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Slide #72. Starwood Property Trust — LNR Property LLC
Starwood Property Trust (NYSE:STWD)
LNR Property LLC
Starwood Property Trust and Starwood Capital Group, a leading global private investment firm, on behalf of Starwood Distressed Opportunity Fund IX, today announced that they have entered into a definitive agreement to acquire LNR Property LLC ("LNR") for a total purchase price of $1.05 billion in cash.
Starwood Property Trust is a holding company and conducts its business through its various wholly-owned subsidiaries. Co.'s segments are: real estate commercial and residential lending, which engages in originating, acquiring, financing and managing commercial and residential first mortgages, subordinated mortgages, and mezzanine loans, among others; infrastructure lending, which engages in originating, acquiring, financing and managing infrastructure debt investments; real estate property, which engages in acquiring and managing equity interests in commercial real estate properties; and real estate investing and servicing, which includes a servicing business and an investment business.
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