
- SPT Operations 2, LLC Delaware5
- SPT PR Waikoloa JV, LLC Delaware5
- SPT Raleigh Partner TRS, LLC Delaware5
- SPT Raleigh Partner, LLC Delaware5
- SPT Real Estate AU, LLC Delaware5
- SPT Real Estate BM, LLC Delaware5
- SPT Real Estate Capital, LLC Delaware5
- SPT Real Estate Sub III, LLC Delaware5
- SPT SK Holdings Parent, LLC Delaware5
- SPT SK Holdings, LLC Delaware5
- SPT SK Holdings, Ltd. Cayman Islands5
- SPT Sierra Vista Partner, LLC Delaware5
- SPT Spear Holdings, LLC Delaware5
- SPT Special Member, Inc. Delaware5
- SPT TALF Holdings, LLC Delaware5
- SPT TCO Acquisition, LLC Delaware5
- SPT TLA BB Holdings TRS, LLC Delaware5
- SPT TLA BB Holdings, LLC Delaware5
- SPT TLA Parent, LLC Delaware5
- SPT TLB BB Holdings TRS Parent, LLC Delaware5
- SPT TLB BB Holdings TRS, LLC Delaware5
- SPT TLB BB Holdings, LLC Delaware5
- SPT TLB BB Intermediate, LLC Delaware5
- SPT TLB BB PE Holdings, LLC Delaware5
- SPT Ten-X Holdings, LLC Delaware5
- SPT Troy Partner, LLC Delaware5
- SPT Victoria Holdings 1, Ltd. Cayman Islands5
- SPT Victoria Holdings 2, Ltd. Cayman Islands5
- SPT Victoria Holdings 3, Ltd. Cayman Islands5
- SPT WAH Holdings LLC Delaware5
- SPT WAH Walden Park LLC Delaware5
- SPT WAH Waterford LLC Delaware5
- SPT WAH Waverly LLC Delaware5
- SPT WAH Wedgewood LLC Delaware5
- SPT WAH Wellesley LLC Delaware5
- SPT WAH Wellington LLC Delaware5
- SPT WAH Wentworth I LLC Delaware5
- SPT WAH Wentworth II LLC Delaware5
- SPT WAH Westbrook LLC Delaware5
- SPT WAH Westchase LLC Delaware5
- SPT WAH Westchester LLC Delaware5
- SPT WAH Westminster LLC Delaware5
- SPT WAH Weston Oaks LLC Delaware5
- SPT WAH Westwood LLC Delaware5
- SPT WAH Wexford LLC Delaware5
- SPT WAH Whispering Pines LLC Delaware5
- SPT WAH Whispering Woods LLC Delaware5
- SPT WAH Willow Lake LLC Delaware5
- SPT WAH Wilmington LLC Delaware5
- SPT WAH Windchase LLC Delaware5
- SPT WAH Windermere I LLC Delaware5
- SPT WAH Windermere II LLC Delaware5
- SPT WAH Windsong I LLC Delaware5
- SPT WAH Windsong II LLC Delaware5
- SPT WAH Windsor Park LLC Delaware5
- SPT WAH Woodbridge LLC Delaware5
- SPT WAH Woodcrest LLC Delaware5
- SPT WAH Woodhill LLC Delaware5
- SPT WAH Woodridge LLC Delaware5
- SPT WAH Worthington LLC Delaware5
- SPT WAH Wyndham Place LLC Delaware5
- SPT WAH Wyngate LLC Delaware5
- SPT WD Holdings, LLC Delaware5
- SPT Waikoloa Lot, LLC Delaware5
- SPT Waikoloa Partner, LLC Delaware5
- SPT Wilkinson Raleigh JV, LLC Delaware5
- SPT-IX 701 Lender GP, L.L.C. Delaware5
- SPT-IX 701 Lender, L.P. Delaware5
- SPTIF Equity Holdings, LLC Delaware5
- SPTIF Loan Holdings, LLC Delaware5
- SPTIF Parent, LLC Delaware5
- SPTIF Securities Holdings II, LLC Delaware5
- SPTIF Securities Holdings III, LLC Delaware5
- SPTIF Sub-5 (DT) Holdings CB, LLC Delaware5
- SPTIF Sub-5 (DT) Holdings, LLC Delaware5
- SPTIF Sub-5 (OT) Holdings CB, Ltd. Jersey5
- SPTIF Sub-5 (OT) Holdings, Ltd. Jersey5
- SPTIF Sub-5 Holdings CB, LLC Delaware5
- SPTIF Sub-5 Holdings, LLC Delaware5
- SPTIF Sub-6 (DT) Holdings CB, LLC Delaware5
- SPTIF Sub-6 (DT) Holdings, LLC Delaware5
- SPTIF Sub-6 (OT) Holdings CB, Ltd. Cayman Islands5
- SPTIF Sub-6 (OT) Holdings, Ltd. Cayman Islands5
- SPTIF Sub-6 Holdings CB, LLC Delaware5
- SPTIF Sub-6 Holdings, LLC Delaware5
- SPTIF Sub-7 (DT) Holdings, CB, LLC Delaware5
- SPTIF Sub-7 (DT) Holdings, LLC Delaware5
- SPTIF Sub-7 (OT) Holdings CB, Ltd. Cayman Islands5
- SPTIF Sub-7 (OT) Holdings, Ltd. Cayman Islands5
- SPTIF Sub-7 Holdings CB, LLC Delaware5
- SPTIF Sub-7 Holdings, LLC Delaware5
- SPTIF Sub-8 (DT) Holdings CB, LLC Delaware5
- SPTIF Sub-8 (DT) Holdings, LLC Delaware5
- SPTIF Sub-8 (OT) Holdings CB, Ltd. Cayman Islands5
- SPTIF Sub-8 (OT) Holdings, Ltd. Cayman Islands5
- SPTIF Sub-8 Holdings CB, LLC Delaware5
- SPTIF Sub-8 Holdings, LLC Delaware5
- SPTIF Sub-9 (DT) Holdings CB, LLC Delaware5
- SPTIF Sub-9 (DT) Holdings, LLC Delaware5
- SPTIF Sub-9 (OT) Holdings CB, Ltd. Cayman Islands5
- SPTIF Sub-9 (OT) Holdings, Ltd. Cayman Islands5
- SPTIF Sub-9 Holdings CB, LLC Delaware5
- SPTIF Sub-9 Holdings, LLC Delaware5
- SRP TM Holdings, LP Delaware5
- STWD 2019-FL1, Ltd. Cayman Islands5
- STWD 2021-FL2 Retention Holder, LLC Delaware5
- STWD 2021-FL2, LLC Delaware5
- STWD 2021-FL2, Ltd. Cayman Islands5
- STWD 2021-SIF1, LLC Delaware5
- STWD 2021-SIF1, Ltd. Cayman Islands5
- STWD 2021-SIF2, LLC Delaware5
- STWD 2021-SIF2, Ltd. Cayman Islands5
- STWD 2022-FL3 Retention Holder, LLC Delaware5
- STWD 2022-FL3, LLC Delaware5
- STWD 2022-FL3, Ltd. Cayman Islands5
- STWD 2024-SIF3, LLC Delaware5
- STWD 2025-FL4 Retention Holder, LLC Delaware5
- STWD 2025-FL4, LLC Delaware5
- STWD CLO Retention Holder, LLC Delaware5
- STWD CLO Seller, LLC Delaware5
- STWD CLO Sub-REIT, LLC Delaware5
- STWD CMBS Liquid Holdings LLC Delaware5
- STWD CMBS RR Holdings LLC Delaware5
- STWD CMBS Venture Holdings LLC Delaware5
- STWD Co-Investment 2015, L.P. Delaware5
- STWD Co-Investment Fund GP, LLC Delaware5
- STWD Europe Retention Holder, LLC Delaware5
- STWD Europe Seller LLC Delaware5
- STWD Europe Special Servicer, LLC Delaware5
- STWD Investment Management, LLC Delaware5
- STWD JV Holdings LLC Delaware5
- Salem Harbor Power HoldCo LLC Delaware5
- Starwood 2024-SIF4, LLC Delaware5
- Starwood 2025-SIF5, LLC Delaware5
- Starwood 2025-SIF6, LLC Delaware5
- Starwood 2026-SIF7, LLC Delaware5
- Starwood CMBS Fund GP, LLC Delaware5
- Starwood CMBS Fund I Investor, LLC Delaware5
- Starwood CMBS Fund I, L.P. Delaware5
- Starwood CMBS Horizontal Retention BBCMS 2018-C2 LLC Delaware5
- Starwood CMBS Horizontal Retention BBCMS 2020-C8 LLC Delaware5
- Starwood CMBS Horizontal Retention BBCMS 2023-5C23 LLC Delaware5
- Starwood CMBS Horizontal Retention BBCMS 2024-5C27 LLC Delaware5
- Starwood CMBS Horizontal Retention BBCMS 2024-5C31 LLC Delaware5
- Starwood CMBS Horizontal Retention BBCMS 2025-C39 LLC Delaware5
- Starwood CMBS Horizontal Retention BMO 2025-5C11 LLC Delaware5
- Starwood CMBS Horizontal Retention CF 2019-CF1 LLC Delaware5
- Starwood CMBS Horizontal Retention CF 2019-CF2-LLC Delaware5
- Starwood CMBS Horizontal Retention CGCMT 2019-C7 LLC Delaware5
- Starwood CMBS Horizontal Retention MSBAM 2025-5C2 LLC Delaware5
- Starwood CMBS Horizontal Retention MSC 2019-L3 LLC Delaware5
- Starwood CMBS Horizontal Retention MSC 2021-L5 LLC Delaware5
- Starwood CMBS Horizontal Retention MSC 2022-L8 LLC Delaware5
- Starwood Commercial Mortgage Depositor, LLC Delaware5
- Starwood Conduit CMBS Horizontal Retention I, LLC Delaware5
- Starwood Conduit CMBS Vertical Retention I LLC Delaware5
- Starwood Conduit CMBS Vertical Retention II LLC Delaware5
- Starwood Infrastructure Finance, LLC Delaware5
- Starwood Mortgage Capital LLC Delaware5
- Starwood Mortgage Funding I LLC Delaware5
- Starwood Mortgage Funding II LLC Delaware5
- Starwood Mortgage Funding III LLC Delaware5
- Starwood Mortgage Funding IV LLC Delaware5
- Starwood Mortgage Funding V LLC Delaware5
- Starwood Mortgage Funding VI LLC Delaware5
- Starwood Mortgage Funding VII, LLC Delaware5
- Starwood Mortgage Residential Finance, LLC Delaware5
- Starwood Mortgage WD, L.L.C. Delaware5
- Starwood Non-Agency Lending, LLC Delaware5
- Starwood Non-Agency Securities Holdings II, LLC Delaware5
- Starwood Non-Agency Securities Holdings III, LLC Delaware5
- Starwood Non-Agency Securities Holdings IV, LLC Delaware5
- Starwood Non-Agency Securities Holdings, LLC Delaware5
- Starwood Property Mortgage BC, L.L.C. Delaware5
- Starwood Property Mortgage Depositor, LLC Delaware5
- Starwood Property Mortgage Sub-10 HoldCo, L.L.C. Delaware5
- Starwood Property Mortgage Sub-10, L.L.C. Delaware5
- Starwood Property Mortgage Sub-10-A Holdco, L.L.C. Delaware5
- Starwood Property Mortgage Sub-10-A, L.L.C. Delaware5
- Starwood Property Mortgage Sub-11, L.L.C. Delaware5
- Starwood Property Mortgage Sub-12, L.L.C. Delaware5
- Starwood Property Mortgage Sub-12-A, L.L.C. Delaware5
- Starwood Property Mortgage Sub-14, L.L.C. Delaware5
- Starwood Property Mortgage Sub-14-A, L.L.C. Delaware5
- Starwood Property Mortgage Sub-15, L.L.C. Delaware5
- Starwood Property Mortgage Sub-15-A, L.L.C. Delaware5
- Starwood Property Mortgage Sub-16, L.L.C. Delaware5
- Starwood Property Mortgage Sub-16-A, L.L.C. Delaware5
- Starwood Property Mortgage Sub-18 Holdings, L.L.C. Delaware5
- Starwood Property Mortgage Sub-18, L.L.C Delaware5
- Starwood Property Mortgage Sub-18-A Holdings, L.L.C Delaware5
- Starwood Property Mortgage Sub-18-A, L.L.C. Delaware5
- Starwood Property Mortgage Sub-19 Holdings, L.L.C. Delaware5
- Starwood Property Mortgage Sub-19, L.L.C. Delaware5
- Starwood Property Mortgage Sub-19-A Holdings, L.L.C. Delaware5
- Starwood Property Mortgage Sub-19-A, L.L.C. Delaware5
- Starwood Property Mortgage Sub-2, L.L.C. Delaware5
- Starwood Property Mortgage Sub-2-A, L.L.C. Delaware5
- Starwood Property Mortgage Sub-20, L.L.C. Delaware5
- Starwood Property Mortgage Sub-20-A, L.L.C. Delaware5
Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record. The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Aug 13, 20268-K Executive or director change70
- Aug 6, 20268-K Results of operations71
- Jul 10, 20268-K Entered a material agreement; New debt or obligation72
- Jun 26, 20268-K Other events73
- Jun 25, 20268-K Other events74
- May 26, 20268-K Entered a material agreement; New debt or obligation75
- May 12, 20268-K Other events76
- May 11, 20268-K Other events77
- May 8, 20268-K Results of operations78
- Apr 24, 20268-K Shareholder vote79
- Feb 25, 20268-K Results of operations80
- Nov 10, 20258-K Results of operations81
- May 26, 2009Founded Starwood Property Trust is founded3
Calendar
Coming up
- Nov 6, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $0.36 a share, on Nov 10, 2025.82
When it reported results
- Aug 6, 2026Reported quarterly or annual results71
- May 8, 2026Reported quarterly or annual results78
- Feb 25, 2026Reported quarterly or annual results80
- Nov 10, 2025Reported quarterly or annual results81
- Aug 7, 2025Reported quarterly or annual results83
- Jul 16, 2025Reported quarterly or annual results84
- May 9, 2025Reported quarterly or annual results85
- Feb 27, 2025Reported quarterly or annual results86
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
287 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 68 major events, 145 insider forms, 8 large holders, 46 other. The latest 20:
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Aug 13, 20268-K EDGAR
- Aug 6, 202610-Q EDGAR
- Aug 6, 20268-K EDGAR
- Jul 10, 20268-K EDGAR
- Jul 2, 20264 EDGAR
- Jun 26, 20268-K EDGAR
- Jun 25, 20268-K EDGAR
- Jun 24, 20264 EDGAR
- Jun 4, 20264 EDGAR
- May 28, 20264 EDGAR
- May 28, 20264 EDGAR
- May 26, 20268-K EDGAR
The 287 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
10 open-market trades by officers, directors and large owners since October 2021: 2 buys and 8 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Apr 1, 2026 | Dishner Jeffrey G.Director | Sale | 7,013 | $17.13 | $120.1K | Form 4 |
| Mar 28, 2024 | DiModica Jeffrey F.President | Sale | 100,000 | $20.28 | $2.0M | Form 4 |
| Feb 1, 2024 | DiModica Jeffrey F.President | Sale | 25,000 | $20.33 | $508.2K | Form 4 |
| Dec 27, 2023 | DiModica Jeffrey F.President | Sale | 75,000 | $22.06 | $1.7M | Form 4 |
| Sep 22, 2023 | DiModica Jeffrey F.President | Sale | 10,000 | $20.10 | $201.0K | Form 4 |
| Sep 21, 2023 | DiModica Jeffrey F.President | Sale | 20,111 | $20.48 | $411.9K | Form 4 |
| Nov 15, 2022 | Sossen Andrew JayFormer COO and General Counsel | Sale | 18,155 | $21.11 | $383.3K | Form 4 |
| Mar 31, 2022 | Sossen Andrew JayFormer COO and General Counsel | Sale | 33,750 | $24.25 | $818.4K | Form 4 |
| Dec 20, 2021 | STERNLICHT BARRY SCEO, Chairman of the Board | Buy | 217,500 | $22.66 | $4.9M | Form 4 |
| Dec 20, 2021 | DiModica Jeffrey F.President | Buy | 6,500 | $22.86 | $148.6K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- VANGUARD GROUP INCSCHEDULE 13G/A, 4 filings Feb 10, 2022 to Mar 27, 202687
- BlackRockSC 13G/A, 4 filings Feb 3, 2022 to Jan 24, 202488
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Jeffrey F. DiModicaPresident | $600.0K | $6.7M89 | |
| 2025 | Rina PaniryChief Financial Officer, Treasurer, Principal Financial Officer and Chief Accounting Officer | 52 | $600.0K | $3.1M89 |
| 2024 | Jeffrey F. DiModicaPresident | $600.0K | $11.6M89 | |
| 2024 | Rina PaniryChief Financial Officer, Treasurer, Principal Financial Officer and Chief Accounting Officer | 52 | $600.0K | $4.5M89 |
| 2023 | Jeffrey F. DiModicaPresident | $600.0K | $4.5M89 | |
| 2023 | Rina PaniryChief Financial Officer, Treasurer, Principal Financial Officer and Chief Accounting Officer | 52 | $600.0K | $3.2M89 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 35,980,845 | $589.4M | 0.0% | +726,986 |
| Vanguard Capital Management LLC | 15,779,112 | $258.5M | 0.0% | +186,565 |
| Vanguard Portfolio Management LLC | 15,026,029 | $246.1M | 0.0% | −70,076 |
| State Street Corp | 11,903,686 | $200.6M | 0.0% | +99,347 |
| Morgan Stanley | 8,787,711 | $143.9M | 0.0% | +1,362,460 |
| Geode Capital Management, LLC | 6,699,499 | $109.8M | 0.0% | +107,973 |
| Ameriprise Financial Inc | 4,977,504 | $81.6M | 0.0% | −733,280 |
| Northern Trust Corp | 4,516,098 | $74.0M | 0.0% | −915,897 |
| Advisors Capital Management, LLC | 4,280,864 | $70.1M | 0.7% | +276,706 |
| HighTower Advisors, LLC | 3,046,542 | $49.9M | 0.0% | +246,741 |
| Raymond James Financial Inc | 2,931,036 | $48.0M | 0.0% | +302,325 |
| Wells Fargo & Company/mn | 2,707,449 | $44.3M | 0.0% | −14,057 |
| Charles Schwab Investment Management Inc | 2,648,402 | $43.4M | 0.0% | +80,025 |
| Jpmorgan Chase & Co | 2,337,908 | $39.9M | 0.0% | +89,444 |
| Bank of New York Mellon Corp | 2,350,328 | $38.5M | 0.0% | −97,275 |
| Vanguard Fiduciary Trust Co | 2,217,308 | $36.3M | 0.0% | +49,991 |
| Two Sigma Investments, LP | 2,211,543 | $36.2M | 0.0% | −1,386,819 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1,829,099 | $30.0M | 0.0% | +61,571 |
| Norges Bank | 1,742,303 | $28.5M | 0.0% | New |
| Van Eck Associates Corp | 1,598,413 | $26.2M | 0.0% | +174,156 |
| Goldman Sachs Group Inc | 1,512,203 | $24.8M | 0.0% | −436,049 |
| Invesco Ltd. | 1,396,969 | $22.9M | 0.0% | −209,928 |
| UBS Group AG | 1,389,366 | $22.8M | 0.0% | +87,045 |
| Franklin Resources Inc | 1,271,168 | $20.8M | 0.0% | +14,151 |
| Leeward Investments, LLC - MA | 1,238,588 | $20.3M | 0.9% | +60,633 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
3 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Jun 17, 2025 | Lisa C. McClainRepublican, House | Sale | $1,001 - $15,000 | +65.6% | Report |
| Jun 11, 2025 | Lisa C. McClainRepublican, House | Buy | $1,001 - $15,000 | −66.2% | Report |
| Jun 15, 2020 | Alan S. Lowenthal, House | Sale | $1,001 - $15,000 | +167.5% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
SEC filer profile
How Starwood Property Trust is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSTARWOOD PROPERTY TRUST, INC.2
- CIK0001465128
- Employer ID (EIN)27-024774742
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company42
- Incorporated inMaryland42
- Fiscal year endsDecember 312
- Industry code (SIC)6798 Real Estate Investment Trusts2
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance2
- Business address2340 Collins Avenue, Suite 700, Miami Beach, FL 331392
- Phone305.695.55002
- Shares outstanding370,168,950 as of Jul 31, 202649
- Public float$6.4B as of Jun 30, 202542
- AuditorDELOITTE & TOUCHE LLP, Miami, Florida PCAOB ID 34; it also attests to the company’s internal control over financial reporting42
- On EDGAR sinceJun 5, 20092
- Filings967 in all: 4 (408), 8-K (226), 10-Q (51), 424B5 (38), SC 13G/A (38), UPLOAD (28), 3 (22), CORRESP (21)2
All 35 form types
10-K (17), DEF 14A (17), DEFA14A (11), 4/A (9), ARS (9), SC 13G (9), FWP (7), S-3ASR (7), 424B3 (6), 144 (5), 424B7 (5), S-11/A (5), S-8 (5), EFFECT (4), PX14A6G (3), S-4 (3), CT ORDER (2), S-4/A (2), 10-Q/A (1), 3/A (1), 424B1 (1), 8-A12B (1), 8-K/A (1), CERTNYS (1), S-11 (1), S-11MEF (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (10-K) Feb 25, 2026
Quarterly report (10-Q) Aug 6, 2026
Proxy statement (DEF 14A) Mar 13, 2026
Latest 8-K (8-K) Aug 13, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $0.01 par value per share | STWD | New York Stock Exchange |
From the cover page of the 10-K filed Feb 25, 2026 (Section 12(b) of the Exchange Act).42
Risk factors and legal proceedings
The risks Starwood Property Trust names in Item 1A of its 10-K filed Feb 25, 2026: 72 risks under these headings, as written.42
- Risks Related to Our Relationship with Our Manager
- We are dependent on Starwood Capital Group, including our Manager and their key personnel, who provide services to us through the management agreement, and we may not find a suitable replacement for our Manager and Starwood Capital Group if the management agreement is terminated, or for these key personnel if they leave Starwood Capital Group or otherwise become unavailable to us.
- There are various conflicts of interest in our relationship with Starwood Capital Group, including our Manager, which could result in decisions that are not in the best interests of our stockholders.
- The management agreement with our Manager was not negotiated on an arm’s-length basis and may not be as favorable to us as if it had been negotiated with an unaffiliated third party and may be costly and difficult to terminate.
- The incentive fee payable to our Manager under the management agreement is payable quarterly and is based on our Distributable Earnings and, therefore, may cause our Manager to select investments in more risky assets to increase its incentive compensation.
- Our related party transaction policy may not adequately address all of the conflicts of interest that may arise with respect to our investment activities and also may limit the allocation of investments to us.
- Risks Related to the Company
- We are subject to risk associated with pandemics, epidemics or other public health crises, which may have a material adverse effect on our business. The nature and extent of future impacts are highly uncertain and unpredictable.
- Provisions for credit losses are difficult to estimate.
- Our business may be adversely affected if our reputation, the reputation of our Manager or Starwood Capital Group, or the reputation of counterparties with whom we associate is harmed.
- We have not established a minimum distribution payment level and we may not be able to make distributions to our stockholders in the future at current levels or at all.
- Risks Related to Sources of Financing
The other 63 risks
- Our access to sources of financing may be limited and thus our ability to maximize our returns may be adversely affected.
- Our significant indebtedness subjects us to increased risk of loss and may reduce cash available for distributions to our stockholders.
- Interest rate fluctuations could significantly decrease our results of operations and cash flows and the market value of our investments.
- Warehouse facilities may limit our ability to acquire assets, and we may incur losses if the collateral is liquidated.
- The utilization of our repurchase agreements is subject to the pre-approval of the lender.
- A failure to comply with restrictive covenants in our financing arrangements would have a material adverse effect on us, and any future financings may require us to provide additional collateral or pay down debt.
- If one or more of our Manager’s executive officers are no longer employed by our Manager, the financial institutions providing us financing may not provide future financing to us, which could materially and adversely affect us.
- We directly or indirectly utilize non-recourse securitizations, and such structures expose us to risks that could result in losses to us.
- We may not have the ability to raise funds on acceptable terms necessary to settle conversions of our outstanding convertible senior notes or to purchase our outstanding convertible senior notes upon a fundamental change.
- Risks Related to Hedging
- We enter into hedging transactions that could expose us to contingent liabilities in the future.
- Hedging may adversely affect our earnings, which could reduce our cash available for distribution to our stockholders.
- Hedging instruments often are not traded on regulated exchanges, guaranteed by an exchange or its clearing house, or regulated by any U.S. or foreign governmental authorities and involve risks and costs that could result in material losses.
- We may fail to qualify for, or choose not to elect, hedge accounting treatment.
- Risks Related to Our Real Estate-Related Investments
- The lack of liquidity in our investments may adversely affect our business.
- Our investments may be concentrated and are subject to risk of default.
- Difficult conditions in the mortgage, commercial and residential real estate markets may cause us to experience market losses related to our holdings.
- We have been and may continue to be adversely affected by trends in the office sector.
- Our preferred equity investments involve a greater risk of loss than conventional debt financing.
- Our commercial construction or rehabilitation lending may expose us to increased lending risks.
- The commercial mortgage loans we originate or acquire and the mortgage loans underlying our CMBS investments are subject to the ability of the commercial property owner to generate net income from operating the property, as well as the risks of delinquency and foreclosure.
- Our investments in CMBS are generally subject to losses.
- Dislocations, illiquidity and volatility in the market for commercial real estate as well as the broader financial markets could adversely affect the performance and value of commercial mortgage loans, the demand for CMBS and the value of CMBS investments.
- If we overestimate the yields or incorrectly price the risks of our investments, we may experience losses.
- Real estate valuation is inherently subjective and uncertain.
- Any investments in corporate bank debt and debt securities of commercial real estate operating or finance companies are subject to the specific risks relating to the particular companies and to the general risks of investing in real estate-related loans and securities, which may result in significant losses.
- Investments in non-conforming and non-investment grade rated loans or securities involve increased risk of loss.
- Any credit ratings assigned to our investments are subject to ongoing evaluations and revisions and we cannot assure you that those ratings will not be downgraded.
- The B-Notes that we acquire are subject to additional risks related to the privately negotiated structure and terms of the transaction, which may result in losses to us.
- Our mezzanine loans involve greater risks of loss than senior loans secured by income-producing properties.
- Bridge loans involve a greater risk of loss than traditional investment-grade mortgage loans with fully insured borrowers.
- We purchase securities backed by subprime or alternative documentation residential loans, which are subject to increased risks.
- We may acquire and sell from time to time residential loans, including “non-QM” loans, which may subject us to legal, regulatory and other risks, which could adversely impact our business and financial results.
- The residential loans that we may acquire, and that underlie the RMBS we acquire, are subject to risks particular to investments secured by mortgage loans on residential property. These risks are heightened because we may purchase non-performing loans.
- Our inability to promptly foreclose upon defaulted residential loans could increase our cost of doing business and/or diminish our expected return on investments.
- Prepayment rates may adversely affect the value of our investment portfolio.
- Interest rate mismatches between our agency RMBS backed by ARMs and our borrowings used to fund our purchases of these assets may reduce our net interest income and cause us to suffer a loss during periods of rising interest rates.
- We invest in distressed and non-performing commercial loans which could subject us to increased risks relative to performing loans, which may result in losses to us.
- Some of our portfolio investments are recorded at fair value and, as a result, there is uncertainty as to the value of these investments.
- We may experience a decline in the fair value of our assets.
- Liability relating to environmental matters may impact the value of properties that we may purchase or acquire.
- We invest in commercial properties subject to net leases, which could subject us to losses.
- Investments outside the U.S. that are denominated in foreign currencies subject us to foreign currency risks and to the uncertainty of foreign laws and markets, which may adversely affect our distributions and our REIT status.
- We invest in equity interests in commercial real estate assets, which subjects us to the general risks of owning commercial real estate.
- We face risks associated with acquisitions of commercial real estate assets.
- Government housing regulations may limit the opportunities at the affordable housing communities in which we invest, and failure to comply with resident qualification requirements may result in financial penalties or loss of benefits.
- We are subject to the general risks of owning properties relating to the healthcare industry.
- We have sponsored, and purchased the more junior securities of, CLOs and such instruments involve significant risks, including that these securities receive distributions from the applicable CLO only if the CLO generates enough income to first pay all the investors holding senior tranches and all CLO expenses.
- Joint venture investments could be adversely affected by our lack of sole decision-making authority, our reliance on joint venture partners’ financial condition and liquidity and disputes between us and our joint venture partners.
- Risks Related to Our Infrastructure Lending Segment
- The success of the Infrastructure Lending Segment depends, in part, on our ability to leverage the capabilities of Lotus Infrastructure Partners and Starwood Oil and Gas.
- We are subject to the risks of investing in infrastructure loans, many of which are outside our control, and that may negatively impact our business and financial results.
- The investment portfolio of our Infrastructure Lending Segment is concentrated in the power industry and, to a lesser extent, the midstream oil and gas industry, which subjects the portfolio to more risks than if the investments were more diversified.
- We may have difficulty meeting our obligations on the unfunded commitments of the infrastructure loans, which could have a material adverse effect on us.
- The power and oil and gas industries are subject to extensive regulation, which could adversely impact the business and financial performance of the projects to which our infrastructure loans relate.
- We generally are not able to control the projects underlying our infrastructure loans.
- Operation of a project underlying an infrastructure loan involves significant risks and hazards that may impair the project company’s ability to repay the loan, resulting in its default, which could have a material adverse effect on our business and financial results.
- Loans to companies engaged in oil and gas exploration and production may be exposed to production risk and to commodity price risk.
- Risks Related to Our Investing and Servicing Segment
- The business activities of our Investing and Servicing Segment, particularly our special servicing business, expose us to certain risks.
- The business activities in our Investing and Servicing Segment are subject to an evolving regulatory environment that may affect certain aspects of these activities.
- The risks of investment in subordinated CMBS are magnified in the case of our Investing and Servicing Segment, where the principal payments received by the CMBS trust are made in priority to the higher rated securities.
- The market value of CMBS could fluctuate materially as a result of various risks that are out of our control and may result in significant losses.
- Most of the assets in our Investing and Servicing Segment are held through, or are ownership interests in, entities subject to entity level taxes, which cannot be passed through to, or used by, our stockholders to reduce taxes they owe.
- Our Consolidated Financial Statements changed materially following our acquisition of LNR, as we became required to consolidate the assets and liabilities of CMBS pools in which we own the controlling class of subordinated securities and are considered the “primary beneficiary.”
- Risks Related to Our Organization and Structure
- Certain provisions of Maryland law could inhibit changes in control.
Legal proceedings
Currently, no material legal proceedings are pending against us that could have a material adverse effect on our business, financial position or results of operations.
The opening of Item 3, Legal Proceedings.42
Links
- LinkedInwww.linkedin.com/company/starwoodproperty1
- WikidataQ106241909
- SEC EDGARCIK 1465128
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 51SEC EDGARJeffrey F. Dimodica, President
- 52SEC EDGARBoyd Fellows, President
- 53SEC EDGARJeffrey G. Dishner, President
- 54SEC EDGARRina Paniry, Chief financial officer
- 55
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- 60SEC EDGARDeborah L. Harmon, Board member
- 61SEC EDGARFred Perpall, Board member
- 62SEC EDGARFred S. Ridley, Board member
- 63SEC EDGARSolomon J. Kumin, Board member
- 64SEC EDGARCamille J. Douglas, Board member
- 65SEC EDGARJeffrey F. Dimodica, Board member
- 66SEC EDGARLynn Forester, Board member
- 67SEC EDGARRichard D. Bronson, Board member
- 68SEC EDGARHeather N. Bennett, General counsel
- 69SEC EDGARAndrew Jay Sossen, General counsel
- 70SEC EDGARExecutive or director change
- 71SEC EDGARResults of operations
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- 73SEC EDGAROther events
- 74SEC EDGAROther events
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- 76SEC EDGAROther events
- 77SEC EDGAROther events
- 78SEC EDGARResults of operations
- 79SEC EDGARShareholder vote
- 80SEC EDGARResults of operations
- 81SEC EDGARResults of operations
- 82NasdaqNasdaq calendar
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