Life co & CMBS
Starwood Property Trust
Starwood Property Trust is a commercial real estate finance company organised around lending and servicing. Its businesses are grouped as real estate investing and servicing, infrastructure lending through Starwood Infrastructure Finance, and loan origination through Starwood Mortgage Capital, with residential mortgage and single family rental enquiries handled by separate desks.
The servicing side is sold to outside holders of commercial real estate debt under the name Starwood Solutions. That work splits into distressed loan and REO management, covering defaulted loan restructuring and workouts, foreclosure, guaranty claims, bankruptcies, and disposition; collateral management and portfolio surveillance, covering asset-level valuation, internal watch lists, tenant and sponsor exposure analysis, and tracking loan performance after a refinance; and capital markets work such as underwriting and due diligence for securitizations and loan portfolios, cash flow and securitization analytics, loss scenario analysis, and separate account management. Construction consultation and project management sit alongside it.
As of June 30, 2026 the company reports 33 years as a special servicer, $94.7 billion of total workout unpaid principal balance since inception, 7,571 loans resolved, more than 15,400 loans worth $291.7 billion underwritten since 2013, and 1,474 loans actively monitored and reunderwritten. It says it is the only special servicer in the CMBS industry rated highest by Fitch, S&P, and DBRS/Morningstar. Besides Greenwich, it lists offices in Stamford, New York, Miami Beach, Phoenix, Los Angeles, San Francisco, and London.
The site publishes no loan parameters: no minimum loan size, leverage, or pricing for the bridge, construction, and structured lending the firm is known for. Those come from a conversation with originations.
Best for
Institutional sponsors borrowing on large bridge, construction, and structured commercial loans, and holders of CMBS or whole loan portfolios needing a rated special servicer. Small owner-operators will find no published loan programme and should start with a mortgage broker.
What they do
- Commercial real estate lending
- Infrastructure lending
- CMBS special servicing
- Distressed loan and REO management
- Defaulted loan restructuring and workouts
- Collateral management and portfolio surveillance
- Underwriting and due diligence for securitizations and loan portfolios
- Cash flow, securitization, and loss scenario analytics
- Construction consultation and project management
- Separate account and target portfolio management
Details
| Attribute | Value |
|---|---|
| Other offices | Stamford, CT, New York, NY, Miami Beach, FL, Phoenix, AZ, Los Angeles, CA, San Francisco, CA |
What stands out
- Says it is the only special servicer in the CMBS industry rated highest by Fitch, S&P, and DBRS/Morningstar.
- Reports 7,571 loans resolved and $94.7 billion of workout UPB since inception, as of June 30, 2026.
- Has underwritten more than 15,400 loans worth $291.7 billion since 2013.
- Actively monitors and reunderwrites 1,474 loans.
- Calls itself the longest serving special servicer, with 33 years in the business.