Blackstone Mortgage Trust, Inc. Announces Executive Changes, Effective June 30, 2021
May 19, 2021 at 08:30 am EDT
Share
Blackstone Mortgage Trust, Inc. 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. Over the past few years, Ms. Keenan has taken on increasing responsibility within BXMT, playing an integral role in managing the company’s investment strategy and operations. Prior to being appointed BXMT’s President in February 2020, she served as BXMT’s Executive Vice President for Investments. Ms. Keenan joined Blackstone in 2012. During her tenure, she has overseen the origination of over $8 billion of loans across asset types and markets.
Blackstone Mortgage Trust, Inc. is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia. The Companyâs investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns primarily through dividends generated from current income from its loan portfolio. Its portfolio is composed primarily of loans secured by high-quality, institutional assets in major markets, sponsored by experienced, well-capitalized real estate investment owners and operators. These senior loans are capitalized by accessing a variety of financing options, depending on its view of the most prudent strategy available for each of its investments. The Company conducts its operations as a real estate investment trust for the United States federal income tax purposes. The Company is externally managed by BXMT Advisors L.L.C.