Starwood REIT’s August 2020 Rent Collections Update
September 2, 2020
As of August 30, 2020, Starwood Real Estate Income Trust, Inc. has collected 96% of rent across all asset classes which continues to demonstrate that there has been no significant impact on the Company’s collections during the COVID-19 pandemic to date. Here is the breakdown by asset class:
• Multifamily (42% of AUM) is 94% collected
• Office (30% of AUM) is 99% collected
• Industrial (8% of AUM) is 99% collected
• Medical Office (5% of AUM) is 90% collected
Finally, hotel (5% of AUM) performance has remained consistent as occupancy for the month of August 2020 is 42%.
August 2020 Distributions
On August 31, 2020, the Company declared distributions for each class of its common stock in the amount per share set forth below:
Source: SEC
