Welcome to our dedicated page for Blackstone Mtg Tr news (Ticker: BXMT), a resource for investors and traders seeking the latest updates and insights on Blackstone Mtg Tr stock.
Blackstone Mortgage Trust, Inc. (NYSE: BXMT) generates a steady flow of company-specific news tied to its role as a real estate finance company focused on commercial real estate credit. This news page aggregates press releases and third-party coverage related to BXMT’s lending activity, earnings, dividends and corporate governance, giving readers a single place to review recent developments affecting the stock.
BXMT regularly announces quarterly and annual financial results, often accompanied by detailed presentations and earnings conference calls. These updates, which are also furnished to the SEC on Form 8-K, highlight net income, distributable earnings measures and dividends per share, and are central to understanding how the company’s portfolio of senior loans and other debt investments is performing.
Investors can also follow dividend declarations on BXMT’s news stream, where the company discloses board-approved dividends on its Class A common stock. These items are important for income-focused shareholders, given the company’s stated objective of generating attractive risk-adjusted returns primarily through dividends from current income.
In addition, BXMT news includes corporate and governance updates, such as changes in executive leadership and board composition. Recent announcements have covered the appointment of new directors and adjustments to senior management roles, which are also described in related SEC filings.
Because Blackstone Mortgage Trust is externally managed by a subsidiary of Blackstone, some news items also reference broader Blackstone Real Estate Debt Strategies activity that involves BXMT. By reviewing this page regularly, readers can monitor how earnings releases, dividend decisions, leadership changes and other events may relate to the company’s commercial real estate credit strategy and NYSE-listed shares.
Blackstone Mortgage Trust (NYSE: BXMT) will release its third quarter 2021 earnings presentation on October 27, 2021, filing the Form 10-Q pre-market. A conference call is scheduled for 9:00 a.m. ET on the same day to discuss the results. The earnings presentation will be available on the company's website, www.bxmt.com. This marks a significant opportunity for investors to evaluate BXMT’s performance and strategic direction.
Blackstone Mortgage Trust, Inc. (NYSE:BXMT) has successfully closed a private offering of $400 million in its 3.750% senior secured notes due 2027. After deducting estimated expenses, the net proceeds amount to approximately $395 million. The offering was made to qualified institutional buyers, exempting it from the registration requirements under the Securities Act. The notes are secured and guaranteed by the company's subsidiaries. This funding supports BXMT's business strategy focused on originating senior loans collateralized by commercial real estate.
MGM Resorts International has finalized the acquisition of Infinity World Development Corp's 50% stake in CityCenter Holdings for $2.125 billion. Additionally, the company completed a sale-leaseback transaction with Blackstone for the real estate assets of Aria and Vdara valued at $3.89 billion. Following these deals, MGM has eliminated CityCenter's total debt of $1.73 billion, while maintaining operational management of the properties. As of June 30, 2021, CityCenter had $307 million in cash reserves.
Blackstone has announced the sale of The Cosmopolitan of Las Vegas for
Blackstone Mortgage Trust (NYSE:BXMT) announced a private offering of $400 million in aggregate principal amount of its 3.750% senior secured notes due 2027. The offering closes on October 5, 2021, and the Notes will be guaranteed by wholly owned subsidiaries. This private transaction is aimed at qualified institutional buyers under Regulation S and Rule 144A of the Securities Act. The Notes have not been registered under the Securities Act, and their resale is subject to applicable laws.
Blackstone Mortgage Trust (NYSE:BXMT) has launched a private offering of $400 million in senior secured notes due 2027. These notes will be fully guaranteed by domestic subsidiaries of the company. The offering is made under an exemption from the Securities Act, targeting qualified institutional buyers in the U.S. and investors outside the U.S. The notes have not been registered and cannot be sold in the U.S. without registration or an exemption. Blackstone Mortgage Trust focuses on preserving shareholder capital and generating attractive dividends through real estate collateralized loans.
Condor Hospitality Trust (NYSE: CDOR) has entered an agreement to sell its entire hotel portfolio for $305 million in an all-cash transaction with Blackstone Real Estate Partners. Closing is anticipated in Q4 2021, pending shareholder approval. The transaction has support from shareholders holding approximately 60% of common shares. Additionally, the company's Board has approved a Plan of Liquidation to wind down operations and distribute net proceeds to shareholders after satisfying liabilities. More information will be filed with the SEC.
Blackstone Mortgage Trust (NYSE: BXMT) declared a dividend of
Blackstone Mortgage Trust (NYSE:BXMT) has successfully closed an underwritten public offering of 10,000,000 shares of its class A common stock, generating net proceeds of approximately
Blackstone Mortgage Trust (NYSE:BXMT) has announced a public offering of 10 million shares of its class A common stock, with an additional option for underwriters to purchase 1.5 million more shares. The offering aims to raise approximately $315 million, potentially $362 million if the option is fully exercised. The funds will support the origination of commercial mortgage loans and general corporate purposes. The closing date is set for September 14, 2021, pending customary conditions.