Nov 6, 6:56 AM ET
Starwood Property Trust reported a third-quarter GAAP net loss of $389.7 million, alongside Distributable Earnings of $116.8 million, or $0.31 per diluted share. The company invested $3.2 billion during the quarter and repurchased $108 million of its common shares.
- GAAP net loss of $389.7 million for the third quarter ended September 30, 2026, including a $336.6 million credit loss provision.
- Distributable Earnings of $116.8 million, or $0.31 per diluted share.
- Invested $3.2 billion in the quarter, bringing the commercial lending portfolio to a record $17.8 billion.
- Repurchased $108 million of common shares and declared a dividend of $0.48 per share.
Read the filing on SEC.gov ↗
Aug 12, 9:28 PM ET
Starwood Property Trust appointed its President, Jeffrey F. DiModica, to its Board of Directors effective August 10, 2026, and he will also sit on the Board's Investment Committee. Director Jeffrey G. Dishner resigned from the Board and its Investment Committee the same day, stating no disagreement with the company, after serving since the company's inception in 2009.
- Jeffrey F. DiModica, age 59, President of the company since 2014, appointed to the Board effective August 10, 2026
- DiModica will not receive compensation for Board service and is not considered independent
- Jeffrey G. Dishner resigned from the Board and Investment Committee effective August 10, 2026, with 17 years of service and no disagreement with the company
Read the filing on SEC.gov ↗
Aug 6, 6:56 AM ET
Starwood Property Trust reported second-quarter 2026 GAAP net income of $6.6 million, or $0.01 per diluted share, and Distributable Earnings of $151.5 million, or $0.40 per diluted share. The company said it invested $2.5 billion in the quarter and total assets reached a record $31.8 billion, but the filing's $0.40 distributable earnings per share is below the $0.48 per-share dividend it declared.
- Q2 2026 GAAP net income attributable to the company was $6.6 million, or $0.01 per diluted share.
- Distributable Earnings were $151.5 million, or $0.40 per diluted share; six-month Distributable Earnings were $298.8 million, or $0.78 per share.
- The company invested $2.5 billion in the quarter and $6.7 billion through July, and declared a dividend of $0.48 per share.
- Repurchased $30 million of common shares in the six months ended June 30, 2026.
Read the filing on SEC.gov ↗
Jul 10, 4:37 PM ET
Starwood Property Trust closed a private offering of $500 million in 5.875% unsecured senior notes due August 15, 2029, under an indenture with The Bank of New York Mellon as trustee. The company intends to use net proceeds, with cash on hand, to redeem its $500 million of 4.375% Senior Notes due 2027 or for general corporate purposes, including repaying repurchase facility debt.
- Notes: $500 million principal, 5.875% annual interest, maturing August 15, 2029, with semi-annual interest payments starting February 15, 2027
- Proceeds may be used to redeem up to all of the $500 million of 4.375% Senior Notes due 2027, or for general corporate purposes, or to finance eligible green and/or social projects
- Notes are unsecured, rank equally with existing senior unsecured debt, and are not guaranteed by subsidiaries at issuance
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
