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Commercial real estate financier Starwood Property Trust, Inc. sourced $653 million last week that the company says will be used to acquire commercial mortgage debt and other target assets. The Greenwich, Connecticut-based REIT closed a $150 million warehouse financing facility with Goldman Sachs Mortgage Company, a $125.2 million asset-based credit agreement with Bank of America, and sold 20 million shares of its common stock to raise an additional $378 million.
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