05:14 PM EDT, 07/16/2025 (MT Newswires) -- Starwood Property Trust ( STWD ) said Wednesday it is launching an underwritten public offering of 25.5 million shares of its common stock.

The underwriters will also have a 30-day option to purchase up to an additional 3.825 million shares from the company.

Starwood said it plans to use the proceeds to help finance part of the purchase price of its pending acquisition of Fundamental Income Properties. If the acquisition doesn't close, the funds may be used for other investments or general corporate purposes.