Discontinued — last reported Q1 '24
Blackstone Mortgage Trust Midwest — Loans held decreased by 1.1% to $934.68M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 14.4%, from $1.09B to $934.68M.
Higher levels indicate a 'hold-to-maturity' or long-term investment strategy in the region, whereas lower levels may suggest a 'originate-to-distribute' model.
The total number or value of loan assets currently retained on the balance sheet within the specified geographic segment...
Commonly used by financial institutions to distinguish between held-for-investment and held-for-sale assets.
bxmt_segment_midwest_loans_held| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.11B | $1.11B | $1.11B | $1.11B | $1.09B | $1.09B | $936.40M | $943.95M | $945.22M | $934.68M |
| QoQ Change | — | -0.7% | +0.1% | +0.3% | -1.6% | -0.0% | -14.2% | +0.8% | +0.1% | -1.1% |
| YoY Change | — | — | — | — | -2.0% | -1.3% | -15.4% | -15.0% | -13.4% | -14.4% |