**Starwood Capital Closes $2.86B in New Private Credit Vehicles**
Starwood Capital Group has announced the closing of three private credit-focused investment vehicles: Starwood Real Estate Debt Strategies U.S., Starwood European Real Estate Debt Finance II, and Starwood Australian Real Estate Debt Finance Trust I. Including co-investment vehicles, the total capital commitments from these closings amount to $2.86 billion.
“We’re incredibly excited to leverage our team’s expertise and continue building on Starwood Capital’s longstanding success in real estate credit,” said Barry Sternlicht, Chairman and CEO of Starwood Capital. “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.”
Starwood Capital operates a fully integrated real estate lending platform, which includes originations, underwriting, portfolio management, capital markets, and legal capabilities. Since 2010, through its private investment vehicles and Starwood Property Trust, the company has completed over $100 billion in lending transactions.