Blackstone Mortgage Trust, Inc. announced that global hospitality expert Gilda Perez-Alvarado has been appointed to its Board of Directors. BXMT also announced that Martin L. Edelman will leave the Board after years of dedicated service to BXMT since its inception. Both changes to the Board are effective February 1, 2023.

Ms. Perez-Alvarado is the Global Chief Executive Officer of JLL Hotels & Hospitality Group. She brings broad expertise in global investment and capital markets as well as business operations to the BXMT Board. Over her 18 years at JLL Hotels & Hospitality, Ms. Perez-Alvarado has overseen activities in investment sales, debt and equity placement, strategic advisory and asset management in the United States, Europe, the Middle East, and Asia, and she currently runs the Group's cross-border investment sales team.

Prior to joining JLL, she worked in the Hospitality and Leisure advisory practice at PricewaterhouseCoopers. Ms. Perez-Alvarado also serves as a member of the Board of Directors of Sonder, the Board of Trustees of Cornell University, IREFAC, and the Cornell School of Hotel Administration Dean's Advisory Board. Ms. Perez-Alvarado received a Bachelor of Science from the Cornell School of Hotel Administration, where she graduated with Honors.

She received her Master's in Business Administration from Instituto de Empresa (IE Business School) in Madrid.