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  <xs:element id="stwd_LoansHeldForInvestmentCommercialMember" abstract="true" name="LoansHeldForInvestmentCommercialMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_FirstPriorityInfrastructureReceivablesMember" abstract="true" name="FirstPriorityInfrastructureReceivablesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_Rating1Member" abstract="true" name="Rating1Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_Rating2Member" abstract="true" name="Rating2Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_Rating3Member" abstract="true" name="Rating3Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_Rating4Member" abstract="true" name="Rating4Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_Rating5Member" abstract="true" name="Rating5Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_Rating6Member" abstract="true" name="Rating6Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_FinancialAssetLessThan90DaysPastDueMember" abstract="true" name="FinancialAssetLessThan90DaysPastDueMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_SeniorMortgageLoanMember" abstract="true" name="SeniorMortgageLoanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_ChicagoMember" abstract="true" name="ChicagoMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_OtherModificationsMember" abstract="true" name="OtherModificationsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_FinancingReceivableNumberOfMortgageLoans" abstract="false" name="FinancingReceivableNumberOfMortgageLoans" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_MortgageLoansOnRealEstateGrossCarryingAmountOfMortgagesNotOnNonaccrual" abstract="false" name="MortgageLoansOnRealEstateGrossCarryingAmountOfMortgagesNotOnNonaccrual" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_MortgageLoansOnRealEstateGrossCarryingAmountOfMortgagesNotOnNonaccrualAdditionalInterestAcquiredInPeriodFromThirdParty" abstract="false" name="MortgageLoansOnRealEstateGrossCarryingAmountOfMortgagesNotOnNonaccrualAdditionalInterestAcquiredInPeriodFromThirdParty" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_FinancingReceivableAmountPlacedOnNonaccrualDuringPeriod" abstract="false" name="FinancingReceivableAmountPlacedOnNonaccrualDuringPeriod" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_FinancingReceivableAmountOfNonaccrualLoansResolved" abstract="false" name="FinancingReceivableAmountOfNonaccrualLoansResolved" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_MortgageLoansOnRealEstateGrossCarryingAmountOfMortgagesNet" abstract="false" name="MortgageLoansOnRealEstateGrossCarryingAmountOfMortgagesNet" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_FinancingReceivableNonaccrualLoansResolvedSpecificReserveAmount" abstract="false" name="FinancingReceivableNonaccrualLoansResolvedSpecificReserveAmount" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_MortgageLoansOnRealEstateLoanForeclosureAndConvertedToEquityControlInterestDuringPeriodIncludingPreviouslyAccruedInterest" abstract="false" name="MortgageLoansOnRealEstateLoanForeclosureAndConvertedToEquityControlInterestDuringPeriodIncludingPreviouslyAccruedInterest" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_MortgageLoansOnRealEstateLoanForeclosureAndConvertedToEquityControlInterestDuringPeriod" abstract="false" name="MortgageLoansOnRealEstateLoanForeclosureAndConvertedToEquityControlInterestDuringPeriod" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_FinancingReceivableModifiedNumberOfLoans" abstract="false" name="FinancingReceivableModifiedNumberOfLoans" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_MortgageLoansOnRealEstateGrossCarryingAmountOfMortgagesModifiedPercentage" abstract="false" name="MortgageLoansOnRealEstateGrossCarryingAmountOfMortgagesModifiedPercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="stwd_FinancingReceivableModifiedInterestRateIncreaseDecrease" abstract="false" name="FinancingReceivableModifiedInterestRateIncreaseDecrease" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="stwd_FinancingReceivableModifiedNumberOfLoansInPortfolio" abstract="false" name="FinancingReceivableModifiedNumberOfLoansInPortfolio" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_MortgageLoansOnRealEstateGrossCarryingAmountOfMortgagesModified" abstract="false" name="MortgageLoansOnRealEstateGrossCarryingAmountOfMortgagesModified" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_FundedLoanCommitmentsMember" abstract="true" name="FundedLoanCommitmentsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_UnfundedLoanCommitmentLoansHeldForInvestmentMember" abstract="true" name="UnfundedLoanCommitmentLoansHeldForInvestmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_UnfundedLoanCommitmentHeldToMaturityPreferredInterestsMember" abstract="true" name="UnfundedLoanCommitmentHeldToMaturityPreferredInterestsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_FirstMortgageAndMezzanineLoanMember" abstract="true" name="FirstMortgageAndMezzanineLoanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_MortgageLoansOnRealEstateCapitalizedInterest" abstract="false" name="MortgageLoansOnRealEstateCapitalizedInterest" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_MortgageLoansOnRealEstateDiscountAccretionAndPremiumAmortization" abstract="false" name="MortgageLoansOnRealEstateDiscountAccretionAndPremiumAmortization" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_MortgageLoansOnRealEstateUnrealizedForeignCurrencyRemeasurementGainLoss" abstract="false" name="MortgageLoansOnRealEstateUnrealizedForeignCurrencyRemeasurementGainLoss" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_MortgageLoansOnRealEstateTransfers" abstract="false" name="MortgageLoansOnRealEstateTransfers" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_MarketableSecuritiesNonControllingInterest" abstract="false" name="MarketableSecuritiesNonControllingInterest" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_FairValueOptionSecuritiesMember" abstract="true" name="FairValueOptionSecuritiesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_ConsolidatedPartnershipMember" abstract="true" name="ConsolidatedPartnershipMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_PurchaseOfMarketableSecurities" abstract="false" name="PurchaseOfMarketableSecurities" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_SalesAndRedemptionOfMarketableSecurities" abstract="false" name="SalesAndRedemptionOfMarketableSecurities" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_AvailableForSaleSecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment" abstract="false" name="AvailableForSaleSecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_InvestmentSecuritiesWeightedAverageInterestRateStatedPercentage" abstract="false" name="InvestmentSecuritiesWeightedAverageInterestRateStatedPercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="stwd_InvestmentSecuritiesWeightedAverageLife" abstract="false" name="InvestmentSecuritiesWeightedAverageLife" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="stwd_AvailableForSaleSecuritiesVariableRateBasisPercentage" abstract="false" name="AvailableForSaleSecuritiesVariableRateBasisPercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="stwd_InfrastructureBondsMember" abstract="true" name="InfrastructureBondsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_PreferredEquityInvestmentMember" abstract="true" name="PreferredEquityInvestmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_ChoctawMississippiMember" abstract="true" name="ChoctawMississippiMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_StarwoodEuropeanRealEstateFinanceLimitedMember" abstract="true" name="StarwoodEuropeanRealEstateFinanceLimitedMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_InvestmentSecuritiesVariableRateAmount" abstract="false" name="InvestmentSecuritiesVariableRateAmount" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_InvestmentSecuritiesVariableRatePercentage" abstract="false" name="InvestmentSecuritiesVariableRatePercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="stwd_DebtSecuritiesAvailableForSaleCostOfThirdPartyManagement" abstract="false" name="DebtSecuritiesAvailableForSaleCostOfThirdPartyManagement" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_NumberOfSecuritiesWithUnrealizedLosses" abstract="false" name="NumberOfSecuritiesWithUnrealizedLosses" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_InvestmentSecuritiesFairValueBeforeConsolidationOfVariableInterestEntities" abstract="false" name="InvestmentSecuritiesFairValueBeforeConsolidationOfVariableInterestEntities" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_InvestmentSecuritiesUnpaidPrincipalBalanceBeforeConsolidationOfVariableInterestEntities" abstract="false" name="InvestmentSecuritiesUnpaidPrincipalBalanceBeforeConsolidationOfVariableInterestEntities" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_InvestmentSecuritiesFairValueBeforeConsolidationOfVariableInterestEntitiesEliminatedAgainstVariableInterestEntitiesLiabilities" abstract="false" name="InvestmentSecuritiesFairValueBeforeConsolidationOfVariableInterestEntitiesEliminatedAgainstVariableInterestEntitiesLiabilities" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_DebtSecuritiesHeldToMaturityAllowanceForCreditLossToDate" abstract="false" name="DebtSecuritiesHeldToMaturityAllowanceForCreditLossToDate" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_NumberOfCommercialLendingPreferredInterests" abstract="false" name="NumberOfCommercialLendingPreferredInterests" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_InvestmentInEquitySecuritiesNumberOfSharesAcquired" abstract="false" name="InvestmentInEquitySecuritiesNumberOfSharesAcquired" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="stwd_InvestmentInEquitySecuritiesNumberOfSharesRedeemed" abstract="false" name="InvestmentInEquitySecuritiesNumberOfSharesRedeemed" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="stwd_InvestmentInEquitySecuritiesNumberOfSharesRedeemedProceeds" abstract="false" name="InvestmentInEquitySecuritiesNumberOfSharesRedeemedProceeds" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLossAbstract" abstract="true" name="DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLossAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="stwd_DebtSecuritiesHeldToMaturityNet" abstract="false" name="DebtSecuritiesHeldToMaturityNet" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughThreeYearsNetCarryingAmount" abstract="false" name="HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughThreeYearsNetCarryingAmount" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_DebtSecuritiesHeldToMaturityAmortizedCostMaturityAllocatedAndSingleMaturityDateAfterYearThreeThroughYearFive" abstract="false" name="DebtSecuritiesHeldToMaturityAmortizedCostMaturityAllocatedAndSingleMaturityDateAfterYearThreeThroughYearFive" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveYearsNetCarryingAmount" abstract="false" name="HeldToMaturitySecuritiesDebtMaturitiesAfterFiveYearsNetCarryingAmount" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_FundamentalIncomePropertiesLLCMember" abstract="true" name="FundamentalIncomePropertiesLLCMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_PropertySegmentMember" abstract="true" name="PropertySegmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_MedicalOfficePortfolioMember" abstract="true" name="MedicalOfficePortfolioMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_MultifamilyConversionPropertyMember" abstract="true" name="MultifamilyConversionPropertyMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_InvestingAndServicingSegmentPropertyPortfolioMember" abstract="true" name="InvestingAndServicingSegmentPropertyPortfolioMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_CommercialAndResidentialLendingSegmentPropertyPortfolioMember" abstract="true" name="CommercialAndResidentialLendingSegmentPropertyPortfolioMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_NumberOfProperties" abstract="false" name="NumberOfProperties" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_AssetAcquisitionAreaOfAcquiredProperties" abstract="false" name="AssetAcquisitionAreaOfAcquiredProperties" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:decimalItemType"/>
  <xs:element id="stwd_AssetAcquisitionNumberOfStatesEntityOperatesIn" abstract="false" name="AssetAcquisitionNumberOfStatesEntityOperatesIn" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_AssetAcquisitionNumberOfIndustries" abstract="false" name="AssetAcquisitionNumberOfIndustries" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_AssetAcquisitionNumberOfTenants" abstract="false" name="AssetAcquisitionNumberOfTenants" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_AssetsAcquisitionNumberOfLeaseAgreements" abstract="false" name="AssetsAcquisitionNumberOfLeaseAgreements" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_AssetsAcquisitionLeaseAgreementsWeightedAverageLeaseBaseTerm" abstract="false" name="AssetsAcquisitionLeaseAgreementsWeightedAverageLeaseBaseTerm" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="stwd_NumberOfAdditionalPropertiesAcquired" abstract="false" name="NumberOfAdditionalPropertiesAcquired" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_NumberOfRealEstatePortfoliosSold" abstract="false" name="NumberOfRealEstatePortfoliosSold" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_NumberOfNetLeasePropertiesSold" abstract="false" name="NumberOfNetLeasePropertiesSold" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_NumberOfPropertiesInPortfolioInvestmentClosed" abstract="false" name="NumberOfPropertiesInPortfolioInvestmentClosed" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedTotalGrossPropertiesAndLeaseIntangibles" abstract="false" name="BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedTotalGrossPropertiesAndLeaseIntangibles" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDebt" abstract="false" name="BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDebt" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_NumberOfRetailPropertiesAcquired" abstract="false" name="NumberOfRetailPropertiesAcquired" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_NumberOfEquityInterestsInUnconsolidatedCommercialRealEstatePropertiesAcquired" abstract="false" name="NumberOfEquityInterestsInUnconsolidatedCommercialRealEstatePropertiesAcquired" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_RealEstateInvestmentLandImprovementsUsefulLife" abstract="false" name="RealEstateInvestmentLandImprovementsUsefulLife" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="stwd_RealEstateInvestmentBuildingAndBuildingImprovementsUsefulLife" abstract="false" name="RealEstateInvestmentBuildingAndBuildingImprovementsUsefulLife" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="stwd_RealEstateInvestmentFurnitureAndFixturesUsefulLife" abstract="false" name="RealEstateInvestmentFurnitureAndFixturesUsefulLife" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="stwd_WoodstarIPortfolioMember" abstract="true" name="WoodstarIPortfolioMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_WoodstarTwoPortfolioMember" abstract="true" name="WoodstarTwoPortfolioMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_A264UnitMultifamilyAffordableHousingCommunityMember" abstract="true" name="A264UnitMultifamilyAffordableHousingCommunityMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_NumberOfAffordableHousingCommunitiesInPortfolio" abstract="false" name="NumberOfAffordableHousingCommunitiesInPortfolio" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_NumberOfAffordableHousingUnitsInPortfolio" abstract="false" name="NumberOfAffordableHousingUnitsInPortfolio" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_NumberOfAffordableHousingCommunitiesAcquiredInPeriod" abstract="false" name="NumberOfAffordableHousingCommunitiesAcquiredInPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_NumberOfRealEstatePropertiesSold" abstract="false" name="NumberOfRealEstatePropertiesSold" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="stwd_OperatingDistributionsFromInvestment" abstract="false" name="OperatingDistributionsFromInvestment" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
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  <xs:element id="stwd_DebtInstrumentPercentageOfDividendPerShareDistributionThatExceedsMarketPriceOfCommonStockAsBasisForDebtConversion" abstract="false" name="DebtInstrumentPercentageOfDividendPerShareDistributionThatExceedsMarketPriceOfCommonStockAsBasisForDebtConversion" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
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  <xs:element id="stwd_IncomeLossFromContinuingOperationsBasic" abstract="false" name="IncomeLossFromContinuingOperationsBasic" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_IncomeLossFromContinuingOperationsDiluted" abstract="false" name="IncomeLossFromContinuingOperationsDiluted" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_IncrementalCommonSharesAttributableToNonParticipatingNonvestedShares" abstract="false" name="IncrementalCommonSharesAttributableToNonParticipatingNonvestedShares" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="stwd_NonControllingInterestSaleTermIncludingExtensions" abstract="false" name="NonControllingInterestSaleTermIncludingExtensions" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="stwd_HousingFundInvestmentFairValueDisclosure" abstract="false" name="HousingFundInvestmentFairValueDisclosure" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_FundInvestmentsMember" abstract="true" name="FundInvestmentsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_VariableInterestEntityAssetsMember" abstract="true" name="VariableInterestEntityAssetsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_VariableInterestEntityLiabilitiesMember" abstract="true" name="VariableInterestEntityLiabilitiesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_FairValueAssetsMeasuredOnRecurringBasisRealizedAndUnrealizedGainsAndLossesAbstract" abstract="true" name="FairValueAssetsMeasuredOnRecurringBasisRealizedAndUnrealizedGainsAndLossesAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="stwd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInChangeInFairValue" abstract="false" name="FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInChangeInFairValue" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAccretionAmortizationOfDiscountsAndPremiums" abstract="false" name="FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAccretionAmortizationOfDiscountsAndPremiums" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3Net" abstract="false" name="FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3Net" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetDeconsolidationsOfVariableInterestEntity" abstract="false" name="FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetDeconsolidationsOfVariableInterestEntity" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_AmountOfUnrealizedGainsLossesAttributableToAssetsStillHeldAbstract" abstract="true" name="AmountOfUnrealizedGainsLossesAttributableToAssetsStillHeldAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="stwd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAttributableToAssetsStillHeldAtEndOfPeriod" abstract="false" name="FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAttributableToAssetsStillHeldAtEndOfPeriod" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLossAttributableToAssetsStillHeldAtEndOfPeriod" abstract="false" name="FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLossAttributableToAssetsStillHeldAtEndOfPeriod" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_SecuredDebtPrincipalAmountOutstandingOnLoansSecuritizedAndParticipatingMortgageLoansParticipationLiabilitiesAmount" abstract="false" name="SecuredDebtPrincipalAmountOutstandingOnLoansSecuritizedAndParticipatingMortgageLoansParticipationLiabilitiesAmount" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_MeasurementInputFicoScoreMember" abstract="true" name="MeasurementInputFicoScoreMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_MeasurementInputLoanToStabilizedValueMember" abstract="true" name="MeasurementInputLoanToStabilizedValueMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_MeasurementInputPurchasePriceMember" abstract="true" name="MeasurementInputPurchasePriceMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_MeasurementInputDelinquencyRateMember" abstract="true" name="MeasurementInputDelinquencyRateMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_MeasurementInputServicerAdvancesMember" abstract="true" name="MeasurementInputServicerAdvancesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_MeasurementInputDiscountRatePropertiesMember" abstract="true" name="MeasurementInputDiscountRatePropertiesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_MeasurementInputDiscountRateDebtMember" abstract="true" name="MeasurementInputDiscountRateDebtMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_MeasurementInputTerminalCapitalizationRateMember" abstract="true" name="MeasurementInputTerminalCapitalizationRateMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_MeasurementInputDirectCapitalizationRateMember" abstract="true" name="MeasurementInputDirectCapitalizationRateMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_MeasurementInputImpliedCapitalizationRateMember" abstract="true" name="MeasurementInputImpliedCapitalizationRateMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_VariableInterestEntityAssetsMeasurementInput" abstract="false" name="VariableInterestEntityAssetsMeasurementInput" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:decimalItemType"/>
  <xs:element id="stwd_VariableInterestEntityAssetsDuration" abstract="false" name="VariableInterestEntityAssetsDuration" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="stwd_VariableInterestEntityLiabilitiesMeasurementInput" abstract="false" name="VariableInterestEntityLiabilitiesMeasurementInput" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:decimalItemType"/>
  <xs:element id="stwd_VariableInterestEntityLiabilitiesDuration" abstract="false" name="VariableInterestEntityLiabilitiesDuration" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="stwd_IncomeTaxTable" abstract="true" name="IncomeTaxTable" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrldt:hypercubeItem" type="xbrli:stringItemType"/>
  <xs:element id="stwd_TRSSubsidiariesMember" abstract="true" name="TRSSubsidiariesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_IncomeTaxLineItems" abstract="true" name="IncomeTaxLineItems" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="stwd_IncomeTaxReconciliationIntraEntityTransfer" abstract="false" name="IncomeTaxReconciliationIntraEntityTransfer" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_EffectiveIncomeTaxRateReconciliationIntraEntityTransfer" abstract="false" name="EffectiveIncomeTaxRateReconciliationIntraEntityTransfer" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="stwd_LoanFundingCommitmentsMember" abstract="true" name="LoanFundingCommitmentsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_RevolversAndLettersOfCreditCommitmentsMember" abstract="true" name="RevolversAndLettersOfCreditCommitmentsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_DelayedDrawTermLoansMember" abstract="true" name="DelayedDrawTermLoansMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_ConstructionFundingCommitmentsMember" abstract="true" name="ConstructionFundingCommitmentsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_LoansWithFutureFundingCommitmentsValue" abstract="false" name="LoansWithFutureFundingCommitmentsValue" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_LoansWithFutureFundingCommitmentsValueExpectedToFund" abstract="false" name="LoansWithFutureFundingCommitmentsValueExpectedToFund" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_OperatingSegmentsAndCorporateNonSegmentMember" abstract="true" name="OperatingSegmentsAndCorporateNonSegmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_SecondRevolvingWarehouseCreditFacilityMember" abstract="true" name="SecondRevolvingWarehouseCreditFacilityMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="stwd_LineOfCreditFacilityCommittedAmount" abstract="false" name="LineOfCreditFacilityCommittedAmount" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_LineOfCreditFacilityUncommittedAmount" abstract="false" name="LineOfCreditFacilityUncommittedAmount" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="stwd_LineOfCreditFacilityAdvanceRatePercentage" abstract="false" name="LineOfCreditFacilityAdvanceRatePercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
</xs:schema>
