NEW YORK--(BUSINESS WIRE)--May. 6, 2013--
Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its first
quarter 2013 results.
We completed our first full quarter under the management of a subsidiary
of The Blackstone Group L.P. and, effective May 6, 2013, changed our
name from Capital Trust, Inc. to Blackstone Mortgage Trust, Inc. Also on
May 6, 2013, we completed a one-for-ten reverse split of our class A
Stockholders’ equity increased to $76.1 million, or $25.21 per share, as
of March 31, 2013.
Blackstone Mortgage Trust issued a full detailed presentation of its
first quarter 2013 results which can be viewed at www.blackstonemortgagetrust.com.
About Blackstone Mortgage Trust
Blackstone Mortgage Trust (NYSE: BXMT) is a real estate finance company
that focuses primarily on loans and securities backed by commercial real
estate assets. Blackstone Mortgage Trust is externally managed by
BREDS/CT Advisors L.L.C., a subsidiary of Blackstone and is a real
estate investment trust traded on the New York Stock Exchange under the
symbol “BXMT.” Blackstone Mortgage Trust is headquartered in New York
City. Further information is available at www.blackstonemortgagetrust.com.
Blackstone (NYSE: BX) is one of the world’s leading investment and
advisory firms. Blackstone seeks to create positive economic impact and
long-term value for its investors, the companies it invests in, the
companies it advises and the broader global economy. Blackstone does
this through the commitment of its extraordinary people and flexible
capital. Blackstone’s alternative asset management businesses include
the management of private equity funds, real estate funds, hedge fund
solutions, credit-focused funds and closed-end funds. Blackstone also
provides various financial advisory services, including financial and
strategic advisory, restructuring and reorganization advisory and fund
placement services. Further information is available at www.Blackstone.com.
Follow Blackstone on Twitter @Blackstone.
This release may contain forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, which reflect
Blackstone Mortgage Trust’s current views with respect to, among other
things, Blackstone Mortgage Trust’s operations and financial
performance. You can identify these forward-looking statements by the
use of words such as “outlook,” “believes,” “expects,” “potential,”
“continues,” “may,” “will,” “should,” “seeks,” “approximately,”
“predicts,” “intends,” “plans,” “estimates,” “anticipates” or the
negative version of these words or other comparable words. Such
forward-looking statements are subject to various risks and
uncertainties. Accordingly, there are or will be important factors that
could cause actual outcomes or results to differ materially from those
indicated in these statements. Blackstone Mortgage Trust believes these
factors include but are not limited to those described under the section
entitled “Risk Factors” in its Annual Report on Form 10-K for the fiscal
year ended December 31, 2012, as such factors may be updated from time
to time in its periodic filings with the Securities and Exchange
Commission, which are accessible on the SEC’s website at www.sec.gov.
These factors should not be construed as exhaustive and should be read
in conjunction with the other cautionary statements that are included in
this release and in the filings. Blackstone Mortgage Trust undertakes no
obligation to publicly update or review any forward-looking statement,
whether as a result of new information, future developments or otherwise.
Source: Blackstone Mortgage Trust, Inc.
Investor and Media Relations Contacts
Armer, +1 212-655-0220