Starwood Property Trust has written down to zero the value of an investment in a portfolio of four shopping malls that back $681.6 million of CMBS debt. The move makes it easier for the company, which holds a 33 percent ...
Starwood Property Trust, which owns a 33 percent stake in a portfolio of four shopping malls that back a $685.6 million securitized loan, has written down the value of its interest in the properties by nearly 50 percent. That's not ...
The Greenwich, Conn., REIT has sharply written down the value of its stake in a portfolio of four malls with about 2.8 million square feet in four states. It made a $69 million write-down on its interest in the portfolio, ...
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