STARWOOD PROPERTY TRUST, INC. Starwood Property Trust Inc. (STWD)
19.35
+0.02 (0.10%)
Starwood Property Trust is a leading real estate investment trust (REIT) that primarily focuses on commercial mortgage lending, property investments, and the acquisition of real estate-related debt
The company specializes in originating, acquiring, financing, and managing a diversified portfolio of real estate assets across various sectors, including hotel, multifamily, office, and industrial properties. Starwood Property Trust leverages its extensive industry expertise and relationships to create value for investors while maintaining a commitment to investing in high-quality properties and providing liquidity to the real estate market.
Pacific Retail Capital Partners (“PRCP” or the “Company”), one of the nation's premier retail operating groups, today announced that together with its joint venture partners, Starwood Property Trust (“Starwood”) and Taconic Capital Advisors LP (“Taconic”), it has acquired Kings’ Shops located in Waikoloa, Hawaii. The acquisition of the nearly 70,000 square foot luxury resort retail destination marks the second asset in PRCP’s portfolio in Hawaii. The Company also manages Queen Kaʻahumanu Center in Maui and has been actively involved in shaping the future of that property to solidify its position as one of the most vibrant and exciting family-friendly retail destinations on the island.
Until a few years ago, non-traded REITs were, along with some other sketchy investments, the red-headed step child of the investment world. They were often riddled with fraud and have been a consistent source of complaints to FINRA and the SEC.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
