Business Segments · VIE liabilities

Commercial and Residential Lending Segment — VIE liabilities

Starwood Property Trust Commercial and Residential Lending Segment — VIE liabilities increased by 8.0% to $11.99B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.8%, from $11.23B to $11.99B. Over 4 years (FY 2021 to FY 2025), Commercial and Residential Lending Segment — VIE liabilities shows an upward trend with a 6.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2017
Last reportedQ1 2026May 8, 2026

How to read this metric

An increase indicates higher structural leverage through off-balance-sheet-style vehicles that have been brought onto the balance sheet.

Detailed definition

The total nominal or carrying amount of liabilities related to Variable Interest Entities (VIEs) consolidated by the len...

Peer comparison

Comparable to 'Consolidated VIE Debt' reported by other mortgage REITs.

Metric ID: stwd_segment_commercial_and_residential_lending_segment_vie_liabilities

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$7.82B$9.49B$11.38B$11.39B$13.12B$13.54B$13.84B$14.13B$13.83B$12.96B$13.20B$11.61B$11.43B$11.07B$10.13B$11.23B$11.69B$11.67B$11.10B$11.99B
QoQ Change+21.3%+19.9%+0.1%+15.1%+3.2%+2.2%+2.1%-2.1%-6.3%+1.9%-12.1%-1.5%-3.2%-8.5%+10.8%+4.2%-0.2%-4.9%+8.0%
YoY Change+67.7%+42.7%+21.6%+24.0%+5.5%-4.3%-4.6%-17.9%-17.4%-14.6%-23.3%-3.3%+2.3%+5.4%+9.5%+6.8%
Range$7.82B$14.13B
CAGR+9.4%
Avg YoY Growth+6.3%
Median YoY Growth+3.9%

Frequently Asked Questions

What is Starwood Property Trust's commercial and residential lending segment — vie liabilities?
Starwood Property Trust (STWD) reported commercial and residential lending segment — vie liabilities of $11.99B in Q1 2026.
How has Starwood Property Trust's commercial and residential lending segment — vie liabilities changed year-over-year?
Starwood Property Trust's commercial and residential lending segment — vie liabilities increased by 6.8% year-over-year, from $11.23B to $11.99B.
What is the long-term trend for Starwood Property Trust's commercial and residential lending segment — vie liabilities?
Over 4 years (2021 to 2025), Starwood Property Trust's commercial and residential lending segment — vie liabilities has grown at a 6.0% compound annual growth rate (CAGR), from $36.19B to $45.69B.
What does commercial and residential lending segment — vie liabilities mean?
The total contractual debt obligations of consolidated entities controlled by the lending segment.