Starwood Property Trust Property Segment — VIE assets increased by 1.7% to $5.07B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 79.3%, from $2.83B to $5.07B. Over 4 years (FY 2021 to FY 2025), Property Segment — VIE assets shows an upward trend with a 16.9% CAGR.
High levels of VIE assets indicate significant reliance on structured finance or partnership vehicles for property ownership.
The total value of assets held by Variable Interest Entities (VIEs) that are consolidated within the property segment. T...
Standard accounting disclosure for REITs utilizing consolidated structures.
stwd_segment_property_segment_vie_assets| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.10B | $2.08B | $2.02B | $2.26B | $2.56B | $2.68B | $2.74B | $2.74B | $2.95B | $2.95B | $2.96B | $2.68B | $2.78B | $2.76B | $2.83B | $2.83B | $2.82B | $4.92B | $4.99B | $5.07B |
| QoQ Change | — | -1.1% | -2.9% | +11.7% | +13.4% | +4.7% | +2.4% | -0.1% | +7.7% | +0.0% | +0.4% | -9.5% | +3.5% | -0.7% | +2.7% | -0.1% | -0.3% | +74.5% | +1.4% | +1.7% |
| YoY Change | — | — | — | — | +21.7% | +28.7% | +35.8% | +21.4% | +15.2% | +10.1% | +8.0% | -2.1% | -6.0% | -6.6% | -4.5% | +5.4% | +1.5% | +78.4% | +76.1% | +79.3% |