Landmark $672 Million Package Refinances 78 IOS Properties
Annapolis, Md. (August 18, 2026) – Realterm, an independent global investment manager focused on the transportation industry, alongside Starwood Property Trust, Inc. (NYSE: STWD), today announced the closing of a $672 million industrial outdoor storage (IOS) portfolio financing, the largest ever of its kind.
The 78-property IOS portfolio is owned by affiliates of Stonemont Financial Group and Cerberus Capital Management and encompasses 830 acres of land across 33 U.S. markets.
“This financing marks a significant milestone for our credit platform and underscores our ability to execute sophisticated solutions that drive industry-making deals,” said Paul Sisson, Head of Credit at Realterm. “Borrowers are continuing to seek lenders with a deep understanding of the industrial real estate and logistics sectors. A transaction of this scale is the ultimate validation of our track record and niche expertise.”
“Transactions like this one reflect the breadth and depth of Starwood’s commercial real estate lending platform,” said Jeffrey DiModica, President of Starwood Property Trust.
“Our ability to underwrite large, complex portfolios at scale and deliver certainty of close is what makes us the partner of choice for sophisticated borrowers, and we look forward to continuing to deploy capital into compelling opportunities across the market,” added Dennis Schuh, Global Head of Real Estate Lending, Starwood Capital Group.
Realterm’s lending platform continues to expand, backed by the company’s decades of expertise in the transportation, logistics and industrial sectors. As traditional banks pull back from industrial real estate lending, Realterm’s platform continues to expand and offer borrowers extensive knowledge of transportation, logistics and industrial assets.
Eastdil Secured Savills arranged the transaction.
About Realterm
Realterm is a private equity sponsor focused on investments in real assets for the transportation industry. The firm acquires, develops, finances and manages differentiated real estate and infrastructure assets serving land, air, sea and rail networks globally. Realterm currently has over $14 billion USD in assets under management across 500+ investments on behalf of a global investor base.
About Starwood Property Trust, Inc.
Starwood Property Trust (NYSE: STWD), an affiliate of global private investment firm Starwood Capital Group, is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. As of June 30, 2026, the Company has successfully deployed $120 billion of capital since inception and manages a portfolio of $32 billion across debt and equity investments. Starwood Property Trust’s investment objective is to generate attractive and stable returns for shareholders, primarily through dividends, by leveraging a premiere global organization to identify and execute on the best risk adjusted returning investments across its target assets. Additional information can be found at www.starwoodpropertytrust.com.
