Starwood Property Trust, Inc. Appoints Frederick Perpall as Member of the Board
August 20, 2020 at 06:09 am EDT
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On August 18, 2020, the Board of Directors of Starwood Property Trust, Inc. increased the size of the Board from seven to eight directors and appointed Frederick Perpall to serve as a member of the Board. Mr. Perpall was also appointed as a member of the Audit Committee and the Investment Committee of the Board. Mr. Perpall is the chief executive officer of The Beck Group. Mr. Perpall currently serves as an independent director of Triumph Bancorp Inc. and as the chairman of the Dallas Citizens Council.
Starwood Property Trust, Inc. is a real estate investment trust. The Company's segments include Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing. Commercial and Residential Lending segment is engaged in originating, acquiring, financing and managing commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities, residential mortgage-backed securities and other real estate and real estate-related debt investments in the United States, Europe and Australia. Infrastructure Lending segment is engaged in originating, acquiring, financing and managing infrastructure debt investments. Property segment is engaged primarily in acquiring and managing equity interests in stabilized commercial real estate properties. Investing and Servicing segment includes a servicing business in the United States; an investment business, and a mortgage loan business.