Starwood, Trinitas Form JV to Develop Student Housing Portfolio

09:05 AM EDT, 09/09/2026 (MT Newswires) -- Starwood Property Trust (STWD) said Wednesday it has formed a joint venture with Trinitas Ventures to develop purpose-built student housing at the University of Pittsburgh, University of Oklahoma and University of Wisconsin-Madison. The partnership closed on three sites totaling 2,046 beds across Pittsburgh, Norman and Madison, with all three projects targeted for delivery in Summer 2028. The developments are located near campuses in markets where enrollment growth has outpaced purpose-built student housing supply.