Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2025
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Our significant events subsequent to December 31, 2025 were as follows: Securitized Financings In January 2026, we refinanced a $600.0 million pool of our infrastructure loans held-for-investment through a CLO, Starwood 2026-SIF7, with $496.2 million of third party financing at a weighted average coupon of SOFR + 1.68%. The CLO contains a reinvestment feature that, subject to certain eligibility criteria, allows us to contribute new loans or participation interests in loans to the CLO for a period of three years. In connection therewith, we redeemed at par the third party financing for our STWD 2024-SIF3 issued in May 2024 for $330.0 million plus accrued interest, and contributed certain loans previously held in that CLO to Starwood 2026-SIF7. In February 2026, we entered into an agreement to refinance a pool of our Fundamental net lease properties through an ABS, FI Series 2026-1, with $466.4 million of third party financing at a weighted average fixed rate of 5.06% and weighted average maturity of 5.4 years. In connection therewith, we will redeem at par the third party financing for our ABS, FI Series 2023-1, which has a weighted average fixed rate of 6.65%, for $323.6 million plus accrued interest. This transaction is expected to close in March 2026.

STARWOOD PROPERTY TRUST, INC. 10-K