Starwood Real Estate Income Trust, Inc. Notes to Consolidated Financial Statements
The following table sets forth the financial results by segment for the year ended December 31, 2022 ($ in thousands):
Single- Family Rental
Investments in Real Estate Debt
Self- Storage
Multifamily
Industrial
Office
Other
Total
Revenues:
Rental revenue Other revenue Total revenues Expenses: Property operating
$ 1,068,277 $ 73,558 $ 177,998 $ 136,185 $ 26,614 $ 38,023 $
— $ 1,520,655 — 58,693 — 1,579,348 — 650,594 — 650,594
11,114
—
42
416
— 47,121
1,079,391
73,558
178,040
136,601
26,614
85,144
467,413 467,413
36,575 36,575
44,983 44,983
52,972 52,972
9,866 9,866
38,785 38,785
Total segment expenses Income from unconsolidated real estate ventures Income from investments in real estate debt Segment net operating income
—
—
—
—
— 12,189
— 12,189
—
—
—
—
—
— 99,787
99,787
$ 611,978 $ 36,983 $ 133,057 $ 83,629 $ 16,748 $ 58,548 $ 99,787 $ 1,040,730
General and administrative
(44,708) (167,100) (102,348) (848,943) (428,853)
Management fees
Performance participation allocation Depreciation and amortization
Interest expense
Loss on extinguishment of debt
(313)
Other income, net
485,608
Net loss
$ (65,927)
Net income attributable to non-controlling interests in consolidated joint ventures Net loss attributable to non-controlling interests in Operating Partnership
(1,927) 2,146
Net loss attributable to stockholders
$ (65,708)
16. Subsequent Events Financing and Capital Activity During the period from January 1, 2025 through March 21, 2025, the Company repurchased $0.1 billion of common stock through its share repurchase plan. During the period from January 1, 2025 through March 21, 2025, the Company repaid $0.3 billion of net borrowings on its unsecured line of credit. Asset Dispositions During the period from January 1, 2025 through March 21, 2025, the Company received $0.2 billion of net proceeds from sales of investments in real estate.
145
Made with FlippingBook flipbook maker