Blackstone Mortgage Trust Declares $0.62 Per Share Dividend

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TO BUSINESS EDITORS:

Blackstone Mortgage Trust Declares $0.62 Per Share Dividend

NEW YORK, Sept. 13, 2016 /PRNewswire/ –Blackstone Mortgage Trust,

Inc. (NYSE: BXMT) today declared a dividend of $0.62 per share of

class A common stock with respect to the third quarter of 2016. This

dividend is payable on October 14, 2016 to stockholders of record as

of the close of business on September 30, 2016.

About Blackstone Mortgage Trust Blackstone Mortgage Trust, Inc.

(NYSE:BXMT) is a real estate finance company that originates and

acquires senior loans collateralized by properties in North America

and Europe. BXMT is a real estate investment trust headquartered in

New York City and is externally managed by BXMT Advisors L.L.C., a

subsidiary of Blackstone. Further information is available at

www.bxmt.com.

About Blackstone Blackstone (NYSE:BX) is one of the world’s leading

investment firms. Blackstone seeks to create positive economic impact

and long-term value for its investors, the companies it invests in,

and the communities in which it works. Blackstone does this by using

extraordinary people and flexible capital to help companies solve

problems. Blackstone’s asset management businesses, with over $350

billion in assets under management, include investment vehicles

focused on private equity, real estate, public debt and equity,

non-investment grade credit, real assets and secondary funds, all on a

global basis. Further information is available at www.blackstone.com.

Follow Blackstone on Twitter @Blackstone.

Forward-Looking Statements This release may contain forward-looking

statements within the meaning of Section 27A of the Securities Act of

1933, as amended, and Section 21E of the Securities Exchange Act of

1934, as amended, which reflect Blackstone Mortgage Trust’s current

views with respect to, among other things, Blackstone Mortgage Trust’s

operations and financial performance, including performance of the

loan portfolio acquired from GE Capital. You can identify these

forward-looking statements by the use of words such as “outlook,”

“indicator,” “believes,” “expects,” “potential,” “continues,” “may,”

“will,” “should,” “seeks,” “approximately,” “predicts,” “intends,”

“plans,” “estimates,” “anticipates” or the negative version of these

words or other comparable words. Such forward-looking statements are

subject to various risks and uncertainties. Accordingly, there are or

will be important factors that could cause actual outcomes or results

to differ materially from those indicated in these statements.

Blackstone Mortgage Trust believes these factors include but are not

limited to those described under the section entitled “Risk Factors”

in its Annual Report on Form 10-K for the fiscal year ended December

31, 2015, as such factors may be updated from time to time in its

periodic filings with the Securities and Exchange Commission (“SEC”)

which are accessible on the SEC’s website at www.sec.gov. These

factors should not be construed as exhaustive and should be read in

conjunction with the other cautionary statements that are included in

this release and in the filings. Blackstone Mortgage Trust assumes no

obligation to update or supplement forward-looking statements that

become untrue because of subsequent events or circumstances.

To view the original version on PR Newswire,

visit:http://www.prnewswire.com/news-releases/blackstone-mortgage-trust-declares-062-per-share-dividend-300327363.html

SOURCE Blackstone Mortgage Trust, Inc.

-0- 09/13/2016

/CONTACT: Weston Tucker, Investor Relations, Blackstone, +1 (212) 583-5231, tucker@blackstone.com; Paula Chirhart, Media Relations, Blackstone, +1 (212) 583-5263, paula.chirhart@blackstone.com

/Web Site: http://www.blackstone.com

(NYSE:BXMT /

NYSE:BX) /

CO: Blackstone Mortgage Trust, Inc.

ST: New York

IN: FIN RLT RRL

SU: DIV

PRN

— NY90628 —

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