Muddy Waters says it is short Blackstone Mortgage Trust
In this article:
LONDON, Dec 6 (Reuters) - Short-selling hedge fund Muddy Waters said on Wednesday that it had taken out a short position in Blackstone's Mortgage Trust.
Carson Block, the CEO of the firm, told attendees at the Sohn Conference in London that the real estate investment trust faced issues of over supply, underfunded loan commitments, expiring leases and that the net operating income was compromised.
Blackstone did not immediately respond to a request for comment. (Reporting by Nell Mackenzie; Dhara Ranasignhe)
