MIAMI BEACH, Fla. (AP) — MIAMI BEACH, Fla. (AP) — Starwood Property Trust Inc. (STWD) on Friday reported profit of $112.3 million in its first quarter.
On a per-share basis, the Miami Beach, Florida-based company said it had profit of 33 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 45 cents per share.
The commercial real estate investment trust posted revenue of $418.2 million in the period.
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