Blackstone Inc. is famous for being one of the world's largest private real estate investment trusts (REITs). The company also has a public mortgage REIT known as Blackstone Mortgage Trust Inc. (NYSE:BXMT). Now, Muddy Waters Research, one of Wall Street's most infamous short-selling firms, may be taking aim at Blackstone Mortgage in 2024. 2023 Has Been Challenging on All Fronts for Blackstone It's been a challenging year for both Blackstone Inc.'s private real estate investment trust (REIT) and
If ABR closes above $14 on January 19, we will be assigned and earn a total return of $0.70 on $13.30 per share at risk, or 5.26%. Over a 38-day holding period, the annualized return would be 50.6%.