Nnenna Lynch Appointed to Board of Administrators of Blackstone Mortgage Belief | Nationwide Enterprise

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NEW YORK–(BUSINESS WIRE)–Jul 21, 2021–

Blackstone Mortgage Belief, Inc. (NYSE: BXMT) introduced at present that Nnenna Lynch has been appointed to its Board of Administrators, efficient instantly.

Ms. Lynch brings a various array of information and expertise in actual property funding and growth to the BXMT board. She is Founder & CEO of Xylem Initiatives, a mission-driven actual property agency centered on preserving workforce housing and growing mixed-use initiatives, and is a seasoned government in city redevelopment with a track-record of main initiatives in the private and non-private sectors.

Michael B. Nash, Government Chairman of the Board of BXMT, mentioned: “We’re thrilled to welcome Nnenna to our Board of Administrators. Her deep expertise in actual property throughout areas together with mixed-use, residential, industrial and inexpensive housing in addition to sustainability and public coverage will probably be invaluable as we proceed to develop our enterprise.”

Previous to founding Xylem Initiatives, Ms. Lynch served because the Managing Principal and Head of Growth for The Georgetown Firm, a privately held diversified actual property firm. She was additionally beforehand a Senior Coverage Advisor for Mayor Michael Bloomberg in New York Metropolis the place she spearheaded initiatives together with large-scale redevelopment initiatives. Ms. Lynch is a graduate of Villanova College, the place she received 5 NCAA monitor titles, and Oxford College, the place she attended as a Rhodes Scholar. She additionally sits on the boards of Avalon Bay (NYSE: AVB) and New York Highway Runners.

About Blackstone Mortgage Belief

Blackstone Mortgage Belief (NYSE:BXMT) is an actual property finance firm that originates senior loans collateralized by industrial actual property in North America, Europe, and Australia. Our funding goal is to protect and shield shareholder capital whereas producing engaging risk-adjusted returns primarily by way of dividends generated from present revenue from our mortgage portfolio. Our portfolio consists primarily of loans secured by high-quality, institutional property in main markets, sponsored by skilled, well-capitalized actual property funding house owners and operators. These senior loans are capitalized by accessing quite a lot of financing choices, relying on our view of essentially the most prudent technique out there for every of our investments. We’re externally managed by BXMT Advisors L.L.C., a subsidiary of Blackstone. Additional info is out there at www.bxmt.com.

View supply model on businesswire.com:https://www.businesswire.com/information/dwelling/20210721005933/en/

CONTACT: Blackstone

+1 (212) 583-5263

PressInquiries@Blackstone.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: Blackstone Mortgage Belief, Inc.

Copyright Enterprise Wire 2021.

PUB: 07/21/2021 04:33 PM/DISC: 07/21/2021 04:33 PM

http://www.businesswire.com/information/dwelling/20210721005933/en

Copyright Enterprise Wire 2021.

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