Property trust originates $140m loan for creative space

Starwood Property Trust, an international real estate investor and financier, has originated a $140m loan on a mixed-use commercial building in San Francisco

Starwood Property Trust, an international real estate investor and financier, has originated a $140m loan on a mixed-use commercial building in San Francisco.

The 250,000 square foot building comprises three floors of offices and creative-use space. The property meets the needs of the city’s high-profile technology firms and businesses needed truly creative space, said Boyd Fellows, president of the Starwood. The company is using its capacity to deliver customized loan solutions that sets it apart from other competitors, he said in the press release.

Starwood has been actively financing and investing in the real estate market worldwide. It is known for Starwood Hotels and Resorts which owns St. Regis®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®, Four Points® by Sheraton, Aloft®, and Element®