Blackstone Mortgage Trust: Think Twice Before Chasing Dividends

Roman Tiraspolsky Let's drift into the mortgage arena and discuss what's waiting in the wings for the Blackstone Mortgage Trust, Inc. (NYSE:BXMT).  For those unaware, we covered various components of Blackstone (BX) extensively in the past week, including the company as a whole its Blackstone's Apartment Income REIT Corp. (AIRC) acquisition. However, today's analysis builds on a statement we made a week ago when assessing Blackstone's real estate portfolio, which claimed that negative interest rate dura ...