Raymond James & Associates grew its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD – Free Report) by 3.3% during the fourth quarter, HoldingsChannel reports. The firm owned 1,249,527 shares of the real estate investment trust’s stock after purchasing an additional 39,711 shares during the quarter. Raymond James & Associates’ holdings in Starwood Property
The specialized lenders known as mortgage real estate investment trusts have a prominent spot on the injured list of players in commercial real estate. Since rising rates started to weigh on real estate borrowers in early 2022, shares of two mortgage REITs— Starwood Property Trust and Blackstone Mortgage Trust —have fallen 15% and 35%, respectively.
Whittier Trust Co. of Nevada Inc. bought a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,500 shares of the real estate investment trust’s stock, valued
The year-end reports have come in from a cadre of lenders who hold loans on some of the more troubled kinds of commercial real estate. The December quarter wasn’t easy for mortgage real estate investment trusts like Starwood Property Trust and Blackstone Mortgage Trust . Earnings calls among the dozen or so members of this