Starwood Property Trust is a real estate finance company that trades on the New York Stock Exchange under ticker symbol STWD. Founded in August 2009, the firm went public during the Great Recession as the largest blind pool company ever listed on the exchange. The company operates as an affiliate of Starwood Capital Group and has deployed over $115 billion of capital since inception across a current portfolio valued at over $30 billion. The company operates through four business segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing & Servicing. Its Commercial and Residential Lending segment offers first mortgages, subordinate debt, mezzanine loans, B-notes and preferred equity. The Investing & Servicing segment includes LNR Partners, acquired in 2013, which operates as one of the largest commercial mortgage special servicers in the United States. In 2016, the firm launched its Residential Lending platform focused on non-agency residential mortgage loans, investing $13.5 billion in this space. The Infrastructure Lending segment was established in 2018 through the acquisition of GE's Energy Project Finance debt business and a $2.5 billion portfolio. In July 2025, Starwood Property Trust announced the acquisition of Fundamental Income Properties for approximately $2.2 billion,