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 "markdown": "LOAN PORTFOLIO OVERVIEW<sup>(d)</sup>\n- 133 loans secured by institutional-quality assets and diversified across sectors and markets\n- 51% secured by multifamily and industrial assets\n\n\n<figure type=\"CHART\">\n\n<description>The figure presents a dual-component analysis titled 'Geographic Footprint' and 'Collateral Diversification'. On the left, a series of three maps (USA, Europe, and Australia) visualizes the geographic distribution of assets, with individual states or countries labeled with percentage values. On the right, two pie charts illustrate 'Collateral Diversification' by asset type and by region. </description><table><thead><tr><th>Category/Region</th><th>Value/Percentage</th></tr></thead><tbody><tr><td>Geographic Footprint - US States</td><td>WA 3%, NV 2%, CA 10%, HI 2%, AZ 2%, CO 2%, TX 4%, IL 2%, NY 9%, MA 1%, VA 3%, GA 2%, FL 7%, CAN 2%</td></tr><tr><td>Geographic Footprint - Europe/Other</td><td>UK 17%, IE 6%, SE 3%, NL 2%, DEU 2%, FR 1%, ES 4%, AU 7%</td></tr><tr><td>Collateral Diversification (Asset Type)</td><td>Industrial 26%, Multifamily 25%, US Office 18%, Non-US Office 7%, Hospitality 10%, Retail 5%, Self-Storage 3%, Life Sciences/Studio 2%, Other Property 4% (Note: Multifamily or Industrial combined total 51%)</td></tr><tr><td>Collateral Diversification (Region)</td><td>Sunbelt 25%, Northeast 13%, West 11%, Midwest 3%, Northwest 3%, UK 17%, Other Europe 19%, Australia 7%, Canada 2% (Note: International total 45%)</td></tr></tbody></table></figure>\n\nBlackstone Mortgage Trust, Inc.\n\n\nBlackstone\n\n\n22\n\n<!-- doc_id=parse-01m0ffh8evendqf9taamxp4arv -->",
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