Sign in

    Unknown Analyst • BTIG, LLC

    Unknown Analyst's questions to Blackstone Mortgage Trust Inc (BXMT) leadership

    Unknown Analyst's questions to Blackstone Mortgage Trust Inc (BXMT) leadership • Q4 2024

    Question

    An analyst from BTIG sought clarification on the projection that 40% of the portfolio could be 2025 originations and asked how BXMT's net lease strategy would differentiate itself in a competitive market.

    Answer

    CEO Katharine Keenan explained that they anticipate higher repayment volumes in 2025 compared to 2024, which would fuel the high level of reinvestment. Regarding the net lease strategy, she emphasized a 'build, not buy' approach, focusing on creating a granular, diversified portfolio from scratch, which differentiates them from larger platforms that need to deploy capital at scale.

    Ask Fintool Equity Research AI

    Unknown Analyst's questions to MeridianLink Inc (MLNK) leadership

    Unknown Analyst's questions to MeridianLink Inc (MLNK) leadership • Q2 2024

    Question

    An analyst from BTIG asked where the benefits of potential rate cuts would materialize first—mortgage or non-mortgage lending—and inquired about differing sales trends between banks, credit unions, and new versus existing customers.

    Answer

    President and CFO Larry Katz explained that while rate cuts are a positive leading indicator, the impact on auto lending will be gradual due to affordability issues, whereas mortgage is more immediately responsive. CEO Nicolaas Vlok noted that cross-selling to existing customers is very strong, while new logo sales cycles are slower but improving. He sees more similarities than differences in buying behavior between banks and credit unions.

    Ask Fintool Equity Research AI