Starwood Property Trust: Decent Value Proposition
STWDStarwood Property Trust(STWD) Seeking Alpha·2024-08-27 11:06
VioletaStoimenova The pay-out metrics of commercial real estate investment trust Starwood Property Trust Inc. (NYSE:STWD) weakened in the second quarter, but the trust still managed to cover its $0.48 per share per quarter dividend with distributable earnings in 2Q24. Starwood Property Trust is well-diversified and has relatively low exposure to U.S. offices, which are two key strengths that I see for the company that its peers don’t have. Furthermore, the central bank is poised to lower interest rates, ...