STARWOOD PROPERTY TRUST, INC.
For the period ended Sep 30, 2025. Filed Nov 10, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 10, 2025
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2025-06-30; filed 2025-08-07.
0001465128-25-000010
Item 1A. Risk FactorsCurrent report: 10-Q
Period ended 2025-09-30; filed 2025-11-10.
0001465128-25-000018
Item 1A. Risk FactorsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 2 previous paragraphs and 9 current paragraphs.
1 unchanged; 1 reworded; 7 added; 0 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
The current filing states there were no material changes to risk factors.
This is the filer’s own statement, not a conclusion from the comparison. Read its qualifications and the report it references.
Current filing’s statement
There have been no material changes to the risk factors previously disclosed in our Form 10‑K, which include risk factors related to investing in net lease assets and risks of investment in real properties, except as discussed below.
Added paragraphs (7)
Current report
We may not realize all of the benefits that we anticipate and underwrote in connection with the acquisition of Fundamental Income Properties, LLC or such benefits may take longer to realize than expected.
Current report
The success of our acquisition of Fundamental Income Properties, LLC (“Fundamental”) by way of merger will depend, in part, on our ability to realize the anticipated benefits from successfully integrating the business of Fundamental with ours. The combination of this business with ours may be a complex, costly and time consuming process, and we may be required to devote significant management attention and resources to integrating the business with ours. The integration process may disrupt our business and, if implemented ineffectively, could preclude us from realizing all of the potential benefits we expect to realize with respect to the acquisition. Our failure to meet the challenges involved in the integration could cause an interruption of, or a loss of momentum in, our business and could harm our results of operations. In addition, the integration may result in material unanticipated problems, expenses, liabilities, loss of business relationships and diversion of management’s attention, and may cause our stock price to decline. The difficulties of integrating Fundamental with our operations include, among others:
Current report
•the potential diversion of management focus and resources from other strategic opportunities and from operational matters and potential disruption associated with the acquisition;
Current report
•coordinating geographically separate organizations;
Current report
•unanticipated issues in integrating information technology, communications and other systems; and
Current report
•managing tax costs or inefficiencies associated with the integration process.
Reworded paragraphs (1)
Previous wording
There have been no material changes to the risk factors previously disclosed in our Form 10‑K, which include risk factors related to investing in net lease assets and risks of investment in real properties.
Current wording
There have been no material changes to the risk factors previously disclosed in our Form 10‑K, which include risk factors related to investing in net lease assets and risks of investment in real properties, except as discussed below.