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 First Quarter 2021 Conference Call

Wed, Apr 28, 2021 9:00 AM EDT 

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


Blackstone is the largest alternative asset manager

$649B

assets under management, including $196B in our Real Estate business


Blackstone Real Estate’s portfolio

$368B

in global value

All numbers are as of March 31, 2021. *Total Enterprise Value as of December 31, 2020.

Our Portfolio

Our $18.7 billion portfolio is predominantly comprised of loans on major market assets with top sponsors and is well diversified across asset classes and geographies.

Overview


$18.7

BILLION SENIOR LOAN PORTFOLIO


122

LOANS


65%

W.A. Origination LTV

As of March 31, 2021. 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.

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 $196 billion of investor capital under management.

Literature

1Q 2021 Earnings Release
Presentation
4Q 2020 Company Presentation
1Q 2021 Earnings Transcript

Loan Parameters

Primarily First
Mortgage

Collateral

$50mm+

Loan Size

75%

Last Dollar LTV

L+275
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