Blackstone Mortgage Trust: Alive And Well, 10% Yield

Binary Tree Analytics
5.15K Followers
(7min)

Summary

  • Blackstone Mortgage Trust, a real estate finance company, originates senior loans collateralized by commercial properties, attracting retail investors seeking yield.
  • We previously reviewed the fund after its Q2 results last year and provided projections.
  • With Q1 2025 results now available, we assess the company's performance against our pro forma.
  • This review aims to determine if Blackstone Mortgage Trust remains a viable investment for yield-seeking retail investors.

Cityscape mixed with green plants, multi layered image

Hiroshi Watanabe

Thesis

We do not usually cover Reits, but occasionally, there are certain companies that pique our interest. The Blackstone Mortgage Trust (NYSE:BXMT) is one of them. The name is a real estate finance company that originates senior

This article was written by

5.15K Followers
With an investment banking cash and derivatives trading background, Binary Tree Analytics ('BTA') aims to provide transparency and analytics in respect to capital markets instruments and trades. BTA focuses on CEFs, ETFs and Special Situations, and aims to deliver high annualized returns with a low volatility profile. We have been investing for over 20 years after obtaining a Finance major at a top university.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of BXMT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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