Blackstone Mortgage Trust Covers Dividend Third Straight Quarter as Platform Pivots Toward Data Centers and Net Lease

The $19.7 billion CRE lender posted a GAAP net loss but distributable earnings cleared the dividend hurdle, signaling that a portfolio reset built around industrial, residential, and infrastructure credit is taking hold. Blackstone Mortgage Trust delivered a quarter that looked weak on the headline and strong underneath. The commercial real estate finance company reported a […]