Starwood Capital Group on Tuesday announced the closings of its latest private credit-focused vehicles: Starwood Real Estate Debt Strategies U.S., Starwood European Real Estate Debt Finance II and Starwood Australian Real Estate Debt Finance Trust I. With related co-investment vehicles, the closings represent total capital commitments of $2.86 billion.
“We’re incredibly excited to leverage our team’s expertise and continue building on Starwood Capital’s longstanding success in real estate credit,” said Barry Sternlicht, chairman and CEO of Starwood Capital. “As traditional lenders pull back in the face of regulatory and macroeconomic headwinds, Starwood Capital’s depth of experience uniquely positions us to provide flexible, high-quality financing solutions at compelling yields through a variety of credit products.”
Starwood Capital operates a fully integrated real estate lending platform, encompassing originations, underwriting, portfolio management, capital markets and legal functions. Through its private investment vehicles and Starwood Property Trust, the company has completed more than $100 billion of lending transactions since 2010.
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