The Real Deal Logo

Starwood Property Trust

Thor unloads troubled 470 Broadway to Sternlicht’s LNR
New York
Oct 20, 2022

Thor unloads troubled 470 Broadway to Sternlicht’s LNR

Joe Sitt’s firm sells the retail property for $25M in lieu of foreclosure

Private REITs, public scrutiny
New York
Jan 6, 2023

Private REITs, public scrutiny

Blackstone, Starwood try to calm backlash as investors pull cash

Starwood Property Trust buys Marathon Oil Tower through foreclosure
Houston
Aug 25, 2022

Starwood Property Trust buys Marathon Oil Tower through foreclosure

Assumes $50M mezzanine loan and $88M third-party first mortgage for the Houston property