Blackstone Mtg Tr Inc Stock Price, News & Analysis

Allegiant Travel Company (NASDAQ: ALGT) has announced the sale of its Sunseeker Resort Charlotte Harbor to Blackstone Real Estate (NYSE: BX) for $200 million. The transaction involves a newly-built resort featuring 785 rooms across 22 waterfront acres on Florida's Gulf Coast.

The resort includes extensive amenities such as multiple dining venues, two pools, a spa, fitness center, rooftop adult pool and bar, a championship golf course, and over 60,000 square feet of indoor meeting space. Allegiant plans to use the proceeds to repay debt and strengthen its balance sheet. The deal is expected to close in Q3 2025, subject to customary conditions.

Blackstone Mortgage Trust (NYSE: BXMT) has scheduled its second-quarter 2025 earnings release for July 30, 2025, before market open. The company will host a conference call at 9:00 a.m. ET on the same day to discuss the results.

The earnings presentation will be available on BXMT's website, and the company will file its Form 10-Q pre-market. A webcast replay will be accessible on the company's website approximately two hours after the live event.

Hotel del Coronado has completed a landmark $550+ million restoration project, marking a significant transformation of the historic Victorian property. The renovation, backed by Blackstone Real Estate, included a complete revitalization of the Victorian building's front porch, lobby, guestrooms, and event spaces. Notable additions include two new dining venues: Nobu Del Coronado and Veranda restaurant. The project maintained historical accuracy while modernizing amenities, featuring restored Victorian ballrooms, a recreated garden courtyard with the Naiad Queen Fountain, and upgraded facilities throughout the property. The comprehensive development also introduced Shore House, Southpointe event center, and renovated Beach Village, creating over 300 new resort jobs and thousands of construction positions.

Blackstone Mortgage Trust (NYSE: BXMT) has announced a quarterly dividend of $0.47 per share for Q2 2025. The dividend will be distributed to class A common stockholders on July 15, 2025. To be eligible for this dividend payment, investors must be stockholders of record by the close of business on June 30, 2025. This dividend declaration demonstrates BXMT's continued commitment to providing regular returns to its shareholders.

Blackstone Mortgage Trust reported mixed first-quarter 2025 results, with a net loss of $0.4 million. The company posted $(0.00) in EPS, while Distributable EPS reached $0.17 and Distributable EPS prior to charge-offs was $0.42. The quarterly dividend payment remained at $0.47 per basic share.

CEO Katie Keenan highlighted strong portfolio activity with $1.6 billion in new originations and $2.2 billion in repayments and resolutions. The company maintains a robust liquidity position of $1.6 billion, supporting its scaled platform and cycle-tested balance sheet in the current market environment.

The company will host a conference call at 9:00 a.m. ET to discuss these results, with a recorded replay available on their website approximately two hours after the event.

Blackstone (NYSE: BX) has agreed to acquire a 95% stake in an industrial portfolio from Crow Holdings for $718 million. The portfolio comprises 25 Class A buildings totaling 6 million square feet, primarily located in Dallas and Houston's high-barrier submarkets.

Crow Holdings and its partners will maintain a 5% ownership in the portfolio. The acquisition aligns with Blackstone's logistics-focused investment strategy, where they currently own over $90 billion of warehouses in North America and nearly $170 billion globally. The transaction is set to close in the second quarter of 2025.

The deal comes at a time when the logistics sector shows strong fundamentals, with vacancy and new construction starts down more than 80% from the 2022 peak.

Blackstone Mortgage Trust (NYSE: BXMT) has scheduled its first-quarter 2025 earnings release and conference call. The company will publish its Q1 2025 earnings presentation and Form 10-Q pre-market on Wednesday, April 30, 2025. A conference call will be held the same day at 9:00 a.m. ET to discuss the results. A webcast replay will be available on the company's website approximately two hours after the event.

Blackstone Mortgage Trust (NYSE: BXMT) has announced its quarterly dividend declaration for Q1 2025. The company will distribute $0.47 per share of class A common stock to shareholders. The dividend will be paid on April 15, 2025, to stockholders who are on record as of the market close on March 31, 2025.