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Starwood Property Trust to buy Brookfield net-lease firm for $2.2 billion

Purchase is part of move to diversify beyond commercial real estate lending
Starwood Property Trust is buying Fundamental Income Properties, which CoStar data shows owns this building in Fredonia, Wisconsin. (CoStar)
Starwood Property Trust is buying Fundamental Income Properties, which CoStar data shows owns this building in Fredonia, Wisconsin. (CoStar)
CoStar News
July 17, 2025 | 8:54 P.M.

Billionaire investor Barry Sternlicht’s Starwood Property Trust has agreed to buy a real estate firm for $2.2 billion as it expands beyond commercial lending, according to a statement from the company.

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