Discontinued — last reported Q1 '24
Blackstone Mortgage Trust Northeast — Loans held decreased by 1.9% to $5.32B in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 7.6%, from $5.76B to $5.32B.
An increase indicates a growing regional footprint, while a decrease suggests a strategic exit or maturity of regional assets.
The total volume of mortgage loans currently held on the balance sheet that are secured by properties in the Northeast r...
Commonly reported as 'loans held for investment' in financial statements of real estate finance companies.
bxmt_segment_northeast_loans_held| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.93B | $5.39B | $5.67B | $5.69B | $5.67B | $5.76B | $5.44B | $5.45B | $5.43B | $5.32B |
| QoQ Change | — | +9.2% | +5.2% | +0.5% | -0.5% | +1.7% | -5.5% | +0.1% | -0.4% | -1.9% |
| YoY Change | — | — | — | — | +14.8% | +6.9% | -4.0% | -4.4% | -4.2% | -7.6% |