Blackstone Real Estate Income Trust (BSTT) appoints new CFO and Treasurer

Rhea-AI Filing Summary

Blackstone Real Estate Income Trust, Inc. appointed Paul Kolodziej as Chief Financial Officer and Treasurer, effective at the close of business on February 27, 2026. At the same time, Anthony Marone stepped down from these roles but will continue as Global Head of Real Estate Finance for Blackstone.

Kolodziej, age 46, is a Managing Director in Blackstone Real Estate and has held several senior finance roles at the Company, including Deputy Chief Financial Officer, Chief Accounting Officer and Controller. The filing notes he was requested by Blackstone to serve in this position and that there are no family relationships or related-party transactions requiring disclosure.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 26, 2026

Blackstone Real Estate Income Trust, Inc.

(Exact Name of Registrant as Specified in its Charter)

Maryland		000-55931		81-0696966
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS. Employer Identification No.)

345 Park Avenue

New York, New York 10154

(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code:

(212) 583-5000

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None

Title of each class Trading Symbol(s) Name of each exchange on which registered

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 26, 2026, the Board of Directors (the “Board”) of Blackstone Real Estate Income Trust, Inc. (the “Company”) appointed Paul Kolodziej as Chief Financial Officer and Treasurer of the Company, effective as of the close of business on February 27, 2026.

Concurrent with this appointment and effective as of the close of business on February 27, 2026, Anthony Marone stepped down from his role as the Company’s Chief Financial Officer and Treasurer. Mr. Marone will continue to serve as the Global Head of Real Estate Finance for Blackstone.

Mr. Kolodziej, 46, is a Managing Director with Blackstone Real Estate and served as the Company’s Deputy Chief Financial Officer from December 2023 to February 2026. He previously served as the Company’s Chief Accounting Officer and principal accounting officer from March 2019 to December 2023, and as the Company’s Controller from June 2016 to March 2019. Prior to joining Blackstone in June 2016, Mr. Kolodziej was a Senior Manager at PricewaterhouseCoopers LLP, where he provided assurance services to financial service clients focused on real estate investment trusts, private real estate funds and hedge funds. During his time at PricewaterhouseCoopers LLP, Mr. Kolodziej also completed a two-year rotation in PricewaterhouseCoopers LLP’s SEC Services Group within their National Office, focusing on client consultations over a wide range of matters related to security registrations and ongoing SEC filing requirements. Mr. Kolodziej received a B.S. in Accountancy from DePaul University and is a Certified Public Accountant.

Mr. Kolodziej is a Managing Director in Blackstone Real Estate and was requested by Blackstone to serve as Chief Financial Officer and Treasurer of the Company. There are no family relationships between Mr. Kolodziej and any director or executive officer of the Company and there are no transactions between him and the Company that would be required to be reported under Item 404(a) of Regulation S-K.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

				BLACKSTONE REAL ESTATE INCOME TRUST, INC.
Date: February 27, 2026
				By:		/s/ Leon Volchyok
				Name:		Leon Volchyok
				Title:		Chief Legal Officer

FAQ

What executive change did Blackstone Real Estate Income Trust (BSTT) disclose?

Blackstone Real Estate Income Trust appointed Paul Kolodziej as Chief Financial Officer and Treasurer, effective February 27, 2026. He replaces Anthony Marone in these roles, while Marone continues as Global Head of Real Estate Finance for Blackstone, maintaining continuity in the broader organization.

When does the new CFO appointment at BSTT become effective?

The CFO appointment becomes effective at the close of business on February 27, 2026. On that date, Paul Kolodziej assumes the roles of Chief Financial Officer and Treasurer, while Anthony Marone simultaneously steps down from those specific Company positions but remains in a senior finance role at Blackstone.

Who is the new CFO and Treasurer of Blackstone Real Estate Income Trust (BSTT)?

The new CFO and Treasurer is Paul Kolodziej, a Managing Director in Blackstone Real Estate. He previously served as Deputy Chief Financial Officer, Chief Accounting Officer, principal accounting officer, and Controller of the Company, bringing extensive internal experience with its finance and reporting functions.

What is Anthony Marone’s role after stepping down as BSTT’s CFO and Treasurer?

After stepping down as Chief Financial Officer and Treasurer, Anthony Marone continues as Global Head of Real Estate Finance for Blackstone. This means he leaves the specific Blackstone Real Estate Income Trust officer positions but maintains a senior leadership role within the broader Blackstone real estate finance platform.

Does BSTT report any related-party transactions or family relationships for the new CFO?

The Company states there are no family relationships between Paul Kolodziej and any director or executive officer. It also reports no transactions involving him and the Company that would require disclosure under Item 404(a) of Regulation S-K, indicating no reportable related-party dealings.

What prior experience does BSTT’s new CFO, Paul Kolodziej, have?

Paul Kolodziej previously served as Deputy Chief Financial Officer, Chief Accounting Officer, principal accounting officer, and Controller of the Company. Before joining Blackstone in 2016, he was a Senior Manager at PricewaterhouseCoopers LLP, providing assurance services to real estate-focused financial clients and working in its SEC Services Group.

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