85571BAC9

Starwood Property Trust, Inc.

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A lender that provides mortgages and other financing on commercial real estate, Starwood Property Trust is the largest commercial mortgage real estate investment trust in the United States. Founded in 2009 by Barry Sternlicht during the Great Recession, when traditional banks had pulled back from lending, the company went public on the New York Stock Exchange that same year. The "Starwood" name traces to a property near Aspen, Colorado, where Sternlicht and a partner dreamed it up while sitting in a hot tub.

3.75% Convertible Senior Notes due 2017