Blackstone Mortgage Trust (NYSE: BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate.
•WeunderstandfromBXMTInvestorRelationsthattheCLOsare representativeofBXMT'sU.S.loanbook,ex-constructionandverylargeloans. •Itseemsthat~70%-75%oftheU.S.loanbookisunabletoserviceitsdebtabsentrateswaps,basedontheCLOs. •Wealsoseeindiciaofstressininternationalandconstructionloans,whichwediscussinfra. MUD...
Blackstone Mortgage Trust (NYSE: BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate.
Blackstone Mortgage Trust (NYSE: BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate.