Welcome to our dedicated page for Blackstone Mortgage Trust (NEW) news (Ticker: BXMT), a resource for investors and traders seeking the latest updates and insights on Blackstone Mortgage Trust (NEW) stock.
Blackstone Mortgage Trust, Inc. (BXMT) is a prominent real estate finance company primarily engaged in the origination and acquisition of senior loans secured by commercial properties. Operating extensively across North America, Europe, and Australia, BXMT's asset portfolio predominantly consists of floating rate loans anchored by senior mortgages. The company focuses on high-value properties, including office spaces, hotels, and manufactured housing, with key assets located in prime regions such as New York, California, and the United Kingdom.
Managed by a subsidiary of The Blackstone Group, Blackstone Mortgage Trust leverages the extensive market data and insights provided by its parent entity. This relationship underpins its strategic operations and market decisions, enhancing its competitive edge. The company's primary source of revenue is interest income generated from its extensive loan portfolio.
In recent developments, Blackstone Mortgage Trust has continued to solidify its position in the market through strategic acquisitions and the origination of high-quality loans. The company’s robust financial health and strategic partnerships underscore its commitment to delivering sustainable growth and value to its shareholders.
BXMT's ongoing projects reflect its dedication to maintaining a diversified and resilient real estate portfolio, ensuring steady revenue streams and mitigating risks associated with market fluctuations. By focusing on prime commercial properties and leveraging the expertise of The Blackstone Group, Blackstone Mortgage Trust remains a key player in the real estate finance sector.
Blackstone Mortgage Trust (NYSE: BXMT) has appointed Nnenna Lynch to its Board of Directors, effective immediately. Lynch, founder and CEO of Xylem Projects, has extensive experience in real estate investment, development, and urban redevelopment. Her background includes leading initiatives in public and private sectors and serving as Managing Principal for The Georgetown Company. Michael B. Nash, Executive Chairman, expressed enthusiasm for Lynch's expertise in areas such as affordable housing and public policy, which will enhance BXMT's growth strategy.
Blackstone Mortgage Trust (NYSE: BXMT) will release its second quarter 2021 earnings presentation on July 28, 2021. The earnings report will be available on their website, and a conference call is scheduled for the same day at 9:00 a.m. ET to discuss results. Blackstone Mortgage Trust focuses on originating senior loans collateralized by commercial real estate across North America, Europe, and Australia, aiming to ensure attractive risk-adjusted returns for shareholders through dividends derived from its loan portfolio.
Blackstone Mortgage Trust (NYSE: BXMT) announced a dividend of $0.62 per share for Q2 2021, payable on July 15, 2021, to stockholders of record by June 30, 2021. This dividend aims to deliver attractive risk-adjusted returns primarily through income from its loan portfolio. The company originates senior loans secured by commercial real estate across various regions, focusing on preserving shareholder capital.
Blackstone Mortgage Trust (NYSE:BXMT) has announced Katie Keenan as CEO, effective June 30, 2021, succeeding Steve Plavin, who will focus on BREDS' European operations. This change follows a multi-year transition plan where Keenan's leadership has driven a portfolio growth of over 50%, reaching $18.7 billion. The company has maintained strong credit performance with a 10.8% annualized total return for shareholders. Keenan has overseen the origination of over $8 billion in loans since joining in 2012, indicating her significant experience and capability.
Blackstone Mortgage Trust (NYSE:BXMT) reported strong first quarter 2021 results, with $1.7 billion in new loans closed and a nearly $700 million increase in its portfolio. CEO Stephen D. Plavin emphasized the company’s balanced sheet optimization, positioning BXMT to leverage future investment opportunities. The complete financial results are available on their website. A conference call for investors is scheduled for today at 9:00 a.m. ET to discuss these results and future outlooks.
Blackstone Mortgage Trust (NYSE: BXMT) will publish its Q1 2021 earnings presentation on its website and file its Form 10-Q on April 28, 2021, pre-market. A conference call is scheduled for 9:00 a.m. ET on the same day to discuss the results. The company specializes in originating senior loans backed by commercial real estate across North America, Europe, and Australia, focusing on preserving shareholder capital while generating attractive risk-adjusted returns.
Blackstone Mortgage Trust (NYSE: BXMT) announced a quarterly dividend of $0.62 per share for Q1 2021, payable on April 15, 2021, to stockholders of record as of March 31, 2021. The company focuses on originating senior loans backed by commercial real estate in North America, Europe, and Australia, aiming to preserve shareholder capital while generating attractive returns primarily through dividends from its loan portfolio. Blackstone Mortgage Trust is externally managed by BXMT Advisors, a subsidiary of Blackstone.
Blackstone Mortgage Trust (NYSE:BXMT) announced that CEO Steve Plavin will present at the Citi 2021 Global Property CEO Conference on March 8, 2021, at 9:00 am ET. A live webcast will be available on BXMT's website, with a replay accessible one hour after the event.
Blackstone Mortgage Trust focuses on senior loans collateralized by commercial real estate across North America, Europe, and Australia. Its objective is to protect shareholder capital while generating attractive risk-adjusted returns.
Blackstone Mortgage Trust (NYSE:BXMT) announced its fourth quarter and full year 2020 results, reporting an EPS of $0.97 and Distributable EPS of $2.48. The company maintained strong credit performance despite declining rates, demonstrating robust earnings through careful asset selection and disciplined underwriting. CEO Stephen D. Plavin attributed the results to Blackstone's affiliation, which enhances their lending capabilities.
The company will host an investor call to discuss these results at 9:00 a.m. ET today, with additional details available on their website.
Blackstone Mortgage Trust (NYSE: BXMT) announced the tax treatment of its 2020 class A common stock dividends. For the tax year ending December 31, 2020, shareholders will receive a total of $2.48 in cash distributions per share, with $0.20 reported for 2020 on Form 1099 and $0.42 for 2021. Notably, of the total dividends, $0.42 reflects an adjustment due to earnings exceeding distributions. The ordinary dividends may qualify for a 20% deduction under IRC Section 199A.
FAQ
What is the current stock price of Blackstone Mortgage Trust (NEW) (BXMT)?
What is the market cap of Blackstone Mortgage Trust (NEW) (BXMT)?
What does Blackstone Mortgage Trust, Inc. (BXMT) do?
Where are Blackstone Mortgage Trust's key assets located?
What type of properties does BXMT focus on?
How does Blackstone Mortgage Trust generate revenue?
Who manages Blackstone Mortgage Trust?
What is the significance of BXMT's relationship with The Blackstone Group?
What are recent achievements of Blackstone Mortgage Trust?
What is the primary focus of BXMT's current projects?
What type of loans are included in BXMT's portfolio?
How does BXMT mitigate market risks?
