10 Most Undervalued REIT Stocks to Invest In Now

4. Blackstone Mortgage Trust, Inc. (NYSE:BXMT)

Number of Hedge Fund Holders: 21

Forward P/E: 13.77

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) is a publicly traded commercial mortgage real estate investment trust that originates senior loans on commercial real estate in North America, Europe, and Australia. The REIT’s portfolio comprises primarily of senior loans secured by high-quality, institutional assets situated in major markets and sponsored by experienced real estate investment owners and operators.

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) is managed by Blackstone, the world’s largest owner of commercial real estate having total assets under management of more than $1.1 trillion and hence, the REIT remains uniquely positioned to capture the real estate debt market opportunity. In the prevailing environment, Blackstone Mortgage Trust, Inc. (NYSE:BXMT) is capitalizing on an attractive market environment by boosting new investment activity and continued loan resolution and repayment momentum. The REIT had robust 2024 repayments of $5.2 billion. The robust repayment activity led to a quarter-over-quarter decrease in debt-to-equity ratio for the REIT from 3.8x to 3.5x. Simultaneously, investment activity accelerated with over $2 billion of new loan originations closed or in closing in Q1 2025 to date, as of December 31, 2024.