AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Blackstone Mortgage Trust's Q2 performance was as expected, with a minor quarterly BV decrease and a modest net decrease to CECL reserves. The company's investment portfolio recorded a FMV increase of 0.16%, matching expectations. Loan originations increased to $2.2 billion, and the dividend has a high probability of remaining unchanged. However, after the recent rally, BXMT is viewed as overpriced.

Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet