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Blackstone Mortgage Trust REIT: Carson Block, the CEO of Muddy Waters, told attendees at the Sohn Conference in London that Blackstone s real estate investment trust (REIT) faced issues of over supply, under-funded loan commitments, expiring leases and that its net operating income was compromised.
Blackstone s Mortgage Trust
shares fell as much as 9% on Wednesday after
short-selling hedge fund Muddy Waters said that it had taken out
a short position in Blackstone s real estate.
Muddy Waters Research is out with a new short position that founder Carson Block discussed Wednesday in an interview on CNBC's "The Exchange."