Starwood Real Estate Income Trust Reflects Beneficial Ownership Changes

Director Barry Sternlicht increases holdings through a management fee settlement and reinvestment plans.

November 20, 2024

Barry Sternlicht's Share Acquisition Reflects Strategic Confidence

Starwood Real Estate Income Trust, Inc. (SREIT) recently filed an SEC Form 4 to disclose changes in beneficial ownership. The filing, dated November 19, 2024, detailed the acquisition of 231,489 Class I common shares by Director Barry Sternlicht. These shares were part of a settlement for management fees, executed under the company’s advisory agreement.

This transaction brings Sternlicht’s indirect holdings, managed through Starwood REIT Advisors L.L.C. and Starwood Real Estate Income Holdings, L.P., to a total of approximately 5.86 million shares. Additionally, Sternlicht personally holds over 2.59 million securities directly, highlighting his deep-rooted investment in the trust’s operations.

The equity acquisition also aligns with SREIT’s use of a distribution reinvestment plan, aimed at enhancing long-term value for stakeholders. The plan allows for reinvested distributions to grow shareholder equity, supporting the trust’s broader portfolio strategy of income stability and growth potential.

Strategic Implications of the Recent Filing

This filing underscores Sternlicht’s confidence in SREIT’s operational strategy. The trust, known for its focus on income-generating real estate assets, continues to leverage reinvestment mechanisms to drive shareholder value. The reporting highlights compliance with federal regulations, ensuring transparency and adherence to the Securities Exchange Act of 1934.

Starwood REIT remains committed to its portfolio management approach, emphasizing growth opportunities within its structured advisory framework. These developments offer a glimpse into the trust’s forward-looking strategy, as it navigates a competitive market landscape while ensuring robust governance and stakeholder engagement.

For further details on SREIT’s financial strategies and investment outcomes, interested parties can consult the trust’s corporate website or review additional regulatory disclosures.