Starwood Prpty Stock Price, News & Analysis

Starwood Property Trust (NYSE: STWD) has announced a quarterly dividend declaration of $0.48 per share of common stock for the first quarter of 2025. The dividend will be distributed on April 15, 2025 to shareholders who are recorded as stockholders as of March 31, 2025.

Starwood Strategic Partners (SSP), managed by Starwood Capital Group, has completed an investment in VANA Partners, a real estate investment platform specializing in extended stay hotels. The partnership, announced on March 4, 2025, will provide VANA with programmatic capital and strategic guidance through board representation and infrastructure support.

VANA, founded in 2022 by Dubi and Chuchu Ajukwu, brings expertise from institutions like The Related Companies, Tishman Speyer, Global Infrastructure Partners, Morgan Stanley, and J.P. Morgan. The investment aligns with SSP's mission of supporting early to mid-stage real estate managers showing opportunistic mindset and rigorous investment processes.

Bakari Adams, Managing Director at Starwood Capital and Head of SSP, emphasized the strategic nature of the partnership and their commitment to backing institutionally minded firms. The financial terms of the transaction were not disclosed.

Starwood Property Trust (NYSE: STWD) has reported its Q4 and full-year 2024 financial results. The company achieved Q4 GAAP net income of $51.6 million (EPS $0.15) and full-year GAAP net income of $359.9 million (EPS $1.10). Distributable Earnings reached $166.7 million for Q4 and $675.0 million for the year.

Key highlights include:

• $1.6 billion invested in Q4 and $5.1 billion for the full year
• $2.3 billion of corporate debt executed in Q4, extending average maturity to 3.5 years
• Current liquidity of $1.8 billion
• Maintained quarterly dividend of $0.48 per share for 62nd consecutive quarter

The company has already closed $1.5 billion in investments after year-end and manages a portfolio exceeding $25 billion across debt and equity investments. With capital markets improving, STWD expects to significantly increase its investment pace in 2025.

Starwood Property Trust (NYSE: STWD) has released its tax reporting information for distributions on common stock paid during the calendar year 2024. The company paid four quarterly cash distributions of $0.48 per share, totaling $1.92 for the year. After adjustments, the total dividend per share was $1.5792.

The distributions were categorized as follows: $1.2525 as ordinary taxable dividends (including $0.2359 in qualified dividends), $0.3267 as total capital gain distributions (with $0.1497 as unrecaptured 1250 gain), and $1.0166 as Section 199A dividends. The December 2024 dividend was a split-year dividend, with $0.1392 allocable to 2024 and $0.3408 to 2025 for federal tax purposes.

Starwood Property Trust (NYSE: STWD) has scheduled its fourth quarter and full year 2024 financial results release for Thursday, February 27, 2025, before the New York Stock Exchange opening. The company will host a conference call at 10:00 a.m. Eastern Time on the same day to discuss performance and recent events.

The conference call will be accessible via telephone (Domestic: 1-877-407-9039, International: 1-201-689-8470) and webcast through the company's Investor Relations website. A replay will be available for 90 days online and through March 13, 2025, via phone (Domestic: 1-844-512-2921, International: 1-412-317-6671, Passcode: 13750198).

Starwood Property Trust (NYSE: STWD) has completed several significant capital markets transactions in December 2024, strengthening its financial position. The company priced $500 million in sustainability notes due July 2030, extended and upsized its $767 million Term Loan B to $900 million, increased its revolving credit facility by $50 million to $200 million, and repriced its $590 million Term Loan B to $690 million.

These transactions have collectively extended the weighted average corporate debt maturity from 2.2 to 3.5 years, lowered borrowing costs, and generated $783 million of new capital for deployment. The company achieved record-low spreads on its debt facilities and will have no corporate debt maturities until July 2026 after repaying upcoming notes.

Starwood Property Trust (NYSE: STWD) has successfully priced a private offering of $500 million in sustainability bonds, upsized from the initially announced $400 million. The 6.500% unsecured senior notes, due 2030, priced at 100.0% of the principal amount, with settlement expected on December 27, 2024.

The company plans to use the net proceeds to finance or refinance eligible green and/or social projects. Initially, funds will be directed towards repaying the company's $400 million 3.750% Senior Notes due 2024 and for general corporate purposes, including repayment of outstanding indebtedness under secured financing agreements.

The Notes are exclusively offered to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act, and will not be initially registered under the Securities Act or state securities laws.

Starwood Property Trust (NYSE: STWD) has announced a private offering of $400 million in unsecured senior notes due 2030. The sustainability bonds will be used to finance or refinance eligible green and/or social projects. The immediate plan is to use the proceeds to repay the company's existing $400 million of 3.750% Senior Notes due 2024.

The offering is restricted to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act. The Notes will not be initially registered under the Securities Act or state securities laws, requiring registration or applicable exemption for U.S. trading.

Treehouse Hotel Silicon Valley, the first U.S. location of the Treehouse Hotels brand, is now accepting reservations for stays beginning March 1, 2025. Located in Sunnyvale, California, the hotel features 111 rooms (expanding to 254), over 7,000 square feet of meeting space, and grounds planted with native trees and 20,000+ plants. The property includes Valley Goat restaurant by James Beard Award-winning chef Stephanie Izard, a Beer Garden offering 30+ craft beers, an outdoor heated pool, and complimentary bikes. The hotel combines playful design elements with tech-inspired features, paying homage to Silicon Valley's innovation heritage while maintaining a nature-focused atmosphere.