Starwood Sparks Trend In Mortgage REIT Market

Law360, New York (September 21, 2009, 12:52 PM EDT) -- Following the recent success of Starwood Property Trust Inc., a wave of initial public offerings is on the way for commercial mortgage real estate investment trust companies, but getting in on the action isn’t easy, attorneys say, noting that the complexities require substantial expertise in real estate, capital markets and securities laws.

Starwood’s IPO, launched by diversified real estate investment firm Starwood Capital Group, garnered the new mortgage REIT $810 million in gross proceeds, making the company the largest REIT IPO to list on the New...
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