Starwood Property Trust
Starwood Property Trust is a leading diversified real estate investment trust (REIT) focused on the origination, acquisition, and management of mortgage loans and other real estate-related debt and equity investments. The company leverages its global scale to provide one-stop lending solutions across commercial, residential, and infrastructure sectors while maintaining a significant portfolio of stabilized property assets. Its core value proposition lies in its ability to deploy capital across the real estate capital structure to generate attractive risk-adjusted returns throughout various economic cycles.
Financials
Based on Q1 2026 filing
Revenue
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Commercial and Residential Lending
primaryThis segment focuses on the origination and management of commercial first mortgages, non-agency residential loans, and subordinated debt. It targets diverse real estate-related debt investments across the U.S., Europe, and Australia.
Commercial First Mortgages, Non-Agency Residential Loans, Mezzanine Loans, Preferred Equity, CMBS, RMBS
Commercial Property Developers, Real Estate Owners, Residential Borrowers
Property Segment
majorAcquires and manages equity interests in stabilized commercial real estate assets. This includes a significant portfolio of net lease properties and multifamily units intended for long-term investment.
Multifamily Properties, Medical Office Buildings, Triple Net Lease Properties
Retail Tenants, Industrial Tenants, Healthcare Providers
Investing and Servicing
majorOperates a specialized platform for managing problem assets and originating conduit loans for securitization. It also selectively acquires CMBS and commercial real estate assets from trusts.
Special Servicing Rights, Conduit Loans, Subordinated CMBS Interests
Securitization Trusts, Institutional Investors, Commercial Loan Borrowers
Infrastructure Lending
moderateEngages in the origination and financing of debt investments specifically for infrastructure projects. The portfolio primarily includes senior secured project finance loans.
Senior Secured Project Finance Loans, Infrastructure Debt Securities
Power Generation Facilities, Midstream Oil and Gas Companies, Upstream Oil and Gas Companies
Business Overview
Competitive Position
One of the largest commercial mortgage REITs in the United States with a global investment mandate and a unique multi-cylinder platform.
Geographies
United States, Europe, Australia
Customer Segments
Real Estate Developers, Institutional Investors, Corporate Borrowers
Upstream Dependencies
Warehouse Credit Facilities, Bank Financing, Public Equity Markets, Debt Capital Markets
Downstream Customers
Real Estate Owner-Operators, Infrastructure Project Developers, Residential Homeowners, CMBS Investors
Competitors & Partners
Competitors
Blackstone Mortgage Trust
BXMT
Direct competitor in commercial mortgage lending
Arbor Realty Trust
ABR
Competitor in multifamily and commercial lending
Apollo Commercial Real Estate Finance
ARI
Direct competitor in real estate debt investments
TPG RE Finance Trust, Inc.
TRTX
Direct competitor in commercial real estate lending and mortgage REITs.
Ladder Capital
LADR
Direct competitor in commercial real estate lending and CMBS
Granite Point Mortgage Trust
GPMT
Direct competitor in commercial real estate lending and debt investments
Franklin BSP Realty Trust
FBRT
Direct competitor in commercial real estate lending and mortgage REIT sector
Claros Mortgage Trust
CMTG
Direct competitor in commercial real estate lending
Lument Finance Trust
LFT
Direct competitor in commercial real estate lending and debt investments
NexPoint Real Estate Finance
NREF
Peer commercial mortgage REIT focused on similar target assets.
KKR Real Estate Finance Trust
KREF
Direct competitor in the commercial real estate mortgage REIT sector.
ACRES Commercial Realty
ACR
Direct competitor in commercial mortgage lending
Seven Hills Realty Trust
SEVN
Publicly traded commercial mortgage REIT competitor.
Ares Commercial Real Estate
ACRE
Direct competitor in commercial real estate lending and debt investments.
Angel Oak Mortgage
AOMR
Diversified mortgage REIT competitor.
Annaly Capital Management
NLY
Peer diversified real estate finance company
Partners
Starwood Capital Group
Affiliate of the company's external manager providing sourcing and expertise
SPT Management, LLC
External manager and advisor
Subsidiaries
LNR Property LLC
Special servicing and investment management platform
Fundamental Income Properties, LLC
Net lease property investment platform
Starwood Property Trust FAQ
Common questions about Starwood Property Trust
Starwood Property Trust is a leading diversified real estate investment trust (REIT) focused on the origination, acquisition, and management of mortgage loans and other real estate-related debt and equity investments. The company leverages its global scale to provide one-stop lending solutions across commercial, residential, and infrastructure sectors while maintaining a significant portfolio of stabilized property assets. Its core value proposition lies in its ability to deploy capital across the real estate capital structure to generate attractive risk-adjusted returns throughout various economic cycles.
Starwood Property Trust (STWD) has a market capitalization of $6.3B and trades on NYSE.
Starwood Property Trust generated $1.9B in trailing twelve-month revenue with net income of $351.2M, representing a net margin of 18.1%. These figures are based on the Q1 2026 filing.
Starwood Property Trust's key competitors include Blackstone Mortgage Trust, Inc., Arbor Realty Trust, Inc., Apollo Commercial Real Estate Finance, Inc., and others. These companies compete in similar markets and product categories.
Starwood Property Trust has approximately 293 employees.