Skip to main content

What We Do

Starwood has invested over $280 billion across all major real estate sectors, creating value through strategic private transactions, public offerings, and take-private investments.

Our Investments
Seattle Macy’s Office Redevelopment located in Seattle
Seattle Macy's Office Redevelopment - Seattle, WA
Starwood Global Opportunity Fund X

Primary Investment Strategies

Our opportunistic business pursues high-conviction investments across every major real estate asset class, geography, and position in the capital stack — targeting situations where dislocation, complexity, or capital scarcity creates the potential for superior risk-adjusted returns. We acquire undermanaged or undercapitalized assets, apply hands-on operational expertise to unlock their value, and return capital to our investors at the point of maximum realization. Since inception, we have raised over $95 billion across our opportunistic funds, with our most recent Starwood Opportunity Fund XIII closing at $10.2 billion.

Our Core/Core+ strategy targets high-quality, stabilized, income-producing real estate in primary and secondary markets across the U.S. and Europe — sectors and geographies where we have decades of underwriting depth and active asset management infrastructure in place. The strategy is designed to deliver consistent, tax-efficient income and long-term capital appreciation with lower volatility than public market alternatives. Starwood Real Estate Income Trust (SREIT) is our primary vehicle for individual investors seeking institutional-quality real estate exposure.

Our real estate debt platform originates and acquires debt investments across the capital structure — from senior secured loans to mezzanine and preferred equity — underpinned by high-quality real estate assets globally. The platform operates through both public and private vehicles, including Starwood Property Trust (NYSE: STWD), one of the largest commercial mortgage REITs in the United States, and Starwood Credit Real Estate Income Trust (SCREDIT), a perpetual-life private REIT focused on real estate debt.

Vertigo Office Building in Luxembourg
Vertigo Office Building - Luxembourg
Starwood Global Opportunity Fund X

Our Approach

Starwood Capital manages capital with a singular focus: deliver superior risk-adjusted returns while preserving the downside. Every investment decision begins with a rigorous assessment of asymmetric return potential — we only invest where we believe the upside meaningfully outweighs the risk, and we have the discipline to walk away when it doesn’t.

  • Find the Mispricing Before the Market Does

    We target markets where supply constraints, barriers to entry, or capital dislocation have created a gap between price and intrinsic value. By anticipating capital flows and acquiring assets below replacement cost, we build in a margin of safety from day one — ensuring that returns are not dependent on the market moving in our favor.

  • Maintain Discipline Across the Cycle

    We actively manage portfolio concentration across risk profiles, asset classes, geographies, and positions in the capital stack. Our track record reflects a consistent willingness to reduce exposure when markets overheat and to deploy aggressively when dislocation creates opportunity.

  • Create Value Through Hands-On Management

    We are operators, not observers. We acquire undermanaged or undercapitalized assets and apply active, disciplined asset management to unlock their full potential — whether through renovation, repositioning, leasing, or platform consolidation. Our in-house operating companies across multifamily, hospitality, and digital infrastructure give us capabilities that purely financial investors cannot replicate.

  • Our Interests Are Yours

    Starwood Capital’s partners invest alongside our LPs in every transaction the Firm sponsors. We treat investor capital as our own — because a meaningful portion of it is. We do not earn transaction fees in our opportunity funds. Alignment is not a talking point; it is a structural feature of how we operate.

People having a presentation in a meeting through a window

Who We Serve

We work alongside some of the world’s most sophisticated investors—including pension funds, sovereign wealth funds, insurance companies, and investment consultants—to provide differentiated access to real estate, private credit, infrastructure, and opportunistic strategies. With global scale, deep market insight, and a disciplined investment approach, we help institutions achieve their long-term objectives while managing complexity and risk.

We partner with single-family offices, multi-family offices, foundations, and high-net-worth individuals to provide access to institutional-caliber investment strategies across real estate equity and credit. Guided by decades of experience and a rigorous risk framework, we focus on capital preservation, income generation, and growth across market cycles.

Awards & Accolades

With a 33-year track record of excellence across virtually every real estate asset class, we’re happy to let our work speak for itself.

  • PERE Debt Firm of the Year:
Europe

  • REC Europe U.K. Alternative 
Lender of the Year

  • PERE Southern Europe 
Firm of the Year

Some of the images depicted herein show property previously owned by funds sponsored by Starwood Capital Group.