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Blackstone Mortgage Trust
Business Segments
Geographic
Acquisition Date Fair Value

Acquisition Date Fair Value

Blackstone Mortgage Trust·Geographic·2 segments·Rolls up to Acquisition Date Fair Value

Breakdown

Segments

San Francisco, CAView metric

Denver, COView metric

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Data sourced from SEC filings — methodology

OpenCapital is not affiliated with or endorsed by the U.S. Securities and Exchange Commission (SEC). All data is sourced from publicly available SEC filings.

OpenCapital

Segment	Q4 '24	Q4 '25	Q1 '26
San Francisco, CA	$201.53M	—	$41.08M
Denver, CO	$33.34M	$114.75M	—
Total	$591.63M	$1.17B	$1.19B