Company Name: Blackstone Mortgage Trust, Inc.

Stock Symbol: BXMT

Industry: Mortgage Real Estate Investment Trust (REIT)

Sector: Real Estate

Employees: Approximately 200

Fly High Status: Not in the Portfolio 

Recent Sentiment on BXMT (last update 11/30/24):

The company's affiliation with Blackstone had offered a competitive advantage in sourcing and managing investments, further contributing to its ability to generate steady income, However BXMT recently slashed its dividend by 24% due to persistent office loan performance problems, and based on EPS estimates, BXMT may not be able to sustain its current dividend in the coming year. For these reasons we no longer have BXMT in the current portfolio.

Company Summary:

Blackstone Mortgage Trust, Inc. (BXMT) is a publicly traded Real Estate Investment Trust (REIT) that originates and acquires senior loans collateralized by commercial real estate in North America, Europe, and Australia. The company is externally managed by BXMT Advisors L.L.C., a subsidiary of Blackstone, one of the world's leading investment firms. BXMT's primary objective is to provide attractive risk-adjusted returns through dividends and capital preservation.

BXMT's investment strategy is focused on originating and purchasing high-quality, floating-rate senior mortgages secured by commercial properties. The company's portfolio includes loans on various property types, including office, hospitality, industrial, and multifamily assets. This diversity helps to mitigate risk and provides stability to BXMT's income streams.

The company benefits from Blackstone's extensive real estate and credit expertise, global platform, and deep industry relationships, which enhance its ability to source and manage high-quality investments.

URLs:

Blackstone Mortgage Trust, Inc. Website

Blackstone Mortgage Trust, Inc. LinkedIn

Blackstone Mortgage Trust, Inc. Facebook

Summary:

Blackstone Mortgage Trust, Inc. operates as a mortgage REIT focusing on senior loans secured by commercial real estate.

Reminder: past performance is not indicative of how an investment will perform in the future, before making any investment decisions based on this information, and/or the information contained on the website, refer to the TERMS OF SERVICES.

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