Anthony F. Marone, Jr., Chief Financial Officer of BLACKSTONE MORTGAGE TRUST, INC. (NYSE:BXMT), sold 506 shares of Class A Common Stock on December 1, 2025, at a price of $19.375, for a total value of $9,803. The transaction occurred as BXMT shares have gained 20.79% year-to-date, outperforming many peers in the mortgage REIT sector. According to InvestingPro, the stock currently trades above its Fair Value estimate.
Following the transaction, Marone directly owns 62,064 shares of BLACKSTONE MORTGAGE TRUST, INC. The sale was executed under a Rule 10b5-1 trading plan, adopted before February 27, 2023, to cover tax obligations related to vesting restricted stock awards.BXMT, with a market capitalization of $3.32 billion, offers a substantial 9.62% dividend yield and has maintained dividend payments for 14 consecutive years. InvestingPro data shows the company is expected to grow its net income this year, with analysts forecasting sales growth as well. For deeper insights and additional ProTips on BXMT's financial health, comprehensive Pro Research Reports are available through the InvestingPro platform.
In other recent news, Realty Income Corporation announced an $800 million perpetual preferred equity investment in the real estate assets of Las Vegas CityCenter. The properties, which include the ARIA Resort & Casino and Vdara Hotel & Spa, will continue to be operated by MGM Resorts International and remain under the common equity ownership of funds affiliated with Blackstone Real Estate. Meanwhile, Blackstone Mortgage Trust Inc. reported its third-quarter earnings for 2025, with an earnings per share of $0.24, missing the forecasted $0.36. Despite this earnings miss, the company emphasized strong real estate fundamentals and a focus on portfolio rotation during its earnings call. These developments reflect ongoing strategic investments and financial results in the real estate sector.
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