Starwood Capital in deal with EV charging company EnviroSpark to add 400 charging stations at 80 multi-family home properties

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Starwood Capital Group, manager of the Starwood Property Trust STWD, +7.27% commercial mortgage real estate investment trust, said Tuesday it has signed an agreement with privately held electric vehicle charging company EnviroSpark to bring more than 400 charging stations to 80 multi-family home properties owned by Starwood across the U.S. The chargers will be installed in the next six to 12 months and offer EV charging to more than 55,000 consumers across 12 states. Atlanta-based EnviroSpark was founded in 2014.

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