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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 Mortgage Trust (NYSE: BXMT) announced a dividend of $0.62 per share for Q1 2022, payable on April 14, 2022. The record date for this dividend is March 31, 2022. This real estate finance company focuses on originating senior loans collateralized by commercial real estate, primarily in North America, Europe, and Australia. Blackstone Mortgage Trust aims to protect shareholder capital while delivering risk-adjusted returns through dividends from its loan portfolio.

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Blackstone Mortgage Trust (NYSE:BXMT) announced that Katie Keenan, CEO, will present at the Citi Global Property Conference on March 8, 2022, at 11:15am ET. A live webcast of the event will be accessible on Blackstone's website, with a replay available post-event. Blackstone Mortgage Trust specializes in originating senior loans secured by commercial real estate across North America, Europe, and Australia, aiming to preserve shareholder capital and provide attractive risk-adjusted returns primarily through dividends.

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Blackstone (NYSE: BX) has announced the recapitalization of Mileway, its last mile logistics company, valued at €21 billion, marking the largest private real estate transaction ever. Existing investors will have the option to maintain or increase their holdings or exit for cash as part of a 'go-shop' process. Over the past six years, Mileway has grown to become Europe's largest last mile logistics portfolio with 1,700 assets across 10 countries, demonstrating strong investor confidence in the logistics sector.

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Blackstone Mortgage Trust (NYSE:BXMT) announced its fourth quarter and full year 2021 results, reporting a full year EPS of $2.77, Distributable EPS of $2.62, and dividends paid per share of $2.48. CEO Katie Keenan highlighted record originations and strong credit performance, positioning BXMT as a low-leverage, floating rate lender poised for further growth in 2022. A conference call discussing these results is scheduled for 9:00 a.m. ET today, with details available on their website.

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Blackstone Mortgage Trust (NYSE: BXMT) announced the tax treatment of its 2021 class A common stock dividends. For the tax year ending December 31, 2021, total cash dividends amounted to $2.48 per share, with ordinary dividends contributing $0.09 and capital gains totaling $0.29. Cash distribution for January 15, 2022, is treated as received on December 31, 2021, impacting earnings and profits. Key details include $0.33 reported for 2022 and $0.29 for 2021 on the respective Form 1099s.

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Blackstone Mortgage Trust (BXMT) announced its upcoming fourth quarter and full year 2021 earnings presentation to be published on its website on February 9, 2022. The presentation will be accompanied by a conference call at 9:00 a.m. ET to discuss the results. BXMT specializes in originating senior loans secured by commercial real estate across North America, Europe, and Australia, focusing on preserving shareholder capital and providing attractive risk-adjusted returns through dividends. A webcast replay will be available two hours after the event.

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Bluerock Residential Growth REIT (NYSE American: BRG) announced a definitive agreement with Blackstone Real Estate to acquire all outstanding shares for $24.25 per share, totaling $3.6 billion. The acquisition covers 30 multifamily properties with approximately 11,000 units, primarily located in major cities like Atlanta and Phoenix. Concurrently, BRG plans to spin off its single-family rental business into a new entity, Bluerock Homes Trust (BHOM). This transaction, expected to close in Q2 2022, represents a 124% premium over BRG's stock price prior to the acquisition announcement.

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Blackstone Mortgage Trust (NYSE: BXMT) announced a $0.62 per share dividend for Q4 2021, payable on January 14, 2022, to shareholders on record as of December 31, 2021. The company focuses on originating senior loans collateralized by commercial real estate across North America, Europe, and Australia. The investment objective is to preserve shareholder capital while generating attractive risk-adjusted returns primarily through dividends from its loan portfolio.

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Blackstone (NYSE: BX) and Cabot Properties announced the acquisition of $2.8 billion in logistics assets across the U.S. and Europe. Blackstone's Real Estate Income Trust acquired a 102-property U.S. portfolio totaling 15.2 million sq. ft., while 22 properties in Europe, covering 2.2 million sq. ft., were purchased by Blackstone’s European Core+ business. This transaction caps a 20-year investment program for Cabot, contributing to a total of approximately $5 billion in three major deals with Blackstone in four years.

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Blackstone Mortgage Trust, Inc. (NYSE: BXMT) has successfully closed its public offering of 10,000,000 shares of class A common stock, raising approximately $314 million in net proceeds after expenses. The company plans to allocate these funds for working capital and to support the origination of additional commercial mortgage loans and investments. The underwriters were granted a 30-day option to purchase up to 1,500,000 additional shares. Major financial institutions, including Citigroup and BofA Securities, managed the offering.

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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 $17.72 as of January 22, 2025.

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

The market cap of Blackstone Mortgage Trust (NEW) (BXMT) is approximately 3.1B.

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

3.13B
170.67M
1.32%
66.89%
12.53%
REIT - Mortgage
Real Estate Investment Trusts
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United States of America
NEW YORK