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Starwood Waypoint Residential Trust

Starwood Waypoint Residential Trust was a publicly traded real estate investment trust (REIT) that was listed on the New York Stock Exchange (NYSE) under the ticker symbol "SWAY". However, the company has since been acquired by another REIT, Colony Capital, and is no longer publicly traded.

Starwood Waypoint Residential Trust was formed in 2012 as a spin-off from Starwood Capital Group, a private investment firm founded by Barry Sternlicht. The company's focus was on acquiring, owning, and managing a portfolio of single-family rental homes in the United States. At the time of its acquisition, the company owned and managed over 30,000 homes across multiple states, with a total market value of approximately $10 billion.

SWAY's portfolio consisted of homes located in various markets, including Phoenix, Arizona; Tampa, Florida; and Charlotte, North Carolina. The company's strategy was to acquire homes at below-market prices, renovate them, and then rent them out to tenants. This strategy allowed the company to generate rental income and also benefit from potential appreciation in home values over time.

In 2018, Starwood Waypoint Residential Trust was acquired by Colony Capital, a leading global investment management firm that focuses on real estate and other alternative asset classes. The acquisition was valued at approximately $2.8 billion, including the assumption of debt. As a result of the acquisition, SWAY's stock was delisted from the NYSE, and the company is no longer publicly traded.

Here are some key metrics for Starwood Waypoint Residential Trust (SWAY) at the time of its acquisition:

* Total portfolio value: Over $10 billion

* Number of homes owned and managed: Over 30,000

* Markets served: Multiple states, including Arizona, Florida, Nevada, California, Texas, and North Carolina

* Rental income: Over $100 million per year

* Net asset value (NAV) per share: $13.61 (as of Q1 2018)

Overall, Starwood Waypoint Residential Trust's strategy was focused on taking advantage of the post-foreclosure crisis housing market, acquiring homes at discounted prices, and generating rental income and potential appreciation in asset value over time. However, the company's lifespan as a publicly traded entity was relatively short-lived, as it was acquired by Colony Capital in 2018.