BXMT Advisors manages the investments and day-to-day operations of Blackstone Mortgage Trust (BXMT), a real estate finance company. BXMT originates, acquires, and manages senior loans and other debt investments related to commercial real estate in North America, Europe, and Australia. BXMT Advisors may also provide investment advisory services to other clients, including BXMT affiliates that issue collateralized loan obligations (CLOs).
Fee Structure
BXMT Advisors charges BXMT a management fee that is paid quarterly. The fee is the greater of $250,000 per year ($62,500 per quarter) or 1.50% per year (0.375% per quarter) of BXMT's Equity. The Adviser and its Affiliates will also, from time to time, receive (i) fees from, or with respect to, Portfolio Entities, borrowers or other third parties (x) as compensation for the arranging, underwriting, syndication or refinancing of an Investment, (y) as Additional Fees, including Acquisition Fees, loan modification or restructuring fees, servicing (including loan servicing) fees, special servicing and administrative fees, and (z) as fees for advisory (including investment banking and/or underwriting) or property/asset management services.