{ "markdown": "BXMT TARGET LOAN INVESTMENTS\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Loan Size$50M to $500M+
CollateralFirst mortgages on stabilized or value-add assets
Property TypeAll commercial property types
GeographiesNorth America, Western Europe and Australia
Loan to ValueLast dollar 50% to 75%
RateSOFR + 2.25% and higher, scaled to risk
Term3 to 5 years
AmortizationTypically interest only
FeesTypically 1.0% origination fee and 0.25% to 0.50% extension fees
Prepayment12 to 24 months of spread maintenance
\n\nBlackstone Mortgage Trust, Inc.\n\n\nBlackstone | 7\n\n", "structure": { "type": "document", "markdown": null, "children": [ { "type": "page", "page": null, "span": null, "width": null, "height": null, "dpi": null, "grounding": { "page": 1, "range": { "start": 0, "end": 802 }, "box": { "xmin": 0.0, "ymin": 0.0, "xmax": 1.0, "ymax": 1.0 } }, "markdown": null, "status": "ok", "reason": null, "children": [ { "type": "marginalia", "id": "marginalia-0", "span": null, "grounding": { "page": 1, "range": { "start": 0, "end": 29 }, "box": { "xmin": 0.04498346, "ymin": 0.02934334, "xmax": 0.32161307, "ymax": 0.06220437 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 0, "end": 29 }, "box": { "xmin": 0.04806547, "ymin": 0.03581763, "xmax": 0.31684156, "ymax": 0.05801455 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null }, { "type": "table", "id": "table-0", "span": null, "grounding": { "page": 1, "range": { "start": 31, "end": 749 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