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BXMT News
BXMT Events
Blackstone Mortgage Trust Launches $450M Note Offering
Blackstone Mortgage Trust has commenced a private offering of $450M in aggregate principal amount of its senior secured notes due 2031. The Company intends to use the net proceeds of the Notes offering for general corporate purposes, including paying down existing secured indebtedness.
BXMT Reports Q1 Revenue of $159.415M
Reports Q1 revenue $159.415M, consensus $88.42M. Tim Johnson, Chief Executive Officer said, "BXMT's first quarter results clearly demonstrate the breadth of our platform as we captured differentiated investments across diversified strategies and markets and completed over $2 billion in corporate and securitized debt financings. These initiatives on both sides of the balance sheet are driving strong earnings power and long-term shareholder value."
BXMT Reports Q4 Revenue of $159.32M
Reports Q4 revenue $159.32M, consensus $104.93M. Reports Q4 book value per share of $20.75. Tim Johnson, Chief Executive Officer said, "BXMT's strong fourth quarter results demonstrate continued positive momentum, with robust capital deployment across diversified investments, improved credit performance, and balance sheet optimization driving earnings power and dividend coverage. We believe the global scale of our platform continues to uniquely position BXMT to capture attractive opportunities and deliver for our investors."
Alexander & Baldwin to be Taken Private for $21.20 per Share, $2.3B Deal
Alexander & Baldwin to be taken private for $21.20 per share, or $2.3B
Alexander & Baldwin Enters Merger Agreement at $21.20 per Share
Alexander & Baldwin announced that it has entered into a definitive merger agreement in which a joint venture formed by MW Group and funds affiliated with Blackstone Real Estate and DivcoWest, will acquire all outstanding A&B common shares for $21.20 per share in an all-cash transaction with an enterprise value of approximately $2.3B, including outstanding debt. As a result of this transaction, A&B will become a private company. The transaction, which was unanimously approved by the A&B Board of Directors, is expected to close in the first quarter of 2026, subject to customary closing conditions including approval by the company's shareholders. Upon completion of the transaction, A&B's common stock will no longer be listed on the NYSE. A&B also announced that its Board of Directors approved a fourth quarter 2025 dividend of $0.35 per share. The dividend is payable on January 8, 2026, to shareholders of record as of the close of business on December 19, 2025. Under the terms of the merger agreement, the per-share consideration that shareholders will receive at the closing of the transaction will be reduced to reflect this dividend.
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