Starwood Real Estate Income Trust, Inc. (SWDR) reported that director Peggy Lamb acquired 6,956 Class I Common Shares on 2026-08-19 through a grant/award transaction. Following this acquisition, she holds a total of 42,249 Class I Common Shares, including shares acquired through the company’s Distribution Reinvestment Plan.
Starwood Real Estate Income Trust, Inc. (SWDR) reported that director Henry David acquired 6,956 Class I Common Shares on 2026-08-19 through a grant/award transaction. A footnote states this total includes shares acquired through the issuer's Distribution Reinvestment Plan. Following this acquisition, Henry David directly holds 46,307 Class I Common Shares.
Starwood Real Estate Income Trust, Inc. reported that director Barry S. Sternlicht had an indirect acquisition of 343,254 Class I Common Shares on 2026-08-18. The shares were paid to the advisor as management fees under the advisory agreement and are held indirectly through Starwood REIT Advisors L.L.C. and Starwood Real Estate Income Holdings, L.P. Following this award, 7,321,627 reportable securities are held indirectly (including shares acquired via the Distribution Reinvestment Plan), and 4,405,396 reportable securities are owned by Mr. Sternlicht personally.
Starwood Real Estate Income Trust reports aggregate NAV of $7.96 billion as of July 31, 2026, supporting September 1 transaction prices per share of $19.58 (Class S), $19.59 (Class T), $19.17 (Class D) and $19.41 (Class I), each equal to its July 31 NAV per share. Total assets were $18.6 billion and mortgage, secured and related property debt totaled $12.08 billion at June 30, 2026, plus $1.55 billion drawn on the unsecured line of credit and $572.4 million of repo financing on the Australian term loan.
For the first half of 2026, the trust generated $790.2 million of revenue and a net loss attributable to stockholders of $257.1 million, or $(0.66) per share, while operating cash flow was positive at $160.3 million. No real estate impairments were recorded, and the portfolio comprised 402 properties, 877 single-family rentals, two unconsolidated ventures and one large term loan ($948.8 million fair value).
The continuous public offering authorizes up to $10.0 billion of common stock; to date it has raised about $5.3 million in the primary and $50.9 million via the DRIP in this series. July 2026 repurchases of $4.2 million fully met requests tied to death/disability and small accounts. The supplement also updates key-person definitions for potential Early Repurchase Deduction waivers and notes board and committee changes at the Advisor.
Starwood Real Estate Income Trust, Inc. reports that its 2026 annual meeting of stockholders on August 11, 2026 was convened but then adjourned because there were not enough stockholders present in person or by proxy to constitute a quorum. As a result, stockholders did not vote on electing director nominees for the coming year or on ratifying Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026.
Under Maryland law, each incumbent director will continue to serve as a holdover director until a successor is duly elected and qualifies. The company states that stockholder ratification is not required for Deloitte & Touche LLP to serve as auditor, and they will continue in that role at the direction of the audit committee.
Starwood Real Estate Income Trust, Inc. submitted Post-Effective Amendment No. 4 to its Registration Statement on Form S-11 (Registration No. 333-288705) under Rule 462(d). The amendment is filed solely to add previously unfiled exhibits related to its advisory and operating partnership agreements.
The added exhibits, incorporated by reference from a Quarterly Report on Form 10-Q, are a Third Amended and Restated Advisory Agreement among the REIT, its operating partnership, and Starwood REIT Advisors, L.L.C., and a Second Amended and Restated Limited Partnership Agreement of Starwood REIT Operating Partnership, L.P. The amendment is executed on behalf of the company by Chief Executive Officer, President and Director Nora Creedon and other senior officers and directors.
Starwood Real Estate Income Trust, Inc. is a Maryland REIT focused on stabilized, income-oriented commercial real estate and real estate debt, primarily in the U.S. with additional exposure in Europe. As of June 30, 2026, total assets were $18.6 billion, including $16.6 billion of investments in real estate, net, and a Level 3 investment in real estate debt at fair value of $948.8 million. The portfolio comprised 402 consolidated properties, 877 single-family rental units, two unconsolidated ventures and one real estate debt investment.
For the six months ended June 30, 2026, total revenues were $790.2 million, with rental revenue of $775.7 million. The company reported a net loss attributable to stockholders of $257.1 million, or $0.66 per share, and comprehensive loss of $284.6 million. Operating cash flow was positive at $160.3 million, while financing cash flow reflected common stock repurchases of $185.5 million and cash distributions of $158.5 million. Total liabilities were $14.8 billion, including $12.0 billion of mortgage notes and secured credit facilities and a $1.55 billion unsecured line of credit; total equity declined to $3.42 billion from $3.97 billion at year-end 2025.
Starwood Real Estate Income Trust, Inc. formed a joint venture with funds managed by Apollo Global Management to own, operate and manage a portfolio of approximately 120 U.S. affordable housing properties. Apollo invested $1.02 billion for Class B units representing 41.5% of the joint venture’s equity, while Starwood holds Class A units representing 58.5% and retains full asset management responsibility and operational control. Starwood will consolidate the joint venture and classify Apollo’s stake as a redeemable noncontrolling interest, with no gain or loss at formation. Proceeds are designated to repay a significant portion of Starwood’s credit facility, reducing interest expense and improving operating cash flow.
Starwood guarantees Apollo a minimum annual yield on its investment, which increases over time, and is responsible for related payments. Starwood holds a call option to redeem Apollo’s interest; if exercised between the fifth and 10th anniversaries, the price is set to deliver a capped 7% internal rate of return to Apollo. A new risk factor explains that failing to exercise the buyout option around the fifth anniversary can trigger growing minimum yield, make-whole and other contingent payment obligations, potentially requiring cash payments even when portfolio cash flow is insufficient and, if unmet, could grant Apollo certain governance rights and materially affect liquidity, financial condition and distributions.
Starwood Real Estate Income Trust, Inc. formed a Delaware joint venture with funds managed by Apollo Global Management to own, operate and manage approximately 120 U.S. affordable housing properties. Apollo made a $1.02 billion high-grade investment for Class B Common Units representing 41.5% of the equity. Starwood holds Class A Common Units representing 58.5%, retains full asset management responsibility and operational control, and will consolidate the joint venture, recording Apollo’s stake as a redeemable noncontrolling interest with no gain or loss recognized.
Proceeds will be used to repay a significant portion of Starwood’s credit facility, which the company states will immediately reduce interest expense and improve operating cash flow. Starwood must distribute a portion of available portfolio cash to Apollo and guarantees Apollo an annual minimum yield on its investment, which increases over time and is the company’s responsibility. The joint venture is investment-grade rated. Starwood also has a call option to redeem Apollo’s interest; if exercised between the fifth and 10th anniversary of the August 3, 2026 closing, the call price will be set to provide Apollo a capped 7% internal rate of return, and the company notes that additional financial obligations apply the longer Apollo remains invested.
Starwood Real Estate Income Trust, Inc. declared July 2026 cash distributions on all classes of common stock, with a gross distribution of $0.0770 per share for Class I, Class D, Class T and Class S shares.
After stockholder servicing fees, the net distribution per share is $0.0770 for Class I, $0.0729 for Class D, and $0.0628 for both Class T and Class S. The distributions are payable to stockholders of record as of the close of business on July 31, 2026 and will be paid on or about August 5, 2026 in cash or through the company’s distribution reinvestment plan.