Q1 core earnings of $58.1M or $0.61 per share vs. $0.62 in Q4 and $0.65 one year ago. Dividend is $0.62.
March 31 book value per share of $26.28 down a nickel from three months earlier. Today's close was $30.91.
$1B of loan originations during Q4, up 21% from Q4; all-in yield of Libor +5.25%.
Portfolio size of $9.7B made up of 103 senior loans. Average LTV of 61%; 91% is floating rate; 100% performing.
Previously: Blackstone Mortgage Trust misses by $0.02, misses on revenue (April 25)
BXMT +0.3% after hours.