Thomas E. Dobrowski
Thomas E. Dobrowski gave notice of his resignation from the Board of Directors effective January 15, 2025.
Highest-materiality recent filing
BXMT reports Q2 net loss of $81.2M; CECL reserves rise to $410M
GAAP EPS $(0.48); Distributable EPS $0.31; Distributable EPS prior to realized gains/losses $0.48.
BXMT issues $450M of 6.250% Senior Secured Notes due 2031
Issued $450M aggregate principal of 6.250% Senior Secured Notes due June 1, 2031.
BXMT Q1 net loss $6.3M, distributable EPS $0.21, dividend $0.47 covered
GAAP net loss of $6.3M ($0.04/share loss) vs $0.4M loss in Q1 2025; revenue $159.4M.
BXMT Q4 2025: GAAP EPS $0.24, Distributable EPS prior to charge-offs $0.51, dividend covered
Full-year 2025 GAAP net income $110M; GAAP EPS $0.64; Distributable EPS prior to charge-offs $1.86; dividend $1.88.
BXMT Q3 net income $63.4M; distributable EPS prior to charge-offs $0.48 covers $0.47 dividend
Net income $63.4M, GAAP EPS $0.37; distributable EPS prior to charge-offs $0.48 vs $0.47 dividend, covering payout.
Katie Keenan resigns as BXMT CEO; Tim Johnson appointed CEO, Austin Peña President
CEO Katie Keenan resigns effective Nov 10, 2025, to become CEO of BREIT and Global Head of Core+ Real Estate.
BXMT Q2 net income $7M; distributable EPS $0.19; portfolio grows to $18.4B
GAAP EPS $0.04; Distributable EPS prior to charge-offs $0.45 excluding $45M realized loss from loan resolution.
BXMT posts near-zero GAAP EPS in Q1; distributable EPS prior to charge-offs $0.42
Net loss of $0.4M; GAAP EPS $(0.00). Distributable EPS $0.17, prior to charge-offs $0.42.
Blackstone Mortgage Trust FY2024 net loss $204M; Distributable EPS prior charge-offs $2.15
Full-year GAAP net loss $204M; EPS $(1.17); Distributable EPS prior to charge-offs $2.15 vs dividend of $2.18.
Blackstone Mortgage Trust closes $1.1B debt financing: $650M term loan and $450M senior notes
Added $650M Term B-5 Loans due 2028, SOFR+3.75% or base+2.75%, quarterly amortization 0.25% starting Mar 31, 2025.
Blackstone Mortgage Trust reports Q3 GAAP net loss of $56M; distributable EPS $0.39
GAAP net loss $56M, EPS $(0.32); Distributable EPS $0.39, prior to charge-offs $0.49.
BXMT Q2 net loss $61M; distributable EPS $0.49; dividend cut to $0.47; $150M buyback
GAAP net loss of $61M ($0.35 loss per share); distributable EPS of $0.49; prior charge-offs distributable EPS $0.56.
Blackstone Mortgage Trust Q1 GAAP EPS -$0.71, Distributable EPS $0.33
Net loss attributable to BXMT of $124M; GAAP basic EPS ($0.71) vs. $0.68 in Q1 2023.
Full year 2023 net income $247M, GAAP EPS $1.43; Distributable EPS $3.05 covers $2.48 dividend at 123%.
Blackstone Mortgage Trust Q3 2023: GAAP EPS $0.17, Distributable EPS $0.78, dividend coverage 126%
Net income of $30M; GAAP EPS $0.17 vs. $0.60 in Q3 2022; Distributable EPS $0.78, up 10% YoY.
BXMT Q2 GAAP EPS $0.59, Distributable EPS $0.79, dividend coverage 127%
Net income of $102M; GAAP diluted EPS $0.58, Distributable EPS $0.79.
BXMT Q1 net income $118M; Distributable EPS $0.79, dividend coverage 127%
GAAP net income $117.8M; EPS $0.68; Distributable EPS $0.79, up 27% YoY.
Blackstone Mortgage Trust Q4 GAAP loss $0.28/share; Distributable EPS $0.87; dividend coverage 116%
Full year 2022 net income $248.6M ($1.46 EPS); Distributable EPS $2.87; dividends $2.48/share.
BXMT Q3 GAAP EPS $0.60, Distributable EPS $0.71; dividend $0.62 covered at 115%
Net income $103.2M; GAAP EPS $0.60; Distributable EPS $0.71, up 13% YoY.
Blackstone Mortgage Trust Q2 Distributable EPS $0.67, portfolio grows to $26.5B
Q2 net income $93.3M; GAAP EPS $0.55; Distributable EPS $0.67, up from $0.62 in Q1.
BXMT Q1 net income $99.7M, EPS $0.59; distributable EPS $0.62, dividend coverage 100%
Net income $99.7M, GAAP EPS $0.59 (diluted $0.58); distributable EPS $0.62, in-line with $0.62 dividend.
BXMT completes $300M offering of 5.50% Convertible Senior Notes due 2027
$300M aggregate principal of 5.50% convertible notes due March 2027; initial conversion price ~$36.27 per share.
BXMT Q4 EPS $0.76, Distributable EPS $0.78; full-year EPS $2.77, record $14.6B originations
Full-year 2021: EPS $2.77, Distributable EPS $2.62, dividends paid $2.48 per share (106% coverage).
Blackstone Mortgage Trust completes 10M-share public offering at $31.45, raising ~$314M net
Sold 10M shares of class A common stock at $31.45 per share to underwriters.
Blackstone Mortgage Trust Q3 GAAP EPS $0.56, Distributable EPS $0.63; record $4.7B originations
Record $4.7B originations drove $2.9B portfolio growth to $22.0B; 31% of portfolio originated in last twelve months.
Blackstone Mortgage Trust issues $400M of 3.750% Senior Secured Notes due 2027
$400M aggregate principal, 3.750% interest, semi-annual payments, matures Jan 15, 2027.
Blackstone Mortgage Trust launches $400M senior secured notes offering due 2027
Private offering of $400M aggregate principal amount of senior secured notes due 2027.
Blackstone Mortgage Trust raises $312M in common stock offering
Offered 10M shares of class A common stock at $31.24/share; net proceeds ~$312.1M.
BXMT Q2 GAAP EPS $0.89, Distributable EPS $0.61; record $19.2B portfolio
GAAP EPS $0.89 includes $0.34 CECL reserve release; Distributable EPS $0.61; dividend $0.62/share.
Thomas E. Dobrowski gave notice of his resignation from the Board of Directors effective January 15, 2025.
elected Marcin Urbaszek to serve as the Company’s Deputy Chief Financial Officer and Principal Accounting Officer.
On February 26, 2024, Jonathan Pollack resigned from the Board of Directors (the “Board”) of Blackstone Mortgage Trust, Inc. (the “Company”).
On February 1, 2023, the Board of Directors elected Gilda Perez-Alvarado to fill the vacancy created by Mr. Edelman’s resignation.
On February 1, 2023, Martin L. Edelman gave notice of his resignation to the Board of Directors (the “Board of Directors”) of Blackstone Mortgage Trust, Inc. (the “Company”) effective immediately prior to the appointment of his replacement.
On June 30 , 2022, Douglas N. Armer, Executive Vice President, Capital Markets and Treasurer, of Blackstone Mortgage Trust, Inc. (the “Company” or “BXMT”), gave notice of his resignation to the Board of Directors (the “Board”) of the Company, effective as of July 31 , 2022.
Anthony F. Marone, Jr., the Company’s Chief Financial Officer, will serve as Treasurer upon Mr. Armer’s departure.
On July 21, 2021, the Board of Directors (the “Board of Directors”) of Blackstone Mortgage Trust, Inc. (the “Company”) approved an increase in the number of directors constituting the full Board of Directors from eight to nine and elected Nnenna Lynch to fill the vacancy created by the increase, effective immediately.
Max materiality 0.85 · Median 0.65 · Most common event earnings