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.

Blackstone Affiliation

Our manager’s global presence and dynamic capabilities enable us to identify opportunities with conviction and partner with leading sponsors and financial institutions.

Floating Rate Senior Lending

Our mortgage loan portfolio is well positioned for yield and value preservation in various rate and credit environments.

Financing Advantage

Our large scale, high quality business drives efficiently priced and well structured financing with an emphasis on long term stability.

Blackstone Mortgage Trust Fourth Quarter & Full Year 2020 Conference Call

Wed, Feb 10, 2021 9:00 AM EST 

BXMT is sponsored by one of the world’s largest owners, operators and financers of real estate


Blackstone is the largest alternative asset manager

$619B

assets under management, including $187B in our Real Estate business


Blackstone Real Estate’s portfolio

$341B

in global value

All numbers are as of December 31, 2020.

Our Portfolio

Our $18.2 billion portfolio is predominantly comprised of loans on major market assets with top sponsors and is well diversified across asset classes and geographies.

Overview


$18.2

BILLION SENIOR LOAN PORTFOLIO


121

LOANS


64%

W.A. Origination LTV

As of December 31, 2020. States comprising less than 1% of total loan portfolio are excluded.

Sample Transactions

Class A Office
Minneapolis, MN

$146 million floating rate, first mortgage loan secured by three well-located, class A office buildings in Minneapolis, MN. Blackstone offered a solution for a repeat borrower to refinance and fund remaining renovations.

Industrial Portfolio
Long Island, New York

$243 million floating rate, first mortgage loan secured by a 37-building industrial portfolio located in Long Island, NY. Properties are located in infill locations and benefit from close proximity to thoroughfares and dense population centers.

Beachfront Hotel
Huntington Beach, CA

$133 million floating rate, first mortgage loan secured by a newly-built beachfront hotel located in Huntington Beach, CA. The property is anchored by an irreplaceable location, generating robust transient and group demand.

Our Manager is part of Blackstone’s leading real estate platform, which has $187 billion of investor capital under management.

Literature

4Q 2020 Earnings Release
Presentation
3Q 2020 Company Presentation
4Q 2020 Earnings Transcript

Loan Parameters

Primarily First
Mortgage

Collateral

$50mm+

Loan Size

75%

Last Dollar LTV

L+300
and up

Pricing

Our People

Contacts

New York

345 Park Avenue
New York, NY 10154
Phone: +1 (212) 583-5000


ORIGINATION CONTACTS

Los Angeles

1299 Ocean Avenue, Suite 320
Santa Monica, CA 90401
Phone: +1 310 310 6949


ORIGINATION CONTACTS

London

40 Berkeley Square
London, W1J 5AL, U.K.
Phone: +44 (0)20 7451 4000


ORIGINATION CONTACTS