Starwood Capital Group, a global private investment firm, closed its latest private credit-focused vehicles: Starwood Real Estate Debt Strategies U.S. (SREDS), Starwood European Real Estate Debt Finance II (SEREDF II) and Starwood Australian Real Estate Debt Finance Trust I (SAREDF). Together with related co-investment vehicles, these closings represent total capital commitments of $2.86 billion.
“We’re incredibly excited to leverage our team’s expertise and continue building on Starwood Capital’s long-standing success in real estate credit,” Barry Sternlicht, chairman and CEO of Starwood Capital, said. “As traditional lenders pull back in the face of regulatory and macroeconomic headwinds, Starwood Capital’s depth of experience uniquely positions us to provide flexible, high-quality financing solutions at compelling yields through a variety of credit products.”
“Our scale, expertise and ability to act decisively enables us to deliver strong risk-adjusted returns for our investors,” Jonathan Pollack, president of Starwood Capital, said. “These fund closings reflect deep confidence in our platform and strategy from our global partners.”
