The board of Starwood Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust, has appointed Dave Guiteau to serve as the company’s chief financial officer and treasurer.
Guiteau replaces former CFO and treasurer Chris Lowthert who recently resigned from his positions, and the company said that his resignation was not due to any disagreement with the company, its advisor or any of their affiliates.
Prior to joining Starwood Capital, Guiteau held various financial roles with AIG Global Real Estate, including chief financial officer from July 2012 to March 2019, and previously served as a managing director overseeing the financial accounting and reporting for the firm’s portfolio of private equity real estate funds.
Guiteau was also the former CFO of Hunter Roberts Construction Group, a New York-based general contractor. He started his career at Arthur Andersen LLP where he was an audit manager in the firm’s real estate and hospitality services group in its New York office, focusing on public and private real estate clients.
He holds a bachelor’s degree in public accounting from Hofstra University and is a certified public accountant.
Starwood REIT focuses on acquiring a portfolio of real estate in the United States and Europe, including multifamily, office, hotel, and industrial assets, as well as other property types. Starwood REIT broke escrow in December 2018 after raising approximately $165 million in proceeds for its continuous public offering. The company’s portfolio includes 14 properties, eight select service hotels and six multifamily properties, purchased for $411 million.