# STARWOOD PROPERTY TRUST, INC.

Summary updated: 2026-10-02T16:29:05.200404Z
Canonical: https://finbar.com/research/companies/starwood-property-trust-inc

## Overview

Starwood Property Trust, Inc. is a publicly traded mortgage REIT and diversified real-estate finance company. It originates and acquires real-estate debt and related investments, including commercial mortgage loans, mezzanine debt, preferred equity and mortgage-backed securities. Its four business segments are Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing. [1](https://app.finbar.com/go?id=P21901421)[2](https://app.finbar.com/go?id=P5345860) Its investments are primarily backed by assets in the United States, Europe and Australia. [1](https://app.finbar.com/go?id=P21901421)

The company’s stated investment objective is to generate attractive, stable shareholder returns, primarily through dividends, while making risk-adjusted investments. [3](https://ir.starwoodpropertytrust.com/news/press-release-details/2026/Starwood-Property-Trust-Announces-0-48-Per-Share-Dividend-for-Second-Quarter-2026/default.aspx) For the year ended December 31, 2025, it reported $1.844 billion in revenue and had 324 full-time employees at year-end. [4](https://app.finbar.com/go?id=T8196106)[5](https://app.finbar.com/go?id=P7607818)
[1](https://app.finbar.com/go?id=P21901421)[2](https://app.finbar.com/go?id=P5345860)[4](https://app.finbar.com/go?id=T8196106)[5](https://app.finbar.com/go?id=P7607818)[3](https://ir.starwoodpropertytrust.com/news/press-release-details/2026/Starwood-Property-Trust-Announces-0-48-Per-Share-Dividend-for-Second-Quarter-2026/default.aspx)

## Products & services

Starwood Property Trust’s products are primarily real-estate and infrastructure financing. Its commercial real estate lending includes first-mortgage and bridge loans, mezzanine and subordinate debt, and preferred equity; residential lending is also included in its combined Commercial and Residential Lending business. [6](https://www.starwoodpropertytrust.com/our-businesses/commercial-lending/)[7](https://www.starwoodpropertytrust.com/team-grid/residential-lending/)[2](https://app.finbar.com/go?id=P5345860) Infrastructure financing includes project-finance loans and other debt for power, energy, and infrastructure projects; project loans are generally supported by project cash flows and collateral in project assets and rights. [8](https://www.starwoodpropertytrust.com/our-businesses/infrastructure-lending/)[9](https://app.finbar.com/go?id=P99071652)

The company also invests in stabilized real estate, including multifamily and affordable-housing properties, and in commercial real estate debt and commercial mortgage-backed securities. Its servicing offering includes special servicing of commercial mortgage-loan pools, for which fees are generally tied to the outstanding balance of loans under special servicing. [10](https://www.starwoodpropertytrust.com/our-businesses/property-investing/)[11](https://www.starwoodpropertytrust.com/our-businesses/investing-and-servicing/)[12](https://app.finbar.com/go?id=P36972865) At year-end 2025, its commercial loans held for investment included first mortgages, mezzanine loans, and other loan types; weighted-average coupons were 7.0% for commercial first mortgages and 10.8% for mezzanine loans. These describe the portfolio, not fixed terms offered on every loan. [13](https://app.finbar.com/go?id=T2089858)
[2](https://app.finbar.com/go?id=P5345860)[9](https://app.finbar.com/go?id=P99071652)[12](https://app.finbar.com/go?id=P36972865)[13](https://app.finbar.com/go?id=T2089858)[13](https://app.finbar.com/go?id=T2089858)[6](https://www.starwoodpropertytrust.com/our-businesses/commercial-lending/)[7](https://www.starwoodpropertytrust.com/team-grid/residential-lending/)[8](https://www.starwoodpropertytrust.com/our-businesses/infrastructure-lending/)[10](https://www.starwoodpropertytrust.com/our-businesses/property-investing/)[11](https://www.starwoodpropertytrust.com/our-businesses/investing-and-servicing/)

## Geographic presence

Starwood Property Trust’s collateral exposure is primarily in the United States, Europe, and Australia. Its mortgage-loan schedule identifies U.S. regional exposures including the Northeast, Southeast, Southwest, Midwest, Mid-Atlantic, and West, alongside international loans. The schedule also reports an Australia mortgage with a face amount of $918.734 million and a carrying amount of $911.541 million at December 31, 2025; these figures are an individual exposure, not a complete regional allocation. [1](https://app.finbar.com/go?id=P21901421)[14](https://app.finbar.com/go?id=T7016238)

The company does not report consolidated revenue or portfolio percentages by geography, and it does not provide employee counts by office or region. Its filing lists 324 full-time employees at operating subsidiaries at year-end 2025, with a majority of real-estate professionals located throughout the United States. The corporate headquarters is in Miami Beach, Florida. [15](https://app.finbar.com/go?id=P94941033)[5](https://app.finbar.com/go?id=P7607818)[16](https://app.finbar.com/go?id=P42486840)
[1](https://app.finbar.com/go?id=P21901421)[14](https://app.finbar.com/go?id=T7016238)[14](https://app.finbar.com/go?id=T7016238)[15](https://app.finbar.com/go?id=P94941033)[5](https://app.finbar.com/go?id=P7607818)[16](https://app.finbar.com/go?id=P42486840)

## Business segments

Starwood Property Trust reports four business segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing.[2](https://app.finbar.com/go?id=P5345860) In the first half of 2026, their respective shares of combined segment revenue were approximately 64.4%, 12.0%, 11.4%, and 12.1%; for full-year 2025, the respective shares were approximately 67.2%, 13.8%, 6.8%, and 12.2%. These approximate percentages are calculated from the four segments’ reported revenues, before corporate items and securitization-VIE eliminations.[17](https://app.finbar.com/go?id=P147557823)[18](https://app.finbar.com/go?id=P25590551)

Commercial and Residential Lending focuses on commercial real estate and residential lending.[6](https://www.starwoodpropertytrust.com/our-businesses/commercial-lending/) Infrastructure Lending finances infrastructure projects.[8](https://www.starwoodpropertytrust.com/our-businesses/infrastructure-lending/) The Property segment covers direct property investment and ownership.[10](https://www.starwoodpropertytrust.com/our-businesses/property-investing/) Investing and Servicing encompasses commercial real estate debt investing and related investing and servicing activities.[11](https://www.starwoodpropertytrust.com/our-businesses/investing-and-servicing/) The revenue shares above indicate that lending—particularly Commercial and Residential Lending—accounted for the largest portion of segment revenue in both periods.[17](https://app.finbar.com/go?id=P147557823)[18](https://app.finbar.com/go?id=P25590551)
[2](https://app.finbar.com/go?id=P5345860)[17](https://app.finbar.com/go?id=P147557823)[18](https://app.finbar.com/go?id=P25590551)[6](https://www.starwoodpropertytrust.com/our-businesses/commercial-lending/)[8](https://www.starwoodpropertytrust.com/our-businesses/infrastructure-lending/)[10](https://www.starwoodpropertytrust.com/our-businesses/property-investing/)[11](https://www.starwoodpropertytrust.com/our-businesses/investing-and-servicing/)

## Company history

Starwood Property Trust began operations after completing its IPO in August 2009, having been established by Starwood Capital Group during the global financial crisis. [19](https://app.finbar.com/go?id=P190025215) [20](https://www.starwoodpropertytrust.com/our-company/)

In April 2013, the company acquired LNR for $730.5 million, adding real-estate special servicing and related asset-management activities. [21](https://app.finbar.com/go?id=P190026478) [22](https://app.finbar.com/go?id=P190025670) In January 2014, it spun off its single-family-rental business as Starwood Waypoint Residential Trust. [23](https://app.finbar.com/go?id=P190026496)

The company expanded beyond commercial real-estate lending by entering residential mortgage lending in 2016 and infrastructure lending in 2018, including through its acquisition of GE’s Energy Project Finance business. [20](https://www.starwoodpropertytrust.com/our-company/) [24](https://app.finbar.com/go?id=P122402764) In July 2025, it completed its approximately $2.2 billion acquisition of Fundamental Income Properties, expanding into net-lease real estate. [25](https://ir.starwoodpropertytrust.com/news/press-release-details/2025/Starwood-Property-Trust-Closes-Acquisition-of-Fundamental-Income/default.aspx)
[19](https://app.finbar.com/go?id=P190025215)[20](https://www.starwoodpropertytrust.com/our-company/)[21](https://app.finbar.com/go?id=P190026478)[22](https://app.finbar.com/go?id=P190025670)[23](https://app.finbar.com/go?id=P190026496)[24](https://app.finbar.com/go?id=P122402764)[25](https://ir.starwoodpropertytrust.com/news/press-release-details/2025/Starwood-Property-Trust-Closes-Acquisition-of-Fundamental-Income/default.aspx)[20](https://www.starwoodpropertytrust.com/our-company/)[25](https://ir.starwoodpropertytrust.com/news/press-release-details/2025/Starwood-Property-Trust-Closes-Acquisition-of-Fundamental-Income/default.aspx)

## Sources

1. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P21901421)
2. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P5345860)
3. [ir.starwoodpropertytrust.com](https://ir.starwoodpropertytrust.com/news/press-release-details/2026/Starwood-Property-Trust-Announces-0-48-Per-Share-Dividend-for-Second-Quarter-2026/default.aspx)
4. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=T8196106)
5. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P7607818)
6. [www.starwoodpropertytrust.com](https://www.starwoodpropertytrust.com/our-businesses/commercial-lending/)
7. [www.starwoodpropertytrust.com](https://www.starwoodpropertytrust.com/team-grid/residential-lending/)
8. [www.starwoodpropertytrust.com](https://www.starwoodpropertytrust.com/our-businesses/infrastructure-lending/)
9. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P99071652)
10. [www.starwoodpropertytrust.com](https://www.starwoodpropertytrust.com/our-businesses/property-investing/)
11. [www.starwoodpropertytrust.com](https://www.starwoodpropertytrust.com/our-businesses/investing-and-servicing/)
12. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P36972865)
13. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=T2089858)
14. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=T7016238)
15. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P94941033)
16. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P42486840)
17. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P147557823)
18. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P25590551)
19. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2015 Y)](https://app.finbar.com/go?id=P190025215)
20. [www.starwoodpropertytrust.com](https://www.starwoodpropertytrust.com/our-company/)
21. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2015 Y)](https://app.finbar.com/go?id=P190026478)
22. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2015 Y)](https://app.finbar.com/go?id=P190025670)
23. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2015 Y)](https://app.finbar.com/go?id=P190026496)
24. [STARWOOD PROPERTY TRUST, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P122402764)
25. [ir.starwoodpropertytrust.com](https://ir.starwoodpropertytrust.com/news/press-release-details/2025/Starwood-Property-Trust-Closes-Acquisition-of-Fundamental-Income/default.aspx)

AI-generated summary; may contain errors. Not investment advice. Sign up to Finbar to view original document sources and access worldwide fundamental financial data and intelligence.