Starwood Property Trust Inc 2025年季度报告

SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549 FORM10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACTOF 1934 For the quarterly period endedMarch 31, 2025OR ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACTOF 1934 Commission file number001-34436__________________________________________________ Starwood Property Trust,Inc.(Exact name of registrant as specified in its charter) Registrant’s telephone number, including area code:(305)695-5500___________________________________________________________________________ Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)hasbeen subject to such filing requirements for the past 90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule405 of RegulationS-T (§232.405) during the preceding 12months (or for such shorter period that the registrant was required to submit suchfiles).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company”, and“emerging growth company” in Rule12b-2 of the Exchange Act. Large accelerated filer☒Non-accelerated filer☐ Accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐No☒ The number of shares of the issuer’s common stock, $0.01 par value, outstanding as of May2, 2025 was339,454,864. Special Note Regarding Forward-Looking Statements This Quarterly Report on Form 10-Q contains certain forward-looking statements, including without limitation, statementsconcerning our operations, economic performance and financial condition. These forward-looking statements are made pursuant to thesafe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are developed bycombining currently available information with our beliefs and assumptions and are generally identified by the words “believe,”“expect,” “anticipate” and other similar expressions. Forward-looking statements do not guarantee future performance, which may bematerially different from that expressed in, or implied by, any such statements. Readers are cautioned not to place undue reliance onthese forward-looking statements, which speak only as of their respective dates. These forward-looking statements are based largely on our current beliefs, assumptions and expectations of our futureperformance taking into account all information currently available to us. These beliefs, assumptions and expectations can change as aresult of many possible events or factors, not all of which are known to us or within our control, and which could materially affectactual results, performance or achievements. Factors that may cause actual results to vary from our forward-looking statementsinclude, but are not limited to: •factors described in our Annual Report on Form 10-K for the year ended December31, 2024 and this Quarterly Reporton Form 10-Q, including those set forth under the captions “Risk Factors”, “Business” and “Management’s Discussionand Analysis of Financial Condition and Results of Operations”;•defaults by borrowers in paying debt service on outstanding indebtedness;•impairment in the value of real estate property securing our loans or in which we invest;•availability of mortgage origination and acquisition opportunities acceptable to us;•potential mismatches in the timing of asset repayments and the maturity of the associated financing agreements;•national and local economic and business conditions, including as a result of the impact of public health emergencies;•the occurrence of certain geo-political events (such as wars, terrorist attacks and tensions between states, includingglobal trade disputes related to tariffs) that affect the normal and peaceful course of international relations;•general and local commercial and residential real estate property conditions;•changes in federal government policies;•changes in federal, state and local governmental laws and regulations;•increased competition from entities engaged in mortgage lending and securities investing activities;•changes in inte