Katie Keenan
Chief Executive Officer
Replay available
Blackstone Inc. (NYSE: BX) Q3 2025 earnings conference call, held 2025-10-29. Replay captured from the company's public earnings webcast.

Chief Executive Officer
Vice President, Shareholder Relations
Analyst, KBW
Analyst, Green Street
Analyst, BTIG
Analyst, UBS
Analyst, Wells Fargo
Analyst, JP Morgan
Chief Financial Officer
Chair of the Board & Incoming CEO
Good day and welcome to the Blackstone Mortgage Trust third quarter 2025 investor call. Today's call is being recorded. At this time, all participants are in listen-only mode. If you require operator assistance at any time, please press star zero. If you would like to ask a question, please signal by pressing star one on your telephone keypad. If you're using a speakerphone, please make sure your mute function is turned off to allow your signal to reach our equipment. At this time, I'd like to turn the conference over to Tim Hayes, Vice President, Shareholder Relations. Please go ahead. Good morning, and welcome, everyone, to Blackstone Mortgage Trust's third quarter 2025 earnings conference call. I'm joined today by Katie Keenan, Chief Executive Officer, Tim Johnson, Chair of BX&T's Board and Global Head of Breds, Tony Marone, Chief Financial Officer, Austin Pena, Executive Vice President of Investments, and Marcin Urbasic, Deputy Chief Financial Officer. This morning, we filed our 10-Q and issued a press release with a presentation of our results, which are available on our website and have been filed with the SEC. I'd like to remind everyone that today's call may include forward-looking statements which are subject to risks, uncertainties, and other factors outside of the company's control. Actual results may differ materially. For discussion of some of the risks that could affect results, please see the risk factors section of our most recent 10-K. We do not undertake any duty to update forward-looking statements. We will also refer to certain non-GAAP measures on this call. And for reconciliations, you should refer to the press release and 10Q. This audio cast is copyrighted material of Blackstone Mortgage Trust and may not be duplicated without our consent. For...