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Blackstone's mortgage fund slashes dividend as slump in office puts it under pressure
- 05/24/2024, 5:01 PM
- businessinsider.com
Jeenah Moon/Reuters
Blackstone Mortgage Trust, a commercial real estate lender with a $22 billion loan portfolio, is cutting its dividend after losing $60 million in the second quarter and raising its reserves by $142.6 million.
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I vacationed in one of Europe's priciest and most exclusive ski towns — Cortina d'Ampezzo. Here's what it was like.
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Blackstone's mortgage fund slashes dividend as slump in office puts it under pressure
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- businessinsider.com
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Ford's second-quarter net income fell 4.7% as pretax profits dropped at the automaker's combustion-engine unit
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Renewable energy demand could triple as electricity consumption surges
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AI job displacement on the horizon for video game industry, report claims
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A wipeout on Wall Street sends stocks to worst day since 2022, led by drops for tech giants including Tesla, Alphabet
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Why an indicator that has foretold almost every recession doesn't seem to be working anymore
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A US Air Force B-2 stealth bomber helped sink an old warship in the Pacific with new anti-ship QUICKSINK bombs
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