Blackstone Mortgage Trust reports developments for a publicly traded commercial mortgage REIT that originates, acquires and manages senior loans and other debt or credit-oriented investments tied to commercial real estate. Its portfolio is centered on senior loans secured by institutional real estate assets in major markets across North America, Europe and Australia, and the company is externally managed by BXMT Advisors L.L.C., a Blackstone subsidiary.
Recurring news covers quarterly operating and financial results, distributable earnings measures, dividends on Class A common stock, loan deployment, credit performance and balance-sheet financing. Company updates also address capital-structure actions such as secured debt financing, shareholder voting matters, material agreements and governance changes related to the board and senior officers.
Blackstone Mortgage Trust, Inc. (NYSE: BXMT) has launched a public offering of $300 million in convertible senior notes due 2027. The offering includes a 30-day option for underwriters to purchase an additional $45 million. Proceeds will be used for general corporate purposes, including repaying $402.5 million of existing debt and funding new commercial mortgage loans. The notes can be converted under specific circumstances, with the interest rate and conversion terms yet to be determined.
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.
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.
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.
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.
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.
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.
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.
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.
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.