Greenwich, Conn.-based Starwood Property Trust has announced that it has invested $768.8 million in 21 separate commercial real estate (CRE) transactions in the second quarter, resulting in a total CRE portfolio of more than $2.4 billion.Â
Seventy-eight percent of the company's total investments during the quarter were originated and 22% represented loans that were acquired. Two of the company's larger loan originations during the quarter were a $175.0 million first mortgage loan on a furniture showroom located in High Point, N.C., and a $71.5 million mezzanine loan that is secured by a 45-property portfolio based in Germany that is leased to Metro Cash & Carry, a subsidiary of retail company Metro Group.
