With an elevated exposure to office real estate, finance company Blackstone Mortgage Trust reported a wider net loss as borrowers face pressure from high interest rates.
Blackstone Mortgage Reports Net Loss as Office Sector Struggles
Majority of Loan Portfolio Is Performing Strongly, REIT Says
CoStar News
April 24, 2024 | 4:03 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Blackstone Mortgage Trust, Inc.
Finance and Insurance
- Contacts
- Katie Keenan
Chief Executive Officer, Blackstone Mortgage Trust, Blackstone Mortgage Trust, Inc.