Quarterly ResultMay 11, 2026, 02:56 PM
Starwood REIT Q1 Net Loss $(112.85M); EPS $(0.29)
AI Summary
Starwood Real Estate Income Trust reported a net loss attributable to stockholders of $(112.85) million for the three months ended March 31, 2026, an improvement from a net loss of $(177.18) million in the prior year period. Total revenues slightly decreased to $392.28 million from $400.27 million year-over-year. The company also commenced its fourth public offering for up to $10.0 billion in shares and raised $63.5 million through its DST Program, indicating ongoing capital raising efforts.
Key Highlights
- Net loss attributable to stockholders improved to $(112.85) million from $(177.18) million year-over-year.
- Net loss per share improved to $(0.29) from $(0.44) year-over-year.
- Total revenues decreased to $392.28 million from $400.27 million year-over-year.
- Net cash provided by operating activities was $54.21 million, down from $85.25 million year-over-year.
- Repurchased $120.31 million of common stock, up from $87.33 million year-over-year.
- Commenced fourth public offering for up to $10.0 billion in shares on February 4, 2026.
- Raised $63.5 million in gross proceeds through the DST Program as of March 31, 2026.
- No impairment charges on investments in real estate were recognized for the quarter.