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Starwood Property Trust, Inc. (NYSE:STWD) reported fourth-quarter FY23 revenue of $522.3 million, missing the consensus of $534.7 million. The company received repayments of $1.1 billion across business lines in the quarter. DistributableEPS of $0.58 beat the consensus of $0.48. Starwood Property securitized $467 million of conduit loans in five transactions during the quarter. The company’s total active servicing portfolio increased from $6.1 billion to $6.6 billion in the fourth-quarter FY23. Barry Sternlicht, Chairman and CEO said, “The commercial real estate industry faces a balance sheet …

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