Reported a net loss of $81.2 million for Q2 2026, driven by higher credit loss reserves and increased real estate expenses. Book value per share declined to $19.31, and CECL reserves rose to $397.8 million, reflecting ongoing challenges in the office sector.Original document: Blackstone Mortgage Tr…
Reported a net loss of $81.2 million for Q2 2026, driven by higher credit loss reserves and increased real estate expenses. Book value per share declined to $19.31, and CECL reserves rose to $397.8 million, reflecting ongoing challenges in the office sector.
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