Blackstone Mortgage Trust is a New York City-based real estate finance company that originates senior loans secured by commercial real estate, aiming to preserve capital and generate attractive dividends. It operates as a real estate investment trust and is externally managed by BXMT Advisors L.L.C.
BXMT has been in the news recently: Blackstone Inc. has seen a 27.5% increase in short interest, with 14.96 million shares sold short, representing 2.04% of its available shares. Despite a 0.61% increase in share price today, Blackstone Inc.'s stock has declined by 17.91% over the past year.
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