Starwood Property Trust: 5-Star REIT With A Billionaire Backer

Summary

  • Starwood Property Trust is classified as a mortgage REIT but is better described as a hybrid REIT that owns mortgages, physical real estate, and real estate securities.
  • STWD stock regained our attention after falling from over $26 per share to nearly $22 recently. The already attractive yield is once again above 8%.
  • After releasing Q3 earnings and announcing an equity share issuance, it's time to revisit STWD and reassess its cash flow, dividend, and valuation.
  • Looking for more investing ideas like this one? Get them exclusively at iREIT on Alpha. Learn More »

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This article was co-produced with Williams Equity Research ("WER")

According to Forbes, Barry Sternlicht runs Starwood Capital Group, a private equity firm that specializes in real estate investments (one of the world's biggest real estate investors).

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This article was written by

119.51K Followers

Brad Thomas has over 30 years of real estate investing experience and has acquired, developed, or brokered over $1B in commercial real estate transactions. He has been featured in Barron's, Bloomberg, Fox Business, and many other media outlets. He's the author of four books, including the latest, REITs For Dummies.

Brad, along with HOYA Capital, lead the investing group iREIT®+HOYA Capital. The service covers REITs, BDCs, MLPs, Preferreds, and other income-oriented alternatives. The team of analysts has a combined 100+ years of experience and includes a former hedge fund manager, due diligence officer, portfolio manager, PhD, military veteran, and advisor to a former U.S. President.

Note: Brad is also related to Nicholas Thomas who contributes to Seeking Alpha.

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of STWD, O, HASI, WPC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

WER has a beneficial long position in the shares of O, WPC, STWD, HASI either through stock ownership, options, or other derivatives.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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