Blackstone Mortgage Trust shares rise 1.37% after-hours following Hilton Worldwide's rebranding of Sunseeker Resort.

Blackstone Mortgage Trust, Inc. rose 1.37% in after-hours trading. The increase in stock price can be attributed to the positive news of Hilton Worldwide rebranding Sunseeker Resort as Sunseeker Resort Florida Gulf Coast, Curio Collection by Hilton. This rebranding, under the leadership of Blackstone Real Estate and Pyramid Global Hospitality, is expected to elevate the resort to Florida's premier waterfront destination, which is likely to have a positive impact on Blackstone's real estate portfolio.