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Blackstone Mortgage Trust, Inc. (NEW) - BXMT STOCK NEWS

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.

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Blackstone (BX) to Acquire AIR Communities (AIRC) for $10 Billion, Investing $400 Million in Portfolio Enhancement
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Blackstone Mortgage Trust, Inc. (BXMT) to release first quarter 2024 earnings presentation and file Form 10-Q on April 24, 2024. Conference call scheduled for 9:00 a.m. ET to review results.
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Rexford Industrial Realty, Inc. acquires 3 million sq ft of industrial properties in Southern California from Blackstone for $1.0 billion. The portfolio includes 48 properties with an average price of $332 per sq ft, generating a 4.7% initial cash yield and 5.6% stabilized cash yield. The investments were funded through senior note offerings and cash on hand, strengthening the company's position in the high-demand industrial market.
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Blackstone Mortgage Trust, Inc. (BXMT) announces a dividend of $0.62 per share for Q1 2024, payable on April 15, 2024, to stockholders of record as of March 28, 2024.
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Blackstone Mortgage Trust (BXMT) reported strong fourth quarter and full year 2023 results, with net income of $247 million. The full year EPS, Distributable EPS, and dividends paid per basic share were $1.43, $3.05, and $2.48 respectively. CEO Katie Keenan highlighted the resilience of BXMT's business amidst challenges in 2023, emphasizing strong earnings and near-record liquidity. The company is well-positioned to manage its portfolio and capitalize on opportunities in 2024.
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Blackstone Mortgage Trust, Inc. (BXMT) has announced the tax treatment of its 2023 class A common stock dividends. The company declared a total of $2.48 per share in dividends for the tax year ended December 31, 2023, with portions eligible for capital gains tax rates and the 20% deduction applicable to 'qualified REIT dividends' under IRC Section 199A(b)(1)(B). Shareholders are advised to consult their tax advisor for further guidance.
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Blackstone Mortgage Trust, Inc. (BXMT) to release Q4 and full year 2023 earnings presentation on February 14th, 2024. Conference call scheduled for 9:00 a.m. ET on the same day.
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Blackstone Mortgage Trust, Inc. (BXMT) declares $0.62 dividend per share for Q4 2023
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Blackstone Real Estate Debt Strategies (BREDS), Blackstone Real Estate Income Trust, Inc. (BREIT), Canada Pension Plan Investment Board (CPPIB) and Rialto Capital form a joint venture with the FDIC to acquire a 20% equity stake for $1.2 billion in a $16.8 billion senior mortgage loan portfolio following the failure of Signature Bank. The commercial real estate loan portfolio consists of over 2,600 first mortgage loans on properties in the New York metropolitan area. Blackstone will be the lead asset manager, and Rialto Capital will act as the loan servicer and operating partner.
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Blackstone Mortgage Trust reports Q3 2023 results with net income of $30 million. EPS, Distributable EPS, and dividends paid per basic share were $0.17, $0.78, and $0.62 respectively. CEO Katie Keenan expresses confidence in the company's ability to navigate volatility and capitalize on opportunities.
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FAQ

What is the current stock price of Blackstone Mortgage Trust (NEW) (BXMT)?

The current stock price of Blackstone Mortgage Trust (NEW) (BXMT) is $18.78 as of November 21, 2024.

What is the market cap of Blackstone Mortgage Trust (NEW) (BXMT)?

The market cap of Blackstone Mortgage Trust (NEW) (BXMT) is approximately 3.2B.

What does Blackstone Mortgage Trust, Inc. (BXMT) do?

BXMT is a real estate finance company that originates and acquires senior loans secured by commercial properties in North America, Europe, and Australia.

Where are Blackstone Mortgage Trust's key assets located?

The key assets are primarily located in New York, California, and the United Kingdom.

What type of properties does BXMT focus on?

BXMT focuses on office spaces, hotels, and manufactured housing properties.

How does Blackstone Mortgage Trust generate revenue?

Blackstone Mortgage Trust generates nearly all of its revenue from interest income derived from its extensive loan portfolio.

Who manages Blackstone Mortgage Trust?

Blackstone Mortgage Trust is managed by a subsidiary of The Blackstone Group.

What is the significance of BXMT's relationship with The Blackstone Group?

The relationship provides BXMT with valuable market data and insights, enhancing its strategic operations and market decisions.

What are recent achievements of Blackstone Mortgage Trust?

BXMT has recently strengthened its market position through strategic acquisitions and the origination of high-quality loans.

What is the primary focus of BXMT's current projects?

The focus is on maintaining a diversified and resilient real estate portfolio, ensuring steady revenue streams.

What type of loans are included in BXMT's portfolio?

The portfolio primarily consists of floating rate loans anchored by senior mortgages.

How does BXMT mitigate market risks?

BXMT mitigates risks by focusing on prime commercial properties and leveraging the expertise of The Blackstone Group.

Blackstone Mortgage Trust, Inc. (NEW)

NYSE:BXMT

BXMT Rankings

BXMT Stock Data

3.23B
170.80M
1.32%
66.83%
13.53%
REIT - Mortgage
Real Estate Investment Trusts
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United States of America
NEW YORK