Blackstone Mortgage Trust, Inc. Announces Appointment of Nnenna Lynch to Its Board of Directors
July 21, 2021 at 04:33 pm
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Blackstone Mortgage Trust, Inc. announced that Nnenna Lynch has been appointed to its Board of Directors, effective immediately. Ms. Lynch brings a diverse array of knowledge and experience in real estate investment and development to the BXMT board. She is Founder & CEO of Xylem Projects, a mission-driven real estate firm focused on preserving workforce housing and developing mixed-use projects, and is a seasoned executive in urban redevelopment with a track-record of leading initiatives in the public and private sectors. Prior to founding Xylem Projects, Ms. Lynch served as the Managing Principal and Head of Development for The Georgetown Company, a privately held diversified real estate company. She was also previously a Senior Policy Advisor for Mayor Michael Bloomberg in New York City where she spearheaded initiatives including large-scale redevelopment projects.
Blackstone Mortgage Trust, Inc. is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia. The Companyâs investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns primarily through dividends generated from current income from its loan portfolio. Its portfolio is composed primarily of loans secured by high-quality, institutional assets in major markets, sponsored by experienced, well-capitalized real estate investment owners and operators. These senior loans are capitalized by accessing a variety of financing options, depending on its view of the most prudent strategy available for each of its investments. The Company conducts its operations as a real estate investment trust for the United States federal income tax purposes. The Company is externally managed by BXMT Advisors L.L.C.