Blackstone Mortgage Trust, Inc., formerly Capital Trust, Inc. is a self-managed, real estate finance and investment management company that specializes in credit sensitive financial products. The Company's investment programs are focused on loans and securities backed by commercial real estate assets. The Company invests for its own account and for third parties through a series of investment management vehicles. Capital Trust, Inc. conducts its operations as a real estate investment trust (REIT). In December 2012, the Company announced that an affiliate of Blackstone completed the previously announced acquisition of its investment management business, operated through its subsidiary, CT Investment Management Co., LLC (CTIMCO).