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Mar 31, 2021

Blackstone Mortgage Trust Q1 2021 Earnings Report

Blackstone Mortgage Trust reported strong momentum in the first quarter, closing $1.7 billion in new loans and growing the portfolio by nearly $700 million.

Key Takeaways

Blackstone Mortgage Trust reported its first quarter 2021 results, demonstrating strong momentum with $1.7 billion in new loans closed and a portfolio growth of nearly $700 million.

Closed $1.7 billion of high-quality new loans.

Grew portfolio by nearly $700 million.

Optimized and diversified the balance sheet.

Positioned to capture the next wave of investment opportunities.

Total Revenue
$109M
Previous year: $101M
+8.5%
EPS
$0.59
Previous year: $0.64
-7.8%
Cash and Equivalents
$280M
Previous year: $800M
-65.0%
Total Assets
$17.4B

Blackstone Mortgage Trust

Blackstone Mortgage Trust

Forward Guidance

The 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 and the impact of the COVID-19 pandemic.