NEW YORK, Oct. 23, 2019 /PRNewswire/ -- Blackstone
Mortgage Trust, Inc. (NYSE: BXMT) today reported its third quarter
2019 results.
Stephen D. Plavin, Chief
Executive Officer, said, "This quarter BXMT reached a record
portfolio size of $16.4 billion,
following a strong quarter of diverse originations including our
largest non-US direct origination to date of €1.2 billion. We
continue to actively deploy the capital we raised in the second
quarter, and we look forward to another strong quarter of
originations to close out 2019."
Blackstone Mortgage Trust issued a full detailed presentation of
its third quarter 2019 results, which can be viewed at
www.bxmt.com.
Quarterly Investor Call Details
Blackstone Mortgage
Trust will host a conference call on Thursday, October 24, 2019 at 9:00 a.m. ET to discuss third quarter 2019
results. The conference call can be accessed by dialing +1 (888)
268-4178 (U.S. domestic) or +1 (617) 597-5494 (international), with
the passcode 245-054-61# or by webcast at www.bxmt.com (listen
only). For those unable to listen to the live broadcast, a recorded
replay will be available on the company's website or by telephone
beginning approximately two hours after the event. The replay call
number is +1 (888) 286-8010 (U.S. domestic) or +1 (617) 801-6888
(international), with the passcode 931-50-160#.
About 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. Our investment objective is to
preserve and protect shareholder capital while producing attractive
risk-adjusted returns primarily through dividends generated from
current income from our loan portfolio. We are externally managed
by BXMT Advisors L.L.C., a subsidiary of Blackstone. Further
information is available at www.bxmt.com.
About Blackstone
Blackstone (NYSE: BX) is one of the
world's leading investment firms. Blackstone seeks to create
positive economic impact and long-term value for its investors, the
companies it invests in, and the communities in which it works.
Blackstone does this by using extraordinary people and flexible
capital to help companies solve problems. Blackstone's asset
management businesses, with $554
billion in assets under management, include investment
vehicles focused on private equity, real estate, public debt and
equity, non-investment grade credit, real assets and secondary
funds, all on a global basis. Further information is available at
www.blackstone.com. Follow Blackstone on Twitter @Blackstone.
Forward-Looking Statements and Other Matters
This
release may contain forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended,
which reflect Blackstone Mortgage Trust's current views with
respect to, among other things, Blackstone Mortgage Trust's
operations and financial performance. You can identify these
forward-looking statements by the use of words such as "outlook,"
"indicator," "believes," "expects," "potential," "continues,"
"may," "will," "should," "seeks," "predicts," "intends," "plans,"
"estimates," "anticipates" or the negative version of these words
or other comparable words. Such forward-looking statements are
subject to various risks and uncertainties. Accordingly, there are
or will be important factors that could cause actual outcomes or
results to differ materially from those indicated in these
statements. Blackstone Mortgage Trust believes these factors
include but are not limited to those described under the section
entitled "Risk Factors" in its Annual Report on Form 10-K for the
fiscal year ended December 31, 2018,
as such factors may be updated from time to time in its periodic
filings with the Securities and Exchange Commission ("SEC") which
are accessible on the SEC's website at www.sec.gov. These factors
should not be construed as exhaustive and should be read in
conjunction with the other cautionary statements that are included
in this release and in the filings. Blackstone Mortgage Trust
assumes no obligation to update or supplement forward‐looking
statements that become untrue because of subsequent events or
circumstances.
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SOURCE Blackstone Mortgage Trust, Inc.