STWD has been in the news 375% more than usual
Sep 04, 2024, 8:32 AM
-3.38%
What does STWD do
Starwood Property Trust, headquartered in Greenwich, Connecticut, specializes in commercial mortgage loans and real estate investments, employing 293 staff since its IPO in 2009. Its segments encompass Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing.
STWD has been in the news recently: Starwood Property Trust, Inc. is offering 17,500,000 shares of common stock, potentially raising approximately $345.1 million for investments and debt repayment. Additionally, Starwood Capital Group LLC has agreed to acquire Balanced Commercial Property Trust for £673.5 million, which equates to 96 pence per share.
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