STWD has been in the news 450% more than usual
Aug 01, 2024, 8:35 PM
6.28%
What does STWD do
Starwood Property Trust, Inc., headquartered in Greenwich, Connecticut, specializes in commercial and residential lending, infrastructure lending, and managing commercial real estate properties and investments. The company, which employs 290 full-time employees and went public in 2009, operates in the United States, Europe, and Australia.
STWD has been in the news recently: ResearchAndMarkets.com forecasts that cybersecurity spending in travel and tourism will increase from $2.3 billion in 2022 to $4.3 billion by 2027. Additionally, MacKenzie Realty Capital, Inc. has initiated a tender offer to purchase 700,000 Class S Shares of Starwood for $17.50 each, amounting to over $12 million.
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