Business Description
Blackstone Mortgage Trust is a New York-based real estate investment trust that provides loans to commercial property owners across the United States and several international markets, including the United Kingdom, Australia, Canada, and parts of Europe. The company focuses primarily on senior mortgage loans with floating interest rates, meaning its lending sits at the top of the repayment priority ladder and is directly secured by commercial real estate assets. Originally founded in 1998 under the name Capital Trust Inc., the company adopted its current name in 2013.
