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NEW YORKStarwood Capital Group has made a $325 million strategic investment in mortgage lender TPG RE Finance.  Its non-voting investment, made in the form of preferred stock and detachable warrants to purchase the company’s common stock, comes as the mortgage REIT struggles to regain its footing after issuing a going concern warning that it may not have enough liquidity to meet its obligations and keep operations afloat. The REIT was hammered in March and April when the markets plunged and forced TPG Finance to sell assets in order to meet margin calls. 

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Erika Morphy

GlobeSt

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