Investment case
Starwood Property Trust, Inc.
STWD · 4 developments mapped · last assessed 2026-09-21
Market Ontology has mapped 4 macro, policy, and market developments to Starwood Property Trust, Inc. since 2026-08-31. Each one is traced from the driver to the valuation assumption it moves, and the valuation below is run on the same engine the subscription uses.
Valuation
No validated run has been published for STWD yet, so no modelled value is shown. The STWD valuation is in the public catch-up queue.
Subscribers do not wait for the weekly cycle: they run STWD on demand, against live prices and the latest filings, and change any assumption the developments below move.
Filed financials
Current case
- Open question
C-IV Asset Management LLC Completes Acquisition of Greystone Servicing Company LLC Special Servicing Division
Indirect market conditions and potential for future asset sales/acquisitions. As a large commercial mortgage REIT, STWD originates and holds CRE debt. The increased capacity in special servicing could affect the market for distressed CRE loans or the efficiency of resolving problem assets.
· Moves credit loss assumptions, yields on new originations, book value stability
What changed, by assumption
- 2026-09-01C-IV Asset Management LLC Completes Acquisition of Greystone Servicing Company LLC Special Servicing Division
- 2026-09-01C-IV Asset Management LLC Acquires Greystone Servicing Company LLC
- 2026-08-31Starwood Real Estate Income Trust, Inc. Declares August 2026 Distributions
- 2026-09-21Argentic Services Company LP Replaces Situs Holdings, LLC as Special Servicer for Morgan Stanley Capital I Trust 2019-L3
Assumption changes
Full ledger →| Date | Assumption | Direction | Why | Conf. |
|---|---|---|---|---|
| 2026-06-25 | Cost of capital | Bearish | IG cost of debt is below blended cost of capital; weighting effect lowers WACC. | 0.70 |
| 2026-06-25 | Interest expense | Bullish | New IG coupon adds to recurring interest expense. | 0.70 |
| 2026-06-25 | Net debt | Bullish | Investment-grade issuance adds gross debt to the balance sheet. | 0.70 |
Event impact log
Full ledger →| Date | Mechanism | Direction | Horizon | Impact |
|---|---|---|---|---|
| 2026-09-21 | Argentic Services Company LP Replaces Situs Holdings, LLC as Special Servicer for Morgan Stanley Capital I Trust 2019-L3 | watch | 3-12m | 0.10 |
| 2026-09-01 | C-IV Asset Management LLC Acquires Greystone Servicing Company LLC | watch | 3-12m | 0.20 |
| 2026-09-01 | C-IV Asset Management LLC Completes Acquisition of Greystone Servicing Company LLC Special Servicing Division | watch | 3-12m | 0.40 |
| 2026-08-31 | Starwood Real Estate Income Trust, Inc. Declares August 2026 Distributions | watch | 1-3m | 0.20 |