News

Published on 24 Apr 2024 on Bloomberg via Yahoo Finance

Blackstone, KKR Mortgage REITs Stung By Office Debt Challenges


Article preview image

(Bloomberg) -- Blackstone Inc. and KKR & Co. mortgage real estate investment trusts are grappling with deteriorating office loans as higher interest rates and weak demand drive down property values.

Most Read from Bloomberg

Biden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest City

NASDAQ.NYMT price evolution
NYSE.BX price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
AG Mortgage Investment Trust: Q1 Earnings Snapshot

NEW YORK (AP) — AG Mortgage Investment Trust Inc. (MITT) on Friday reported profit of $20.9 milli...

San Antonio Express-News 3 May 2024

New York Mortgage Trust, Inc. (NASDAQ:NYMT) Q1 2024 Earnings Call Transcript

New York Mortgage Trust, Inc. (NASDAQ:NYMT) Q1 2024 Earnings Call Transcript May 2, 2024 New York...

Insider Monkey via Yahoo Finance 3 May 2024

3 Reliable and 1 Risky, Ultra High-Yield Dividend ETFs To Boost Your Passive Income Game

3 Reliable and 1 Risky, Ultra High-Yield Dividend ETFs To Boost Your Passive Income Game Benzinga...

Benzinga via Yahoo Finance 2 May 2024

REITs Continue To Clobber Q1 Estimates

For two years, Wall Street has dismissed real estate investment trusts (REITs), with the idea tha...

Benzinga via AOL 1 May 2024

Best REIT ETFs To Buy in April 2024

REITs, or real estate investment trusts allow you to buy company shares of income-producing real ...

AOL 26 Apr 2024

Blackstone, KKR Mortgage REITs Stung By Office Debt Challenges

(Bloomberg) -- Blackstone Inc. and KKR & Co. mortgage real estate investment trusts are grappling...

Bloomberg via Yahoo Finance 24 Apr 2024

Earnings call: Dynex Capital Q1 2024 results show solid economic return

Dynex Capital, Inc. (NYSE: NYSE: DX ) has reported a robust first quarter in 2024, with a total...

Investing.com 22 Apr 2024

ASHFORD HOSPITALITY TRUST ANNOUNCES CEO SUCCESSION PLAN

Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced th...

Benton Courier 18 Apr 2024

New York State Teachers Retirement System Sells 1,247 Shares of TrustCo Bank Corp NY (NASDAQ:TRST)

New York State Teachers Retirement System cut its holdings in TrustCo Bank Corp NY (NASDAQ:TRST –...

ETF DAILY NEWS 18 Apr 2024

15 Best Monthly Dividend Stocks To Buy Right Now

In this article, we discuss 15 best monthly dividend stocks to buy right now. You can skip our de...

Insider Monkey via Yahoo Finance 16 Apr 2024