Starwood Property Trust Closes Acquisition of Fundamental Income
Starwood Property Trust (NYSE: STWD) has completed its previously announced acquisition of Fundamental Income Properties from Brookfield Asset Management for $2.2 billion. The acquisition represents a strategic expansion into the net lease real estate operating platform segment.
Led by Chairman and CEO Barry Sternlicht, STWD expects the acquisition to provide stable, reliable, and growing cash flow for shareholders. The company, which has deployed $108 billion of capital since inception and manages a $27.5 billion portfolio across debt and equity investments, sees this as a strategic fit that leverages their existing strengths in the net lease space.
BofA Securities acted as sole financial advisor to STWD, while Wells Fargo, Evercore, and Stephens advised Brookfield Asset Management on the transaction.
Starwood Property Trust (NYSE: STWD) ha completato l'acquisizione precedentemente annunciata di Fundamental Income Properties da Brookfield Asset Management per 2,2 miliardi di dollari. Questa operazione rappresenta un'espansione strategica nel segmento delle piattaforme operative immobiliari a locazione netta.
Guidata dal Presidente e CEO Barry Sternlicht, STWD prevede che l'acquisizione garantirà un flusso di cassa stabile, affidabile e in crescita per gli azionisti. L'azienda, che ha investito 108 miliardi di dollari di capitale dalla sua fondazione e gestisce un portafoglio da 27,5 miliardi di dollari tra investimenti in debito e capitale, considera questa operazione un complemento strategico che valorizza le sue competenze nel settore delle locazioni nette.
BofA Securities ha agito come unico consulente finanziario di STWD, mentre Wells Fargo, Evercore e Stephens hanno assistito Brookfield Asset Management nell'operazione.
Starwood Property Trust (NYSE: STWD) ha completado la adquisición previamente anunciada de Fundamental Income Properties a Brookfield Asset Management por 2.200 millones de dólares. Esta adquisición representa una expansión estratégica en el segmento de plataformas operativas de bienes raíces con arrendamiento neto.
Bajo la dirección del presidente y CEO Barry Sternlicht, STWD espera que la adquisición proporcione un flujo de caja estable, confiable y en crecimiento para los accionistas. La compañía, que ha invertido 108.000 millones de dólares desde su creación y gestiona una cartera de 27.500 millones de dólares entre inversiones de deuda y capital, considera que esta operación encaja estratégicamente y aprovecha sus fortalezas existentes en el espacio de arrendamientos netos.
BofA Securities actuó como asesor financiero exclusivo de STWD, mientras que Wells Fargo, Evercore y Stephens asesoraron a Brookfield Asset Management en la transacción.
Starwood Property Trust (NYSE: STWD)가 Brookfield Asset Management로부터 Fundamental Income Properties를 22억 달러에 인수하는 이전에 발표된 거래를 완료했습니다. 이번 인수는 순 임대 부동산 운영 플랫폼 부문으로의 전략적 확장을 의미합니다.
회장 겸 CEO Barry Sternlicht가 이끄는 STWD는 이번 인수가 주주들에게 안정적이고 신뢰할 수 있으며 성장하는 현금 흐름을 제공할 것으로 기대하고 있습니다. 설립 이후 1,080억 달러의 자본을 투입하고 부채 및 주식 투자 전반에 걸쳐 275억 달러 규모의 포트폴리오를 관리하는 이 회사는 이번 인수가 순 임대 부문에서 기존 강점을 활용하는 전략적 적합성이라고 보고 있습니다.
BofA Securities가 STWD의 단독 재무 자문사로 활동했으며, Wells Fargo, Evercore, Stephens는 Brookfield Asset Management에 대해 자문을 제공했습니다.
Starwood Property Trust (NYSE : STWD) a finalisé l'acquisition précédemment annoncée de Fundamental Income Properties auprès de Brookfield Asset Management pour 2,2 milliards de dollars. Cette acquisition représente une expansion stratégique dans le segment des plateformes opérationnelles immobilières en location nette.
Sous la direction du président et CEO Barry Sternlicht, STWD s'attend à ce que cette acquisition génère des flux de trésorerie stables, fiables et en croissance pour ses actionnaires. La société, qui a déployé 108 milliards de dollars de capital depuis sa création et gère un portefeuille de 27,5 milliards de dollars comprenant des investissements en dette et en actions, considère cette opération comme une adéquation stratégique qui exploite ses forces existantes dans le domaine de la location nette.
BofA Securities a agi en tant que conseiller financier unique de STWD, tandis que Wells Fargo, Evercore et Stephens ont conseillé Brookfield Asset Management dans cette transaction.
Starwood Property Trust (NYSE: STWD) hat die zuvor angekündigte Übernahme von Fundamental Income Properties von Brookfield Asset Management für 2,2 Milliarden US-Dollar abgeschlossen. Die Akquisition stellt eine strategische Erweiterung im Bereich der Net-Lease-Immobilienbetriebplattformen dar.
Unter der Leitung von Chairman und CEO Barry Sternlicht erwartet STWD, dass die Übernahme stabile, verlässliche und wachsende Cashflows für die Aktionäre generiert. Das Unternehmen, das seit seiner Gründung 108 Milliarden US-Dollar an Kapital eingesetzt hat und ein Portfolio von 27,5 Milliarden US-Dollar in Schuld- und Eigenkapitalinvestitionen verwaltet, sieht diese Akquisition als strategische Ergänzung, die ihre bestehenden Stärken im Net-Lease-Bereich nutzt.
BofA Securities fungierte als alleiniger Finanzberater von STWD, während Wells Fargo, Evercore und Stephens Brookfield Asset Management bei der Transaktion berieten.
- None.
- $2.2 billion acquisition cost represents significant capital deployment
- Integration risks and execution challenges in combining operations
- Potential impact on financial flexibility due to transaction size
Insights
Starwood Property Trust's $2.2B acquisition of Fundamental Income adds net lease platform, diversifying revenue and expanding operational capabilities.
Starwood Property Trust has completed its $2.2 billion acquisition of Fundamental Income Properties from Brookfield Asset Management, representing a significant strategic expansion. This transaction introduces net lease real estate as another "business cylinder" for Starwood, complementing its existing operations in real estate and infrastructure finance.
The acquisition brings immediate tangible benefits: Starwood gains a fully integrated operating platform specialized in net lease properties, which typically generate steady, long-term cash flows through long-duration leases where tenants handle most property expenses. This structure should provide stable and predictable revenue streams that align with Starwood's dividend-focused shareholder return model.
This strategic move demonstrates Starwood's commitment to diversification within real estate-adjacent sectors. The company is already substantial with $108 billion of capital deployed since inception and a current portfolio of $27.5 billion across debt and equity investments. The acquisition leverages Starwood's existing expertise while adding new capabilities through Fundamental's specialized team and infrastructure.
For investors, this acquisition signals Starwood's evolution beyond traditional mortgage REIT activities into a more diversified real estate platform. The transaction should enhance Starwood's ability to generate consistent returns through market cycles by reducing reliance on any single business segment. Barry Sternlicht's comment that this marks "the next evolution—though not the last—in our strategic growth" suggests additional strategic initiatives may follow as the company continues expanding its operational footprint.
"We are pleased to announce the completion of our acquisition of Fundamental which should provide a stable, reliable, and growing cash flow stream for our shareholders," said Barry Sternlicht, Chairman and CEO of Starwood Property Trust. "With the addition of another business cylinder, we are expanding into a proven, scalable segment that aligns closely with our platform and leverages our existing strengths. The acquisition of Fundamental marks the next evolution—though not the last—in our strategic growth. The quality of their team, strong structuring capabilities, and deep credit focus are an excellent cultural and operational fit with Starwood. We are equally excited about the opportunity to grow in the net lease space, where we already have deep experience, by combining our expertise with Fundamental's infrastructure and scale. We are thrilled to welcome the Fundamental team to the Starwood family."
Advisors
BofA Securities served as sole financial advisor to Starwood Property Trust.
Wells Fargo, Evercore and Stephens served as financial advisors to Brookfield Asset Management.
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
Disclaimer and Forward-Looking Statements
The estimated financial results contained in this press release are preliminary, and final results for the three months ended June 30, 2025 may change. These preliminary results are based upon our estimates and are subject to completion of our quarterly financial closing procedures. In addition, these preliminary results have not been reviewed by our independent registered public accounting firm. This summary of recent results is not a comprehensive statement of our financial results for the three months ended June 30, 2025.
Statements in this press release which are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are developed by combining currently available information with our beliefs and assumptions and are generally identified by the words "believe," "expect," "anticipate" and other similar expressions. Although Starwood Property Trust believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, satisfaction or waiver of the conditions precedent to the consummation of the contemplated acquisition of Fundamental, unanticipated difficulties or expenditures relating to, of the failure to realize the benefits of, the contemplated acquisition, including in terms of the acquisition on the Company's future performance, completion of pending investments and financings, continued ability to acquire additional investments, competition within the finance and real estate industries, availability of financing, and other risks detailed under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as well as other risks and uncertainties set forth from time to time in the Company's reports filed with the SEC, including its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025.
In light of these risks and uncertainties, there can be no assurances that the results referred to in the forward-looking statements contained herein will in fact occur. Except to the extent required by applicable law or regulation, we undertake no obligation to, and expressly disclaim any such obligation to, update or revise any forward-looking statements to reflect changed assumptions, the occurrence of anticipated or unanticipated events, changes to future results over time or otherwise.
Contact:
Zachary Tanenbaum
Starwood Property Trust
Phone: 203-422-7788
Email: ztanenbaum@starwood.com
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SOURCE Starwood Property Trust, Inc.
FAQ
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