New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 10, 2014
08:27 EDTSWAY, STWDStarwood Property to report $28.84/share fair market value for Starwood Waypoint
Starwood Property Trust (STWD) provided the tax basis for its previously completed spin-off of Starwood Waypoint Residential Trust (SWAY). For U.S. federal income tax purposes, Starwood Property intends to report the fair market value of the distribution at $28.84 per share of Starwood Waypoint Residential common stock distributed. Starwood Property Trust completed the spin-off of SWAY on January 31 by distributing one share of SWAY common stock for every five shares of STWD common stock held by the holders of STWD common stock as of 5:00 p.m., Eastern Time, on January 24, the spin-off record date.
News For STWD;SWAY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 15, 2015
09:08 EDTSTWDOn The Fly: Pre-market Movers
Subscribe for More Information
07:38 EDTSTWDStarwood Property 12M share Spot Secondary priced at $23.85
Morgan Stanley, Citigroup, JPMorgan and Wells Fargo acted as joint book running managers for the offering.
April 14, 2015
18:30 EDTSTWDOn The Fly: After Hours Movers
Subscribe for More Information
17:08 EDTSTWDStarwood Property to acquire Dublin portfolio for EUR452.5M
In a regulatory filing, Starwood Property reports that in March, the company entered into agreements to acquire a portfolio of nine office properties and one residential property located in Dublin, Ireland. The completion of the acquisition of this portfolio is subject to the company’s entrance into definitive agreements to acquire three additional office properties also located in Dublin. The aggregate purchase price for all 13 properties, which collectively comprise approximately 630,000 square feet, is approximately EUR452.5M. As of March 31, the portfolio was 99.9% leased with a weighted average term of 6.2 years. In connection with these transactions, the company expects to obtain a five-year, EUR294M unsecured term loan. The company expects to complete the acquisitions in Q2.
16:30 EDTSTWDStarwood Property 12M share Spot Secondary, price range $23.85-$24.00
Subscribe for More Information
16:08 EDTSTWDStarwood Property files to sell 12M shares of common stock
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use