Blackstone Mortgage Trust releases transcript of Q2 2026 investor call

PUBT · 1d ago
Blackstone Mortgage Trust releases transcript of Q2 2026 investor call
  • Blackstone Mortgage Trust discussed Q2 2026 results on its July 30 investor call, led by CEO Tim Johnson, President Austin Peña, CFO Marcin Urbaszek.
  • GAAP net loss was $0.48 per share; distributable earnings were $0.31; distributable earnings before realized gains and losses were $0.48 versus a $0.47 dividend.
  • Management reported $1.2 billion of Q2 repayments, nearly all pre-2023; reinvested into $1.4 billion of new investments, mainly residential, industrial, net lease.
  • Watchlist fell to $2 billion from $2.5 billion; three new impairments included a $345 million Chicago office loan that defaulted, with restructuring terms substantially agreed.
  • Management launched sales processes for over $1 billion of mostly office loans; no reserves taken for those; Hyatt San Francisco sale process expected to start this week.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blackstone Mortgage Trust Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.