One Atlantic Center
1201 West Peachtree Street
Atlanta, GA 30309-3424
404-881-7000 | Fax: 404-881-7777
Rosemarie A. Thurston | Direct Dial: 404-881-4417 |
Email: rosemarie.thurston@alston.com |
December 26, 2017
VIA EDGAR
Mr. Coy Garrison
Securities and Exchange Commission
Division of Corporation Finance
100 F Street NE
Mail Stop 3233
Washington, DC 20549
Re: | Starwood Real Estate Income Trust, Inc. |
Registration Statement on Form S-11
Filed December 20, 2017
File No. 333-220997
Dear Mr. Garrison,
This letter is in reference to the filing on December 20, 2017 of Pre-Effective Amendment No. 1 to the Registration Statement on Form S-11 (the Amendment) by our client, Starwood Real Estate Income Trust, Inc. (the Company). In response to the Amendment, counsel for the Company consulted with the staff of the Securities and Exchange Commission (the Staff) regarding the Amendment and the Staff informed counsel that a consent of the Companys independent valuation advisor would not be required for those periods where the independent valuation advisor confirms via a negative assurance letter the reasonableness of the valuations prepared by the Companys advisor. The Staff requested that the Company provide supplemental confirmation to the Staff whether the Company would receive the independent valuation advisors confirmation of reasonableness via a negative assurance letter and to undertake to revise the disclosure in the Companys 424(b)(2) final prospectus to include references to the negative assurance letter. The Company hereby confirms that it will receive a confirmation of reasonableness via a negative assurance letter from its independent valuation advisor for those months that are not a quarter-end and will revise the disclosure in its 424(b)(3) final prospectus to reflect this. As a result, it is the Companys understanding based on counsels conversations with the Staff that the Company will not be required to file a consent of the independent valuation advisor for the Companys net asset value calculations for months that are not a quarter-end where the Company receives the confirmation of reasonableness via a negative assurance letter.
Sincerely,
/s/ Rosemarie A. Thurston
Rosemarie A. Thurston
cc: Ellis Rinaldi, Starwood Capital Group, Inc.
Alson & Bird LLP
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