1、SPINE1 CLINTON STREET,BROOKLYN,NY$280M First Mortgage(rendering)STARWOOD PROPERTY TRUST2017ANNUAL REPORTCOURTESY OF MARVEL ARCHITECTSRENDERING BY KILOGRAPHSTARWOODPROPERTYTRUST.COMSPINEMakena Golf and Beach Club(rendering),Wailea,HIAtlantic Building,Philadelphia,PA215 Chrystie Street(rendering),New
2、York,NYAmerican Dream(rendering),Bergen County,New JerseyProject Star-Woodland Manor,Gerrards Cross,UKThirlestaine Park,Cheltenham,UKAloft Boston Seaport,MA700 Louisiana,Houston,TXElement Boston Seaport,(rendering)MABB&T Center,Charlotte,NCAutomation Parkway,San Jose,CAPaseo de la Riviera(rendering)
3、,Coral Gables,FLWoodbury Portfolio-88 Froehlich Farm Blvd,Woodbury,NYTysons Metro Center,Tysons,VAHilton Atlanta,GAFlushing Point Plaza(rendering),NYFive Point Gateway Campus,Irvine,CA700/800 K Street(rendering),Washington,D.C.The Ritz-Carlton Paradise Valley(rendering),AZThe Drever,(rendering)1401
4、Elm St.,Dallas,TXThe Beacon at Garvies Point (rendering),Glen Cove,NYHyatt Regency Lake Washington,Renton,WAStarwood Property Trust,Inc.591 West Putnam AvenueGreenwich,Connecticut 06830Dear Fellow Shareholders:In the almost nine years since our inception,we are proud to have executed on what we have
5、 set out to do:build one of the premier global diversified real estate finance companies in the world.The only certainty infinancial markets is that cycles will happen and opportunities will change.We have therefore created multiplebusinesslines,orinvestmentcylinders,atStarwoodPropertyTrust,Inc.(NYS
6、E:STWD)toenableustodeploycapital in multiple ways to achieve our targeted investments returns at any time.If returns drop in one businessline,wecanstrategicallyredeploycapitaltoourotherbusinesslinesandavoidbeingforcedintoinvestmentsatthewrong time.Webelieveweprovideanattractivetotalreturninanincreas