|NEW YORK – October 1, 1999 – Starwood Financial Trust (ASE: APT), the leading publicly-traded finance company focused exclusively on the commercial real estate industry, today announced that its Board of Trustees has declared a regular quarterly cash dividend of $0.44 per Class A Share for the quarter ended September 30, 1999. This dividend represents a 15.8% increase from the dividend paid for the third quarter of 1998. The dividend is payable October 29, 1999, to shareholders of record on October 15, 1999.|
Starwood Financial is the leading publicly-traded finance company focused exclusively on the commercial real estate industry. The company, which is taxed as a real estate investment trust, provides structured mortgage, mezzanine and lease financing through its proprietary origination, acquisition and servicing platform. The company’s mission is to maximize risk-adjusted returns on equity by providing innovative and value-added structured financing solutions to the real estate industry.
For more information on Starwood Financial Trust, via fax at no charge, please call
1-800-PRO-INFO and enter ticker symbol APT.