Starwood Property Trust Property Segment — VIE liabilities increased by 3.9% to $2.05B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 314.7%, from $494.29M to $2.05B. Over 4 years (FY 2021 to FY 2025), Property Segment — VIE liabilities shows a downward trend with a -7.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Increasing liabilities relative to assets may signal higher financial leverage within the segment's structured entities.
The total value of liabilities associated with Variable Interest Entities (VIEs) that are consolidated within the proper...
Standard accounting disclosure for REITs utilizing consolidated structures.
stwd_segment_property_segment_vie_liabilities| 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 | $1.92B | $1.92B | $802.15M | $799.48M | $798.72M | $801.24M | $801.44M | $803.90M | $804.34M | $804.19M | $804.27M | $609.58M | $489.19M | $491.72M | $492.96M | $494.29M | $494.57M | $1.88B | $1.97B | $2.05B |
| QoQ Change | — | +0.2% | -58.3% | -0.3% | -0.1% | +0.3% | +0.0% | +0.3% | +0.1% | -0.0% | +0.0% | -24.2% | -19.7% | +0.5% | +0.3% | +0.3% | +0.1% | +280.1% | +4.9% | +3.9% |
| YoY Change | — | — | — | — | -58.3% | -58.3% | -0.1% | +0.6% | +0.7% | +0.4% | +0.4% | -24.2% | -39.2% | -38.9% | -38.7% | -18.9% | +1.1% | +282.3% | +300.1% | +314.7% |