Muddy Waters says it is short Blackstone Mortgage Trust
06/12/2023 17:19
LONDON, Dec 6 (Reuters) - Short-selling hedge fund Muddy
Waters said on Wednesday that it had taken out a short position
in Blackstone's Mortgage Trust BXMT.N .
Carson Block, the CEO of the firm, told attendees at the
Sohn Conference in London that the real estate investment trust
faced issues of over supply, underfunded loan commitments,
expiring leases and that the net operating income was
compromised.
Blackstone did not immediately respond to a request for
comment.
(Reporting by Nell Mackenzie; Dhara Ranasignhe)
((Nell.Mackenzie@thomsonreuters.com; https://twitter.com/nellmooney;))