Starwood Property Trust (NYSE: STWD) has announced a private offering of $500 million in senior notes due 2031, with proceeds designated to finance or refinance green and social initiatives. Pending market conditions, the company will use the funds to support sustainable projects in Miami and beyond, promoting environmentally and socially responsible development.
The offering is limited to qualified institutional buyers outside the U.S. and is not registered in the U.S., reflecting the company’s focus on responsible investing. This move reinforces Miami’s growing role in sustainable real estate and infrastructure development.