BX - Dividend announcements

Plans to Invest More Than $400 Million to Maintain and Improve Existing Portfolio, Illustrating Commitment to Delivering a Leading Resident Experience Blackstone (NYSE:BX) and Apartment Income REIT Corp. (NYSE:AIRC) ("AIR Communities" or the "Company") today announced that they have entered into a definitive agreement under which Blackstone Real Estate Partners X ("Blackstone") will acquire all outstanding common shares of AIR Communities for $39.12 per share in an all-cash transaction valued at approximately $10 billion, including the assumption of debt. The purchase price represents a premium of 25% to AIR Communities' closing share price on the NYSE on April 5, 2024, the last trading

Blackstone Remains Committed to Tricon's Extensive Housing Development Platform, Including its Pipeline of $1 Billion of New Single-Family Homes in the U.S. and $2.5 Billion of New Apartments in Canada Plans to Improve Quality of Existing U.S. Single-Family Homes through an Additional $1 Billion of Capital Projects   All financial and share price-related information is presented in U.S. dollars unless otherwise indicated. Blackstone (NYSE:BX) and Tricon Residential Inc. (NYSE:TCN, TSX:TCN) ("Tricon" or the "Company") today announced that they have entered into an arrangement agreement (the "Arrangement Agreement") under which Blackstone Real Estate Partners X together with Blackstone

Gilles Dellaert Named Global Head of BXCI, Dwight Scott Named Chairman Blackstone (NYSE:BX) announced today the integration of its market-leading corporate credit, asset-based finance, and insurance groups into a single new unit, Blackstone Credit & Insurance (BXCI). Credit and Insurance is Blackstone's fastest-growing segment – more than doubling to $295 billion in assets under management over the last three years. Today, Blackstone's market-leading businesses include: the largest BDC (BCRED), largest private credit energy transition fund (BGREEN), largest manager of CLOs and senior loans in the world, and the second-largest alternative manager of insurance assets. The new structure wi

NEW YORK and SAN DIEGO, Aug. 25, 2023 /PRNewswire/ -- Realty Income Corporation ((Realty Income, NYSE:O), The Monthly Dividend Company®, and Blackstone Real Estate Income Trust, Inc. ("BREIT") jointly announced today that Realty Income has signed a definitive agreement to invest approximately $950 million to acquire common and preferred equity interests from BREIT in a new joint venture that owns a 95% interest in the real estate assets of The Bellagio Las Vegas. Upon closing, Realty Income will invest approximately $300 million of common equity in the joint venture, subject to certain adjustments, to acquire a 21.9% indirect interest in the property, BREIT will retain a 73.1% indirect inter

Resolution Life today announced that Nippon Life Insurance Company ("Nippon Life") has agreed to invest an additional commitment of $1 billion in Resolution Life -- a leading global life and annuity insurance consolidation business -- following the recently announced strategic partnership between Resolution Life and Blackstone. Since 2019, Nippon Life has been the largest investor in Resolution Life, supporting its growth through 8 transactions to a company with $80bn+ of reserves and 3 million policies under management across 3 international platforms. Having invested $650 million so far, this additional $1 billion commitment from Nippon Life is expected to bring their cumulative investme

Resolution Life to be Blackstone's strategic partner for new closed book transactions, including reinsurance, in the life and annuity sector globally Blackstone to be Resolution Life's investment manager for certain key areas, including directly originated assets across private credit, real estate and asset-based-finance markets – managing up to $25 billion in the first year, growing to an expected over $60 billion over the next six years Blackstone and Resolution Life plan to raise $3 billion of new equity capital, including a $500 million strategic investment from Blackstone. This would bring Resolution Life's total equity capital base to more than $8 billion Nippon Life, the large

Blackstone Private Credit Fund (BCRED or the "Fund") today announced that due to strong earnings and the positive impact from rising interest rates, its previously declared special distribution of $0.05 per share plus additional estimated undistributed net investment income in excess of $0.05 per share available as of the record date for the distribution will be set at $0.07 per share for each class of the Fund's shares. The Fund's Board of Trustees declared the special distribution, which will be available as of the record date of August 21, 2022 and will be paid on or about September 1, 2022. About Blackstone Private Credit Fund Blackstone Private Credit Fund (BCRED) is Blackstone's non

Blackstone Private Credit Fund (BCRED or the "Fund") today announced that due to strong earnings and the positive impact from rising interest rates, its Board of Trustees has declared a special distribution of the Fund's excess undistributed net investment income for each class of the Fund's shares. The special distribution will be in the amount of $0.05 per share plus the estimated undistributed net investment income in excess of $0.05 per share available as of the record date of August 21, 2022 (the "Record Date") and will be paid on or about September 1, 2022. The estimated undistributed net investment income and the precise amount of the special distribution will be determined closer to

Blackstone (NYSE:BX) and Preferred Apartments Communities, Inc. (NYSE:APTS) ("PAC" or the "Company") today announced that Blackstone Real Estate Income Trust, Inc. ("BREIT") has completed its previously announced acquisition of PAC for $25.00 per share of common stock, without interest, in an all-cash transaction valued at approximately $5.8 billion. The holders of each series of PAC's preferred stock will receive the $1,000 per share liquidation preference for each share of preferred stock plus accrued but unpaid dividends thereon, without interest. As a result of the transaction, PAC's common stock will no longer be listed on any public market. Joel T. Murphy, PAC's Chairman and Chief Ex

All-Cash Transaction For $25 Per Share of Common Stock Valued at Approximately $5.8 Billion Preferred Apartment Communities (NYSE:APTS) ("PAC" or the "Company") today announced that it has entered into a definitive agreement with Blackstone Real Estate Income Trust, Inc. ("BREIT"), under which BREIT will acquire all outstanding shares of common stock of PAC for $25.00 per share in an all-cash transaction valued at approximately $5.8 billion. Under the terms of the agreement, BREIT will acquire PAC, which includes 44 high-quality multifamily communities totaling approximately 12,000 units concentrated largely in Atlanta, Orlando, Tampa, Jacksonville, Charlotte and Nashville, and 54 grocery

AKRON, Ohio, Nov. 7, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today announced two strategic financings with two of the premier global infrastructure funds – Blackstone Infrastructure Partners and Brookfield Super-Core Infrastructure Partners (Brookfield) – that will raise a combined $3.4 billion in equity proceeds to strengthen FirstEnergy's financial position, capitalize on incremental investment opportunities and address all equity plans. FirstEnergy also introduced a long-term EPS growth rate of 6-8%. FirstEnergy announced an agreement to issue $1 billion of common

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) (the "Company") announced the pricing of a private offering of $400 million in aggregate principal amount of its 3.750% senior secured notes due 2027 (the "Notes"). The Notes will be fully and unconditionally guaranteed on an unsubordinated secured basis by each wholly owned subsidiary of the Company that is a domestic subsidiary or that guarantees or becomes a borrower under the Company's Term Loan Credit Agreement and after certain collateral events, certain capital markets indebtedness and other indebtedness of the Company and its subsidiaries, subject to certain customary exceptions. The offering is expected to close on October 5, 2021 and is

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) (the "Company") today announced it has commenced a private offering of $400 million in aggregate principal amount of its senior secured notes due 2027 (the "Notes"). The Notes will be fully and unconditionally guaranteed on an unsubordinated secured basis by each wholly owned subsidiary of the Company that is a domestic subsidiary or that guarantees or becomes a borrower under the Company's Term Loan Credit Agreement and after certain collateral events, certain capital markets indebtedness and other indebtedness of the Company and its subsidiaries, subject to certain customary exceptions. The offering of the Notes and the related guarantees will

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) declared a dividend of $0.62 per share of class A common stock with respect to the third quarter of 2021. This dividend is payable on October 15, 2021 to stockholders of record as of the close of business on September 30, 2021. About Blackstone Mortgage Trust Blackstone Mortgage Trust (NYSE:BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia. Our investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns primarily through dividends generated from current income from our loan portfolio. Our por

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today announced that it will publish its second quarter 2021 earnings presentation on its website at www.bxmt.com and file its Form 10-Q pre-market on Wednesday, July 28, 2021. The company will also host a conference call the same day at 9:00 a.m. ET to review results. To register for the webcast, please use the following link: https://event.webcasts.com/starthere.jsp?ei=1478981&tp_key=b404a3854f For those unable to listen to the live broadcast, there will be a webcast replay on the company's website at www.bxmt.com approximately two hours after the event. About Blackstone Mortgage Trust Blackstone Mortgage Trust (NYSE:BXMT) is a real estate f

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) declared a dividend of $0.62 per share of class A common stock with respect to the second quarter of 2021. This dividend is payable on July 15, 2021 to stockholders of record as of the close of business on June 30, 2021. About Blackstone Mortgage Trust Blackstone Mortgage Trust (NYSE:BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia. Our investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns primarily through dividends generated from current income from our loan portfolio. Our portfolio

Steve Plavin to Continue as Senior Managing Director of BREDS and Oversee European Business Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today announced that Katie Keenan, BXMT's President, has been named Chief Executive Officer of BXMT, effective June 30, 2021. She will succeed Steve Plavin, who remains a key member of the Blackstone Real Estate Debt Strategies leadership team and will oversee BREDS' best-in-class European platform. In connection with her appointment, Ms. Keenan will join the BXMT Board of Directors. Mike Nash continues in his role as Executive Chairman of the Board of Directors. This announcement marks the culmination of a multi-year transition plan. Over the past few ye

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its first quarter 2021 results. Stephen D. Plavin, Chief Executive Officer, said, "BXMT's first quarter demonstrated the strong momentum we have established on both sides of the balance sheet. We closed $1.7 billion of high-quality new loans, growing our portfolio by nearly $700 million, and we continued to optimize and diversify our balance sheet, ideally positioning BXMT to capture the next wave of investment opportunities." Blackstone Mortgage Trust issued a full presentation of its first quarter 2021 results, which can be viewed at www.bxmt.com. Quarterly Investor Call Details Blackstone Mortgage Trust will host a conference

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its fourth quarter and full year 2020 results. Full year EPS, Distributable EPS, and dividends paid per share were $0.97, $2.48, and $2.48, respectively. Stephen D. Plavin, Chief Executive Officer, said, “BXMT’s strong 2020 results reflect the power and stability of our senior lending business. We generated consistent earnings in an environment of declining rates, while simultaneously maintaining strong credit performance and further fortifying our balance sheet. Our performance showcases the importance of careful sector and asset selection, disciplined underwriting, and deep relationships with ou

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced the tax treatment of its 2020 class A common stock dividends. The following table summarizes Blackstone Mortgage Trust’s class A common stock dividend payments for the tax year ended December 31, 2020: Record   Payment   Cash           Ordinary   Qualified   Capital Gain Date   Date   Distribution   Adjustment   Dividend (1)   Dividends (2)   Dividends   Dividends   3/31/2020   4/15/2020 $ 0.62   $ 0.00   $ 0.62 $0.620000   $0.000000   $0.000000

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its fourth quarter and full year 2020 earnings presentation on its website at www.bxmt.com and file its Form 10-K pre-market on Wednesday, February 10, 2021. The company will also host a conference call the same day at 9:00 a.m. ET to review results. To register for the webcast, please use the following link: https://event.webcasts.com/starthere.jsp?ei=1417560&tp_key=c9976f38d2 For those unable to listen to the live broadcast, there will be a webcast replay on the company's website at www.bxmt.com approximately two hours after the event. About Blackstone Mortgage Trust Bl

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) declared a dividend of $0.62 per share of class A common stock with respect to the fourth quarter of 2020. This dividend is payable on January 15, 2021 to stockholders of record as of the close of business on December 31, 2020. About Blackstone Mortgage Trust Blackstone Mortgage Trust (NYSE:BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia. Our investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns primarily through dividends generated from current inc