With a well-structured balance sheet and substantial liquidity, BXMT is strategically positioned to navigate the current environment.. Blackstone Mortgage Trust The underwriters will be granted a 30-day option by the Company to purchase up to an additional $45 million ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Leveraging certification can break through a cluttered marketplace by providing recognizable and validated accountability to consumers, partners and future hires. The acquisition price represents an approximately 4% cap rate in the first year and a 5.75% cap rate when adjusting to todays market rents. Blackstone Mortgage Trust, Inc. is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia. We serve institutional and individual investors by building strong businesses that deliver lasting Individual Investors & Financial Advisors, Do Not Sell or Share My Personal Information. Blackstone Mortgage Trust issued a full presentation of its fourth quarter and full year 2021 results, which can be viewed at www.bxmt.com. In collaboration with the City of New York, we preserved 5,000 affordable apartments for 20 years through our acquisition. Blackstone Mortgage Trust, Inc Zacks Equity Research Blackstone Mortgage Trust, Inc. is a real estate finance company, which engages in originating senior loans collateralized by commercial real estate. The Plan has two components: a dividend reinvestment component and a direct stock purchase component. See our report's 7 new picks today, absolutely FREE. Year-over-year quarterly sales growth most recently was 109.6%. Blackstone And, of course, Prologis is a world-class company that knows this space as well as anyone.. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. Blackstone Mortgage Trust Inc (Symbol: BXMT) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. For office-specific contact information, please visitour offices page. Analysts expect adjusted earnings to reach $2.761 per share for the current fiscal year. Issuer: Blackstone Mortgage Trust, Inc. Debt Level: senior secured Issue: USD 948.75 mln Floating LIBOR 2.25% Term Loan B 23-Apr-2026. Our scale with more than 12,000 real estate assets and 230+ portfolio companies enables us to invest in dynamic sectors positioned for long-term growth. Blackstone Mortgage Trust | BXMT Stock Price, Company More than focusing on standard cybersecurity and privacy practices, tech companies must create a sense of confidence for end users to trust digital services and devices. For office-specific contact information, please visit our our offices page. We are externally managed by BXMT Advisors L.L.C., a subsidiary of Blackstone. BXMT. In 2019, we acquired Network Rails U.K. commercial property estate, a high-quality portfolio of primarily infill railway arches, concentrated in central London around key transport hubs and launched The Arch Company to manage the portfolio. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Reported on 4/26/23. NEW YORK--(BUSINESS WIRE)-- WebBlackstone Mortgage Trust (BXMT) Outpaces Stock Market Gains: What You Should Know. Blackstone Mortgage Trust With near record low vacancy, logistics remains a high conviction theme for us; we are proud owners of $100 billion of warehouses in North America and $175 billion in total around the world. Were pleased to be working with Blackstone on this deal. WebAbout Blackstone Mortgage Trust. Blackstone Mortgage Trust, Inc. (BXMT) - free report >>. Blackstone Mortgage Trust When did Blackstone Mortgage Trust last increase or decrease its dividend? Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. Making the world smarter, happier, and richer. Remote Employee Offboarding For Trust And Reputation, Nevada Orders Custodian Prime Trust To End Operations, Think Tanks: 3 Keys For Restoring Political Trust, Who Do Small Businesses Trust? Afghanistan To Avoid Sanctions As Womens Cricket Remains Unlikely To Restart Amid Taliban Rule. For those unable to listen to the live broadcast, a recorded replay will be available on the company's website at www.bxmt.com beginning approximately two hours after the event. A Division of NBCUniversal. The total transaction amounted to $114,983. Eastdil Secured, Barclays, BofA Securities, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, PJT Partners and Wells Fargo acted as financial advisors to Blackstone, and Simpson Thacher & Bartlett LLP acted as legal advisor. Third quarter EPS, Distributable EPS, and dividends paid per share were $0.56, $0.63, and $0.62, respectively. NEW YORK-- (BUSINESS WIRE)-- Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its fourth quarter and full year 2021 results. Nadeem Meghji, Blackstone's head of real estate for the Americas, joins 'Squawk on the Street' to discuss the current commercial real estate space, whether in Blackstone Mortgage Trust (BXMT 1.65%) is a mortgage REIT (mREIT) yielding about 7.9% based on a stock price of roughly $31 a share. View source version on businesswire.com: The portfolio benefits from robust tenant demand as continued e-commerce growth has driven an increased need for welllocated warehouses across Europe. To learn more, click here. Blackstone StuyTown-Peter Cooper Village is a high-quality apartment community totaling over 11,200 units in 56 buildings on 80 acres in Manhattan. Blackstone Mortgage Trust Follow @blackstone on LinkedIn, Twitter, and Instagram. Ultimately, your ability to build authority comes from within from how you perceive yourself and your business. WebAs of June 28, 2023, Blackstone Mortgage Trust Inc had a relative dividend yield of 12.1% compared to the REITs - Specialized industry median of 6.7%. Blackstone Mortgage Trust: Top REIT Blackstone Blackstone Mortgage Trust 29, 2023. ET to discuss results. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The sector continues to benefit from secular tailwinds including an aging population and acceleration in research & development spending. Director of Blackstone Mortgage Trust Purchased $114K In Stock Blackstone Mortgage Trust Reports Fourth Quarter and Full Year 2021 Results New York, February 9, 2022, Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its fourth quarter and full year 2021 results. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. About Blackstone Real EstateBlackstone is a global leader in real estate investing. Tesla Sets Q2 Delivery Record: ETFs to Buy, 3 Top-Tier Stocks Trading at Historical Discounts, META, NVDA and Independence Day: Global Week Ahead, Here's What to Expect for the Second Half of 2023. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction. For those unable to listen to the live broadcast, a recorded replay will be available on the company's website at www.bxmt.com beginning approximately two hours after the event. Blackstone Mortgage Trust Announces Tax Treatment WebBlackstone is the worlds largest alternative asset manager, with $991B in AUM. The company operates as a real estate investment trust for federal income tax purposes. The Company's investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns primarily through dividends Please note information in Our RE Portfolio Companies under Career Opportunities is being provided by Blackstone for informational purposes only. Blackstone Mortgage Trust, Inc. (NYSE: BXMT) has seen some stock price weakness lately and I am an aggressive buyer of the trusts stock. US: +1 888-756-8443. International: +1 646-313-6590. 3 Ultra-High-Yielding Real Estate Stocks to Buy With $3,000, 3 Ultra-High-Yield Dividend Stocks to Buy Before the Next Bull Market, This Stock Yields Over 8% and Could Be Worth a Look, Blackstone Mortgage Trust Takes Advantage of Strong Economy to Crush on Earnings, 1 New High-Yield Dividend Stock to Watch in 2015, How Blackstone Mortgage Trust and Starwood Property Trust Take Two Different Routes to Big Profits, Blackstone Mortgage Trust Inc (BXMT) Q1 2021 Earnings Call Transcript, Motley Fool Transcribers|Apr 28, 2021, Blackstone Mortgage Trust Inc (BXMT) Q3 2020 Earnings Call Transcript, Motley Fool Transcribers|Oct 30, 2020, Blackstone Mortgage Trust Inc (BXMT) Q1 2020 Earnings Call Transcript, Motley Fool Transcribers|Apr 30, 2020, Blackstone Mortgage Trust, Inc. (BXMT) Q2 2019 Earnings Call Transcript, Motley Fool Transcription|Jul 25, 2019, Copyright, Trademark and Patent Information. Blackstone Mortgage Trust specializes in 100% senior secured commercial real estate loans, mostly for the construction of new commercial buildings in North America and Europe. The REIT and Equity Trust industry is part of the Finance sector. We do this by using extraordinary people and flexible capital to help companies solve problems. Blackstone Mortgage Trust [emailprotected], Blackstone Mortgage Trust Reports First Quarter 2023 Results, https://event.webcasts.com/starthere.jsp?ei=1606776&tp_key=f9de1fe394, https://www.businesswire.com/news/home/20230426005579/en/, Data Privacy Notice for Non-U.S. Investors. -16.98%. We manage Blackstone Mortgage Trust (NYSE: BXMT), a leading real estate finance company that originates senior loans collateralized by commercial real estate. Real Estate - Blackstone Blackstone Mortgage Trust Blackstone Mortgage Trust (NYSE:BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia. Such statements involve uncertainties that could significantly impact our financial results. Given employers increasing demand for highly-skilled workers, we believe this sector is especially poised for growth in the coming years. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. Blackstone Mortgage Trust WebPaul D. Quinlan is a Senior Managing Director and Chief Financial Officer of the Blackstone Real Estate group. Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm. Since our first investment in 2011, we have built a portfolio that provides high-quality facilities and infrastructure to ensure a comfortable and enriching environment for our largely multinational tenants. We refer to Distributable EPS, which is a non-GAAP financial measure, in this release. For information on our privacy practices see our Privacy Policy. Forrester data shows trust is an imperative for every company big or small, new or old. Blackstone Mortgage Trust (Reuters) - Blackstone Real Estate Income Trust (BREIT) said on Monday that redemption requests declined in June after months of turmoil that led to the private equity Further information is available at www.blackstone.com. Note: All figures as of March 31, 2023, unless otherwise indicated, One of the most exciting things about our business is the scope of what were able to do given our people, scale, experience and differentiated strategies., We are high-conviction, thematic investors. Net income attributable to Blackstone Mortgage Trust for the first quarter was $118 million. Blackstone Mortgage Trust Inc (BXMT) Price & News - Google We equip businesses with an extensive range of tools and capabilities they need to grow. With the Fed's terminal rate now at ~5.6% and "higher for longer" narrative, Blackstone Mortgage Trust, Inc.'s 100% floating-rate portfolio is poised to earn a lot more (all else equal). Home. This acquisition expands the companys presence in key markets, including Atlanta, Baltimore/Washington DC, California (Southern California, Central Valley, SF Bay Area), Dallas, Las Vegas, New York/New Jersey, Phoenix and South Florida. This audio cast is copyrighted material of Blackstone Mortgage Trust and may not be duplicated without our consent. Blackstone Mortgage Trust (NYSE: BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate in North America and Europe. Blackstone Mortgage Trust At Blackstone, we deliver for investors by building businesses that power tomorrows economy. Katie Keenan, Chief Executive Officer, said, BXMTs accelerating momentum throughout the year led to exceptional performance in the third Blackstone Mortgage Trust, Inc. | Nareit You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Sign up for free newsletters and get more CNBC delivered to your inbox. Blackstone Mortgage Trust (BXMT) Stock Price Performance, Blackstone Mortgage Trust (BXMT) Stock Key Data, Total Enterprise Value to Total Revenue (ttm). Blackstone Mortgage Trust will host a conference call today at 9:00 a.m. Blackstone Mortgage Trust ET to discuss results. For press inquiries, contact[emailprotected]. Blackstone Mortgage Trust Thesehigh-quality properties are complementary to our portfolio and fit perfectly into our long-term strategic plan for growth, said Dan Letter, president, Prologis. To qualify as a REIT, Blackstone Mortgage Trust ( NYSE: BXMT) must distribute 90% of its statutory income to shareholders. To view recent press releases, click here. BioMed provides purpose-built facilities to support mission-critical research by leading scientists and institutions and provides companies with campuses that help them attract and retain top talent. While Blackstone believes ESG factors can enhance long-term value, Blackstone does not pursue an ESG-based investment strategy or limit its investments to those that meet specific ESG criteria or standards, except with respect to products or strategies that are explicitly designated as doing so in their offering documents or other applicable governing documents. Blackstone Mortgage Trust Travel and leisure is one of Blackstones highest-conviction themes, and Great Wolf Resorts continued popularity shows the strength in consumer demand for travel experiences. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company. Blackstone Mortgage Trust Forward-Looking StatementsThe statements in this document that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Business Matters: Central Mass. by the Numbers - Worcester Blackstone is the worlds largest alternative asset manager, with $991B in AUM. Measures how much net income or profit is generated as a percentage of revenue. Switchboard:+1 (212) 583-5000. Blackstone Mortgage Trust Investor Relations. To register for the webcast, please use the following link: In connection with these acquisitions, we build businesses that are set up to manage the underlying properties and ultimately maximize their value by instituting best-in-class management. Country: United States Sectors: Non-Bank Financial Institutions Blackstone Mortgage Trust Real time prices by BATS. Our opportunistic business seeks to acquire undermanaged, well-located assets across the world. All Rights Reserved. The findings of the Trust & Access to Capital 2023 survey were released this week. Our investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns primarily through dividends generated from
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