What to Know About This Fund’s $3 Million Blackstone Mortgage Trust Sale Amid Office Stress

1 week ago 9

Jonathan Ponciano, The Motley Fool

Sun, May 10, 2026 astatine 12:57 PM CDT 4 min read

On May 8, 2026, Chicago-based Cura Wealth Advisors disclosed successful a Securities and Exchange Commission filing that it sold 155,210 shares of Blackstone Mortgage Trust (NYSE:BXMT), with the estimated transaction worth astatine $2.99 cardinal based connected quarterly mean pricing.

What happened

According to a filing with the Securities and Exchange Commission dated May 8, 2026, Cura Wealth Advisors reduced its holdings successful Blackstone Mortgage Trust by 155,210 shares. The estimated worth of shares sold was $2.99 million, calculated utilizing the mean closing terms for the quarter. The worth of the presumption astatine quarter-end fell by $2.97 million, reflecting some the commercialized and marketplace movement.

What other to cognize

This was a sale, leaving Blackstone Mortgage Trust astatine 0.28% of 13F reportable assets nether absorption arsenic of March 31, 2026.
Top holdings aft the filing:
- NYSE:ABBV: $63.72 cardinal (28.5% of AUM)
- NYSE:ABT: $23.58 cardinal (10.6% of AUM)
- NYSE:FSK: $23.06 cardinal (10.3% of AUM)
- NASDAQ:MFIC: $6.90 cardinal (3.1% of AUM)
- NYSEMKT:VT: $5.57 cardinal (2.5% of AUM)
As of May 7, 2026, BXMT shares were priced astatine $19.15, astir level implicit the past twelvemonth and underperforming the S&P 500, which is alternatively up astir 30%.
The presumption was antecedently 1.4% of the fund's assets arsenic of the anterior quarter.

Company overview

Metric

Value

Revenue (TTM)	$585.1 million
Net income (TTM)	$103.63 million
Dividend yield	9.82%
Price (as of marketplace adjacent May 7, 2026)	$19.15

Company snapshot

Blackstone Mortgage Trust originates elder loans secured by commercialized existent property properties crossed North America, Europe, and Australia, generating gross chiefly from involvement income.
It operates arsenic a owe existent property concern spot (REIT), earning income by deploying superior into commercialized owe loans and distributing a important information of taxable income arsenic dividends.
It serves organization borrowers, spot owners, and developers seeking large-scale commercialized existent property financing solutions.

Blackstone Mortgage Trust is simply a starring owe REIT focused connected originating and managing elder commercialized existent property loans globally.

What this transaction means for investors

Blackstone Mortgage Trust’s latest net study showed a mixed representation that mightiness explicate wherefore a wealthiness advisory similar Cura would take to trim its stake. BXMT posted a first-quarter nett nonaccomplishment of $6.3 million, oregon $0.04 per share, though distributable EPS anterior to realized gains and losses came successful astatine $0.49 per share, somewhat supra the company’s $0.47 dividend. Management emphasized that 98% of the indebtedness portfolio remains performing, with much than fractional tied to residential and concern properties alternatively than bureau buildings. The steadfast besides maintained astir $1 cardinal successful liquidity and nary firm indebtedness maturities until 2027.

But adjacent though Blackstone Mortgage Trust has stabilized considerably from the worst of the office-property fears, the banal has inactive severely lagged the broader market, and immoderate investors whitethorn simply beryllium losing patience waiting for sentiment to recover. The astir 9.4% annualized dividend output is attractive, but owe REITs stay highly delicate to involvement rates, spot values, and refinancing conditions, each of which semipermanent investors should support successful mind.

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