# Starwood REIT Offshore Fund , SPC # Starwood REIT Offshore Fund , SPC
**New Category**Investment in Private Company
**Investment Manager**Starwood Capital Group
**Fund Status**Open
**Archive**No
**Custodian**SS&C Technologies Inc
**Jurisdiction**Cayman Islands
**T1135 Reporting**Yes (unless holds more than 10% - T1134)
**Currency**USD
**Tax Slip**Form 1099, Tax Summary Statement
**Receiver** **of Tax Receipt**RFO / Client
**Tax Slips Expected** February
**Statements Expected** Monthly
**Accounting** **Treatment**Distributions should be treated as dividends and are considered as foreign dividend income. If there's redemption of shares, capital gains/losses need to be calculated. Please reconcile at year-end.
**Tax Memo/** **Tax Treatment**Canadians own shares of a Cayman Corporation. To the extent distributions are made by the Cayman entity, they are considered as foreign dividend income. In case of a redemption of shares, a capital gain will arise.
**US Tax Return Required**No
**Type**Corporation
**Nature** **of Investment**Fund invests in Starwood REIT, which is a publicly registered, but not publicly traded, primarily U.S. REIT with a focus on multi-family & industrial properties.
**Notes**