Name | Value |
---|---|
Revenues | 177.3M |
Cost of Revenue | 32.8M |
Gross Profit | 144.5M |
Operating Expense | 101.7M |
Operating I/L | 101.7M |
Other Income/Expense | 0.0M |
Interest Income | 521.9M |
Pretax | 103.7M |
Income Tax Expense | 1.2M |
Net Income/Loss | 101.7M |
Blackstone Mortgage Trust, Inc. is a real estate finance company specializing in originating senior loans collateralized by commercial properties in North America, Europe, and Australia. Operating as a real estate investment trust, the company generates revenue by providing financing for commercial real estate projects. By originating and managing these loans, the company earns interest income and fees, contributing to its overall profitability. With a focus on distributing at least 90% of its taxable income to stockholders, Blackstone Mortgage Trust, Inc. aims to maximize returns for its investors while benefiting from tax advantages as a real estate investment trust.