Baccarat Hotel & Residences, New York
Starwood Opportunity Fund VIII, Starwood Hospitality Fund II
and Baccarat Co-Invest
The Principal Grand Central Hotel, Glasgow, Scotland
Starwood Distressed Opportunity Fund IX and U.K. Co-Invest
Stella Tower, New York
Starwood Distressed Opportunity Fund IX
President and Managing Director
Starwood Property Trust
Jeffrey F. DiModica, CFA, has been the Company’s President since 2014 and served as an external director of the Company from its inception in 2009 to July 2014. In his current role he leads and serves as a member of the investment committee of each of the Company’s business lines including Large Loan Lending, Residential Lending, Infrastructure Lending, Property Investing and Investing & Serving which have a collective $19 billion of assets under management.
From 1993 to 2014, Mr. DiModica served in various investment banking roles at Royal Bank of Scotland (RBS) and Merrill Lynch. Mr. DiModica began his career in the Merchant and Investment Banking Group of the Commercial Real Estate Department at Chemical Bank from 1989 to 1991.
Mr. DiModica received a B.S./B.A. degree with distinction and a concentration in Finance from Boston University in 1989, an M.B.A. degree from the Amos Tuck School at Dartmouth College in 1993, and received his Chartered Financial Analyst designation in 1995. Mr. DiModica is a member of YPO (Young Presidents Organization) and serves on the Miami Advisory Board of the Posse Foundation, an organization that identifies, recruits and trains individuals with extraordinary leadership potential who are awarded full-tuition scholarships. Mr. DiModica was also the founding president of www.Mitoaction.org, a support, education and advocacy group for families affected by Mitochondrial Disease.
Mr. DiModica was honored to be ranked in Commercial Observer’s “The 50 Most Important Figures of Commercial Real Estate Finance” list for the last 7 years, ranking in the top 10 the past 4 years.
Chief Financial Officer
Starwood Property Trust
Rina Paniry is Chief Financial Officer of Starwood Property Trust, an affiliate of Starwood Capital Group that is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. In this role, she is responsible for all financial and accounting functions for the business. Before being promoted to this role in 2014, Ms. Paniry served as Chief Financial Officer of Starwood Property Trust subsidiary LNR Property LLC, where she led the integration and transition of Starwood Property Trust’s core finance functions—including accounting, treasury, planning and tax—to LNR’s Miami office following Starwood Property Trust’s acquisition of the business in 2013. Ms. Paniry joined LNR in 2006 as Chief Accounting Officer.
Prior to joining LNR, Ms. Paniry spent 11 years at Deloitte & Touche, where she began her career. She worked in numerous roles with increasing responsibility, principally in the real estate industry in the functional areas of audit and mergers & acquisitions.
Ms. Paniry holds a Masters of Accounting from Florida International University and is a Florida CPA.