Starwood - Blue Vault

Starwood

January 25, 2024

How Stockholder Servicing Fees Affect NTR Distributions

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January 25, 2024

NAVs of Continuously Offered NTRs Drop in December

The distributions paid by the group were sufficient to overcome the large drops in NAVs for the year for only three NTRs.

December 28, 2023

Higher Interest Rates Hit Nontraded REIT Fundraising and Valuations

“The industry is well positioned to meet redemptions up to the 5% quarterly cap with sufficient liquidity sleeves on the balance sheets to fund redemptions."

November 9, 2023

Starwood Property Trust Reports Results for Quarter Ended September 30, 2023

Starwood Property Trust, Inc. – Quarterly GAAP Earnings of $0.15 and Distributable Earnings (DE) of $0.49 per Diluted Share – Undepreciated Book Value Per Share of $21.15 – Originated or Acquired $652 Million of Assets in the Quarter and $1.5 Billion Year-To-Date – Received Repayments of $1.1 Billion in the Quarter and $2.9 Billion Year-To-Date …

November 1, 2023

The Trends in NTR Capital Raise from Q1 2023 to Q2 2023

The contrast between capital raised by nontraded REITs in the first quarter of 2023 and the second quarter of the year is marked significantly by the injection of capital by the University of California Board of Regents...

August 2, 2023

Barry Sternlicht: ‘Category 5 Hurricane’ Has Come For Commercial Real Estate

New distress opportunities are emerging for commercial real estate players able to weather the current storm, but buyers may need to be able to endure the current fiscal difficulties for longer than some expect, billionaire commercial real estate executive Barry Sternlicht said...

July 27, 2023

June 2023 Reported Nontraded REIT Sales Down 11.3% from May 2023

Blue Vault received June 2023 sales totals for ten nontraded REIT program offerings as of July 19, 2023. Sales reported by those ten NTRs totaled $176.0 million, down 11.3% from $198.4 million in May for the same ten NTRs, and down 72% Y-O-Y from the $630.7 million in sales in June 2022. FS Credit Real…

July 24, 2023

New REITs Proliferate in Anticipation of Further Decline in Property Values

Four major investment firms have taken steps this month to set up nontraded real estate investment trusts so they can swoop in when property values finally adjust to a new economic reality of significantly reduced prices. The filings with the Securities and Exchange Commission by Sculptor Capital Management, ExchangeRight, EQT Exeter and Invesco Real Estate...

July 3, 2023

Invitation Homes Nears a Deal for 2,000 Starwood Rentals

Starwood Capital Group is nearing an agreement to sell a portfolio of rental houses to Invitation Homes Inc., according to people familiar with the matter...