Starwood Capital Group hired a team of seasoned to drive the growth of its commercial real estate finance company, Starwood Property Trust.
The four executives, Boyd Fellows, Stew Ward, Chris Tokarski and Warren de Haan, have joined Starwood Capital effective Oct.1 as senior executives of SPT Management the external advisor and manager to Starwood Property Trust.
The four executives have worked together for more than 15 years and have over 90 years combined experience in both commercial real estate finance and the capital markets.
Together the team founded Countrywide Financial Corp.'s CRE finance business. They also founded and served as managing partners at Coastal Capital Partners, which acquired distressed CRE debt, advised owners of CRE on restructurings and financed health care properties.
All four will be in Starwood Capital's expanded San Francisco office and expect to open an office in Los Angeles.
Fellows joins Starwood Capital as president and managing director of SPT Management, reporting to Barry Sternlicht, chairman and CEO of Starwood Capital Group and SPT Management. Sternlicht is also chairman and CEO of Starwood Property Trust.
Ward joins SPT Management as its CFO, as head of capital markets and risk management and as managing director.
Tokarski joins SPT Management as its chief credit officer and as a managing director. De Haan joins SPT Management as its chief originations officer and as a managing director. Ward, Tokarski and De Haan will each report to Fellows at SPT Management.