GREENWICH, Conn., Jan. 3, 2012 /PRNewswire/ -- Starwood Property Trust (NYSE: STWD) today announced that during the quarter ended December 31, 2011 the Company completed $570 million of new investments in four separate transactions, resulting in an investment portfolio with a book value at quarter end currently estimated to be in excess of $2.8 billion. Two significant transactions that closed late in the quarter include the discounted acquisition from a top tier international bank of a portfolio of 26 separate commercial mortgage loans with a face value of $333 million and the acquisition of a $185 million A-note secured by a portfolio of 143 limited service hotels.
Starwood Property Trust Completes $570 Million Of Investments In The Fourth Quarter 2011
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.