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Home Commercial Blackstone Mortgage Trust Slashes Dividend by 24% as Office Loans Pressure Portfolio
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Blackstone Mortgage Trust Slashes Dividend by 24% as Office Loans Pressure Portfolio

July 25, 20242 Mins read892
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Photo by Alex Lesik on Unsplash
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In a sign of stress in the commercial real estate sector, Blackstone Mortgage Trust (BXMT) has announced a significant reduction in its dividend. This decision comes as the company grapples with losses and an increased reserve to cover potential loan defaults. BXMT, a key player in the commercial real estate lending market, reported a loss […]

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Moody’s, Bank of New York Mellon, US Bancorp, State Street, Truist Financial, Capital One, Citizens Financial, Fifth Third Bancorp, M&T Bank, Pinnacle Financial Partners, Prosperity Bank, BOK Financial Corp Previous post Opinion: Will Fed Inaction Lead to More of the Same for CRE Investors?

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