Blackstone Mortgage Trust West — Net loan exposure decreased by 5.1% to $1.78B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.1%, from $1.81B to $1.78B. Over 2 years (FY 2023 to FY 2025), West — Net loan exposure shows a downward trend with a -23.8% CAGR.
An increase indicates higher net capital commitment, while a decrease suggests active risk reduction or syndication of regional assets.
The net amount of capital at risk in the Western region after accounting for participations, syndications, or other risk...
Comparable to 'net investment' or 'net exposure' metrics used by financial institutions to measure true risk concentration.
bxmt_segment_west_net_loan_exposure| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.49B | $3.45B | $3.44B | $2.98B | $2.91B | $2.70B | $2.68B | $2.43B | $1.75B | $1.81B | $1.86B | $1.87B | $1.87B | $1.78B |
| QoQ Change | — | -1.0% | -0.4% | -13.4% | -2.3% | -7.1% | -0.7% | -9.6% | -28.0% | +3.9% | +2.6% | +0.6% | -0.1% | -5.1% |
| YoY Change | — | — | — | — | -16.5% | -21.7% | -21.9% | -18.5% | -40.0% | -32.9% | -30.6% | -22.8% | +7.2% | -2.1% |