SWDSOTCReal Estate Investment TrustsUS GAAP · USD

Starwood Real Estate Income Trust, Inc.

Starwood Real Estate Income Trust, Inc. is a U.S.-based real estate investment trust that owns and operates a diversified portfolio of commercial real estate and real estate debt investments. Its portfolio includes multifamily, industrial, office, self-storage, hospitality and other property types, with assets located across the United States and a smaller international allocation.

Liikevaihto1 581milj. USD
−6,3 %v/v
Liikevoitto (EBIT)965milj. USD
−8,5 %v/v
EBIT-marginaali61,1%
−1,4 %-yks.v/v
Nettotulos−692milj. USD
−1,0 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

05001 0001 5002 000milj. USD2020: 298 milj. USD2020: EBIT 191 milj. USD20202021: 643 milj. USD2021: EBIT 439 milj. USD20212022: 1 579 milj. USD2022: EBIT 1 041 milj. USD20222023: 1 754 milj. USD2023: EBIT 1 117 milj. USD20232024: 1 688 milj. USD2024: EBIT 1 055 milj. USD20242025: 1 581 milj. USD2025: EBIT 965 milj. USD20251 581965
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Core real estate equity75 %

Direct ownership of multifamily, industrial, office, self-storage and hospitality properties.

Real estate debt investments15 %

Investments in floating-rate and secured loans backed by real estate assets.

Hospitality operations2 %

Room and related revenue from hospitality properties held in the portfolio.

DST program8 %

Delaware Statutory Trust interests offered to investors seeking 1031 exchange solutions.

Tuotteet

Raportoitu · osuus liikevaihdosta
98,0%FY2025100 %
  • Rental98,0 %
  • Real Estate Other2,0 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The trust serves investors seeking private real estate exposure, regular cash distributions, and diversification away from public markets. It also targets tax-deferred exchange investors using DST interests as replacement property for Section 1031 transactions. Underlying property cash flows come from tenants and operators across residential, industrial, office, storage and hospitality end markets.

Private real estate investors

Invest in the trust for income, diversification and exposure to commercial real estate.

1031 exchange investors

Buy DST interests to complete tax-deferred like-kind exchange transactions.

Commercial and residential tenants

Lease space in multifamily, industrial, office and self-storage properties.

Hospitality customers

Use hotel properties that generate room and related operating revenue.

Real estate borrowers

Access secured financing through the trust's real estate debt investments.

Strategia

The trust aims to generate current income, preserve capital and grow NAV through proactive asset management and selective portfolio allocation. It also uses its DST program to broaden capital raising and serve investors seeking 1031 exchange solutions, while recycling capital through dispositions, debt management and share repurchases. Portfolio emphasis is on asset classes and markets with durable fundamentals, including affordable housing, market-rate apartments, industrial assets and floating-rate real estate loans.

Maintain income-focused portfolio constructionLyhyt aikaväli

Regular distributions are central to the trust's investor proposition.

Expand DST capital raisingKeskipitkä aikaväli

DST interests broaden access to 1031 exchange investors and diversify funding sources.

Optimize portfolio mix and liquidityKeskipitkä aikaväli

Selective asset sales and debt actions support capital allocation and investor liquidity.

Maantiede

The portfolio is primarily concentrated in U.S. Sunbelt markets, which the company describes as a major source of long-term demand. It also maintains a smaller international allocation for diversification and exposure to markets with high barriers to new supply. Geography matters because local job growth, population trends, rent growth and supply conditions drive property performance.

Riskit

The business is exposed to commercial real estate cycles, tenant demand shifts and property-level valuation changes across multiple asset classes. It also faces financing and liquidity risk because leverage, refinancing needs and share repurchase requests can affect capital deployment and asset sales. Hospitality, office and geographically concentrated assets add sensitivity to local economic conditions, supply growth and interest-rate movements.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Commercial real estate market cyclicality1Liquidity risk from share repurchase requests2Interest-rate and refinancing risk3
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Commercial real estate market cyclicalityVaikutus: KorkeaTodennäköisyys: Korkea

    Property values, occupancy and rents depend on local economic conditions and supply-demand balance.

    KohdistuuMultifamilyIndustrialOfficeSelf-storageHospitality assets
  2. Liquidity risk from share repurchase requestsVaikutus: KorkeaTodennäköisyys: Matala

    The trust must generate cash to meet investor redemptions while preserving portfolio value.

    Kohdistuu: Repurchase plan and asset sales

  3. Interest-rate and refinancing riskVaikutus: KorkeaTodennäköisyys: Matala

    Debt costs and refinancing terms affect cash flow and asset-level returns.

    KohdistuuMortgage notesSecured credit facilitiesUnsecured line of credit
  4. Office and hospitality weaknessVaikutus: Keskitaso

    These property types are more sensitive to economic downturns and demand volatility.

    Kohdistuu: Office and hospitality holdings

  5. Geographic concentration in Sunbelt marketsVaikutus: Keskitaso

    A large share of assets in one macro region increases exposure to regional shocks.

    Kohdistuu: Sunbelt U.S. portfolio

Kysy Clarifolta: Starwood Real Estate Income Trust, Inc.

Kirjanpito

Harkinnanvaraiset erät
Straight-line rent recognition

Lease revenue is recognized over time, so reported revenue may differ from cash rent collected.

Vaikutus: Affects rental revenue timing and comparability across periods

Real estate impairment

Property values are estimated and may be written down when expected cash flows weaken.

Vaikutus: Can materially affect net income and asset carrying values

Fair value of real estate debt investments

Debt investments require judgment on credit quality, discount rates and expected recoveries.

Vaikutus: Affects investment income and balance sheet valuation

Disposition accounting

Asset sales can generate gains or losses depending on sale price versus carrying value.

Vaikutus: Creates volatility in other income and net results

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Starwood Real Estate Income Trust, Inc. (OTC) – Real Estate Investment Trusts | Analyysi – Clarifo