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BLACKSTONE RL EST CL1 8-K Filings

BSTT OTC

Every 8-K that BLACKSTONE RL EST CL1 (BSTT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow BSTT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BSTT filings page.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. (BSTT) sold 1,458,820 unregistered Class S-2 shares on October 1, 2026, for aggregate consideration of $21,550,813. The sale was part of the company’s continuous private offering and was exempt from Securities Act registration under Section 4(a)(2) and Regulation D.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. (BSTT) declared September 2026 distributions with a gross amount of $0.0554 per share for each class shown. After stockholder servicing fees, the net distributions are $0.0554 for Classes I and L; $0.0451 for S and S-2; $0.0525 for D and D-2; and $0.0453 for T and T-2.

Distributions are payable to stockholders of record immediately following the close of business on September 30, 2026, and will be paid on or about October 20, 2026. They will be paid in cash or reinvested in the applicable common-stock class for participants in the distribution reinvestment plan. Class C is described as an accumulating share class whose share of income accretes into NAV.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. (BSTT) reported that on September 1, 2026 it sold unregistered shares of its common stock as part of a continuous private offering to accredited investors. The company issued 1,796,772 Class S-2 shares for aggregate consideration of approximately $26.5 million.

The transaction was conducted as a private placement exempt from registration under the Securities Act, relying on Section 4(a)(2) and Regulation D exemptions. Only accredited investors participated in this offering.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. (BSTT) declared August 2026 monthly distributions on multiple classes of common stock. Each class will receive a gross distribution of $0.0557 per share, from which class-specific stockholder servicing fees are deducted to arrive at net amounts.

Net distributions per share are $0.0557 for Class I and Class L, $0.0451 for Class S and Class S-2, $0.0526 for Class D and Class D-2, and $0.0452 for Class T and Class T-2. The distributions are payable to stockholders of record immediately after the close of business on August 31, 2026 and will be paid on or about September 21, 2026, either in cash or through reinvestment under the distribution reinvestment plan. Class C is described as an accumulating share class whose income is reflected in NAV rather than a stated cash distribution.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. (BSTT) reported unregistered sales of Class C and Class L common stock in July and August 2026. These were primary issuances to investment vehicles and private investors, conducted under exemptions from Securities Act registration.

On July 1 and August 1, 2026, the company issued Class C shares to certain investment vehicles that offer interests to non-U.S. persons, for aggregate consideration of approximately $13.9 million, relying on Section 4(a)(2) and/or Regulation S. On August 1, 2026, it also issued Class L shares for aggregate consideration of approximately $20.0 million as part of a continuous private offering to investors who are both accredited investors and qualified purchasers, relying on Section 4(a)(2) and/or Regulation D. Share counts were finalized on August 14, 2026 after calculating net asset value per share as of July 31, 2026.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported that on August 1, 2026 it sold unregistered shares of its common stock for aggregate consideration of approximately $26.6 million in a private transaction.

The sale involved 1,817,941 Class S-2 shares of common stock, as part of the company’s continuous private offering to accredited investors. The transaction relied on exemptions from Securities Act registration under Section 4(a)(2) and Regulation D.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. declared July 2026 distributions for all outstanding classes of common stock. Each class has a gross distribution of $0.0557 per share, with different stockholder servicing fees resulting in class-specific net amounts.

Net per-share distributions include $0.0557 for Class I and Class L, $0.0451 for Class S and Class S-2, $0.0527 for Class D and Class D-2, and $0.0453 for Class T and Class T-2. Stockholders of record immediately following the close of business on July 31, 2026 will receive these distributions on or about August 20, 2026, in cash or reinvested through the distribution reinvestment plan. Class C is described as an accumulating share class whose income accretes into its NAV rather than being paid out as a cash distribution.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. states that its Class I shares produced a 10.3% net return over the last 12 months, with June 2026 net return of 1.1% and first-half 2026 return of 5.2%, marking 18 consecutive months of positive performance.

The vehicle highlights consistent income, citing a 4.6% annualized distribution rate for Class I shares and 2025 distributions that were 100% classified as return of capital, which it equates to a 7.3% tax-equivalent rate. Management notes five straight months of positive net inflows and the first positive net-flow quarter in nearly four years, with average ticket size up 18% year over year.

The portfolio is described as ~90% allocated to rental housing, industrial and data centers, with ~65% in Sunbelt markets. BREIT emphasizes large-scale data center exposure through QTS, including $5.7B deployed into pre-leased developments in the first half of 2026 and a $30B committed development pipeline, alongside strong industrial leasing and structurally undersupplied rental housing. All performance data is estimated, unaudited and subject to change.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported preliminary estimated unaudited results for the six months ended June 30, 2026. Management expects same property NOI for this period to be approximately 3% higher than for the same period in 2025, with same property NOI attributable to stockholders ranging from $2,362,651 thousand to $2,483,811 thousand, versus $2,352,596 thousand in 2025.

Preliminary GAAP net loss for the 2026 period is estimated between $830,415 thousand and $873,001 thousand, compared with a net loss of $2,408,767 thousand for the 2025 period. The reconciliation from net loss to same property NOI adds back or adjusts for items such as management fees, performance participation allocation, impairment of investments in real estate, depreciation and amortization, interest expense, portfolio-level corporate costs, and other non-property-related items.

These figures are preliminary, based on management’s estimates, and remain subject to completion of the June 30, 2026 financial statement review. The company states that actual results may differ materially, and its independent registered public accounting firm has not audited, reviewed, compiled or performed procedures on this data.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported an unregistered sale of its Class L common stock. On July 1, 2026, it issued 4,805,778 Class L shares for aggregate consideration of $70,000,000 as part of a continuous private offering.

The Class L shares were sold to investors that are both accredited investors under Regulation D of the Securities Act and qualified purchasers under the Investment Company Act. The company relied on Section 4(a)(2) and Regulation D exemptions, and finalized the share count on July 15, 2026 after calculating net asset value per share as of June 30, 2026.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported an unregistered equity sale on July 1, 2026. The company sold 2,931,697 Class S-2 common shares in a private transaction to accredited investors, receiving aggregate consideration of about $42.5 million.

The sale was conducted as part of the company’s continuous private offering and relied on exemptions from SEC registration under Section 4(a)(2) and Regulation D of the Securities Act. These shares were not registered for public sale and were sold only to qualified institutional or high net worth investors.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported results of its 2026 annual stockholder meeting and declared June 2026 distributions. At the meeting, 1,877,146,255 common shares, or approximately 53.09% of the 3,535,404,054 shares entitled to vote, were represented, establishing a quorum.

Stockholders elected eight directors, with each receiving over 1.55 billion votes in favor and broker non-votes of 198,531,717 on each nominee. They also ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 1,823,908,337 votes for, 14,808,059 against, and 38,429,859 abstentions.

The company declared June 2026 monthly distributions of $0.0553 per share of common stock, before stockholder servicing fees. Net distributions per share include $0.0553 for Class I and Class L, $0.0451 for Class S and Class S‑2, $0.0524 for Class D and Class D‑2, and $0.0453 for Class T and Class T‑2. These are payable to holders of record immediately after the close of business on June 30, 2026 and will be paid on or about July 20, 2026 in cash or through reinvestment. Class C is described as an accumulating share class whose income accretes into NAV.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported three unregistered sales of its Class C common stock to a feeder vehicle that offers interests to certain non-U.S. persons. These sales occurred on April 15, 2026, May 14, 2026 and June 12, 2026 under Section 4(a)(2) and Regulation S exemptions.

The company issued 161,776 Class C shares for $2,678,077 on April 15, 147,377 shares for $2,466,126 on May 14, and 264,504 shares for $4,465,544 on June 12. All transactions involved a feeder vehicle primarily created to hold the company’s Class I and Class C common stock.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported selling unregistered Class S-2 common shares in a private transaction to accredited investors. The company issued 2,845,626 shares for aggregate consideration of $41,044,521 as part of its continuous private offering program. These shares were sold under an exemption from SEC registration provided by Section 4(a)(2) and Regulation D of the Securities Act, meaning they were placed privately rather than through a public offering.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. announced that Zaneta Koplewicz has resigned as Co-President, Head of Shareholder Relations and as a member of the Board of Directors, effective June 24, 2026. The company states her departure is a personal decision and not due to any disagreement with the company, the Board or Blackstone.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. declared May 2026 distributions for all listed classes of common stock. Each class will receive a gross distribution of $0.0555 per share, with net amounts varying after stockholder servicing fees.

Net distributions per share are $0.0555 for Class I and Class L, $0.0451 for Class S and Class S-2, $0.0525 for Class D and Class D-2, and $0.0452 for Class T and Class T-2. These are payable to stockholders of record immediately after the close of business on May 31, 2026 and will be paid on or about June 22, 2026, in cash or through the distribution reinvestment plan. Class C is described as an accumulating share class whose income accretes into NAV rather than being paid out.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. provides an update on its Q1 2026 performance and portfolio strategy. The company reports a +2.0% net return for the quarter for Class I shares, following a +8.1% net return in 2025 and a +9.3% annualized net return since inception in 2017, based on estimated and unaudited data.

BREIT emphasizes consistent income, noting a 4.7% annualized distribution rate for 2025 (Class I) that was 100% classified as return of capital, equating to a 7.4% federal tax-equivalent rate, and distributions paid for 109 consecutive months23% of assets after investing $5.8B in 2025 and $2.4B in Q1 2026 into pre-leased developments.

The update highlights improving real estate capital markets, low new construction in key sectors, and stronger fundraising, with Q1 2026 subscriptions up 44% year-over-year. Extensive risk and forward-looking disclaimers underscore that performance figures are unaudited, depend on valuation assumptions, involve leverage, and that BREIT shares are illiquid and differ materially from public securities and index benchmarks.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. sold unregistered shares of its common stock in a private transaction. On May 1, 2026, the company issued 2,275,592 Class S-2 shares for aggregate consideration of approximately $32.6 million.

The shares were sold as part of a continuous private offering to investors that qualify as accredited investors under Regulation D of the Securities Act. The transaction was exempt from SEC registration under Section 4(a)(2) and Regulation D.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. declared April 2026 monthly distributions for all listed classes of its common stock. The gross distribution is $0.0551 per share for each class, with net amounts varying after stockholder servicing fees by share class.

Net distributions per share range from $0.0451 to $0.0551 depending on the class. They are payable to stockholders of record immediately after the close of business on April 30, 2026 and are expected to be paid on or about May 20, 2026, in cash or through reinvestment under the distribution reinvestment plan. Class C shares do not have a stated cash distribution because their income is designed to accrete into net asset value.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. announced preliminary estimated same property net operating income (NOI) for the three months ended March 31, 2026, expecting an increase of approximately 3% from the same period in 2025.

Preliminary estimated GAAP net loss for the quarter is in a range from $375,804k to $395,076k, reconciled to preliminary estimated same property NOI attributable to BREIT stockholders between $1,221,002k and $1,283,619k, compared with actual same property NOI of $1,215,798k in 2025.

The company highlights NOI as a non-GAAP measure focused on property-level performance, excluding items such as depreciation, impairments, corporate costs, interest expense and gains on real estate sales, and notes that these figures are unaudited and subject to potentially material adjustments.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported that on April 1, 2026 it sold unregistered Class S-2 common shares in a private transaction to accredited investors. The company issued 4,416,474 shares for aggregate consideration of about $63.2 million under a continuous private offering.

The shares were sold pursuant to an exemption from registration under Section 4(a)(2) and Regulation D of the Securities Act, allowing the company to raise additional equity capital without a public offering process.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. declared March 2026 monthly distributions for all listed classes of its common stock. Each class will receive a gross distribution of $0.0554 per share, with net amounts varying by share class after stockholder servicing fees.

Net per-share distributions are $0.0554 for Class I and Class L, $0.0524 for Class D and Class D-2, $0.0453 for Class T and Class T-2, and $0.0451 for Class S and Class S-2. These net distributions are payable to stockholders of record immediately after the close of business on March 31, 2026 and will be paid in cash or reinvested on or about April 20, 2026. Class C does not currently show a cash distribution because its income is designed to accrete into its net asset value.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported unregistered sales of its Class C common stock to a feeder vehicle that offers interests to certain non-U.S. persons. On February 12, 2026, the feeder received 231,365 Class C shares for $3,788,510, and on March 13, 2026 it received 1,009,093 Class C shares for $16,619,859. These transactions relied on exemptions from Securities Act registration under Section 4(a)(2) and Regulation S.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported that on March 2, 2026 it sold unregistered shares of its common stock in a private transaction to accredited investors. The Company issued 4,234,209 Class S-2 shares for aggregate consideration of approximately $60.4 million.

The offer and sale were conducted as part of the Company’s continuous private offering program and relied on exemptions from registration under Section 4(a)(2) and Regulation D of the Securities Act of 1933, limiting participation to investors meeting accredited investor standards.

Rhea-AI 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.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. declared February 2026 distributions for all outstanding common stock classes except Class C. Each class will receive a gross distribution of $0.0544 per share, with net amounts differing by class based on stockholder servicing fees.

For example, net distributions per share are $0.0544 for Class I and Class L, $0.0451 for Class S and Class S-2, $0.0517 for Class D and Class D-2, and $0.0453 for Class T and Class T-2. These net distributions are payable to stockholders of record immediately after the close of business on February 28, 2026 and are expected to be paid on or about March 20, 2026.

Distributions will be paid in cash or automatically reinvested in additional shares for investors enrolled in the distribution reinvestment plan. Class C has no stated cash distribution because it is generally an accumulating share class, with its share of income added into net asset value instead of being paid out.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported that on February 2, 2026 it sold unregistered shares of its common stock in a private transaction to accredited investors, raising aggregate consideration of approximately $8.0 million.

The company sold 565,571 Class S-2 shares for $7,990,770 under its continuous private offering, relying on the Section 4(a)(2) and Regulation D exemptions from Securities Act registration.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. declared January 2026 distributions for all classes of its common stock. Each class earns a gross distribution of $0.0554 per share, with different stockholder servicing fees reducing the net amount for certain share classes.

Net monthly distributions per share range from $0.0451–$0.0554 depending on class. They are payable to stockholders of record immediately after the close of business on January 31, 2026 and will be paid on or about February 20, 2026 in cash or reinvested through the distribution reinvestment plan. Class C is generally an accumulating share class, so its income is reflected in its net asset value rather than a stated cash distribution.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. (BREIT) released preliminary, unaudited results indicating that same property net operating income (NOI) for the year ended December 31, 2025 increased by approximately 3% versus 2024, based on the midpoint of its estimated range.

For 2025, BREIT estimates GAAP net loss between $3,536,045 and $3,717,381 (thousands), compared with an actual net loss of $979,782 (thousands) in 2024. The company provides a detailed reconciliation from this net loss to estimated same property NOI attributable to BREIT stockholders between $4,608,097 and $4,844,409 (thousands), versus actual same property NOI of $4,610,856 (thousands) in 2024.

BREIT emphasizes that NOI is a non-GAAP measure used to assess property-level operating performance and that these results are subject to change pending completion of its year-end audit.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported an unregistered sale of its Class C common stock. On January 14, 2026, the company issued 234,941 Class C shares to a feeder vehicle primarily created to hold its Class I and Class C common stock, for total consideration of $3,812,371. This feeder vehicle, in turn, offers interests in itself to certain non-U.S. persons.

The transaction was conducted as a private offering, relying on exemptions from registration under Section 4(a)(2) of the Securities Act of 1933 and Regulation S, which are commonly used for offerings to sophisticated or non-U.S. investors.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported that on January 2, 2026 it sold unregistered shares of its common stock in a private transaction. The company issued 874,792 Class S-2 shares for aggregate consideration of about $12,264,543, providing additional equity capital to the trust. These shares were sold as part of the company’s continuous private offering to investors who qualify as accredited investors under Regulation D.

The transaction was conducted under an exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933 and Regulation D, meaning the shares were not registered with the SEC and were placed privately rather than through a public offering.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. declared its December 2025 monthly distributions on December 30, 2025 for all listed classes of common stock. Each class will receive a gross distribution of $0.0553 per share, with the actual cash or reinvested amount varying by class after stockholder servicing fees.

Net distributions per share are $0.0553 for Class I, $0.0451 for Class S and Class S-2, $0.0524 for Class D and Class D-2, and $0.0452 for Class T and $0.0453 for Class T-2. These amounts are payable to stockholders of record immediately after the close of business on December 31, 2025 and are scheduled to be paid on or about January 20, 2026, either in cash or through reinvestment under the distribution reinvestment plan. Class C is described as an accumulating share class, so its share of income accretes into net asset value instead of a stated cash distribution.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported an unregistered sale of its Class C common stock to a feeder vehicle on December 12, 2025. The company issued 121,590 Class C shares for total consideration of $1,948,743 in a private transaction structured through a feeder that offers interests to certain non-U.S. persons.

The transaction relied on exemptions from Securities Act registration under Section 4(a)(2) and Regulation S, so the shares were sold without a public offering and are subject to the regulatory framework governing private and offshore offerings.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. (BREIT) furnished an update highlighting accelerating performance and portfolio positioning for Q3 2025. The trust reported a +1.65% net return for Class I shares in the quarter and +5.6% year-to-date through October, marking ten straight months of positive results and a +9.2% annualized net return since inception.

In 2024, 96% of BREIT’s distribution was classified as return of capital, turning a 4.8% cash distribution rate into a 7.5% tax-equivalent rate. Management notes that repurchase requests are down 96% from their peak and net flows are approaching positive, which they view as improving investor sentiment.

BREIT emphasizes data centers as a key growth engine, with $1.2B deployed into development in Q3 and $3.7B year-to-date 2025, primarily through its QTS platform and a fully pre-leased $25B+ development pipeline. The portfolio remains heavily concentrated in rental housing, industrial and data centers, and management cites falling interest rates, shrinking new construction and more active capital markets as supportive tailwinds for future performance.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported a private sale of common stock to accredited investors, raising approximately $7.8 million in new equity. The company sold 555,500 Class S-2 shares for aggregate consideration of $7,786,180.

The shares were issued in an unregistered transaction under the Securities Act exemptions provided by Section 4(a)(2) and Regulation D, as part of the trust’s continuous private offering program. This transaction brings in additional capital without using a registered public offering.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. declared November 2025 monthly distributions for all classes of its common stock except Class C. The gross distribution is $0.0549 per share for each class, with different stockholder servicing fees reducing the net amount by share class. For example, Class I common stock has a net distribution of $0.0549 per share, while Class S and Class S-2 each have a net distribution of $0.0451 per share.

The net distributions are payable to stockholders of record immediately after the close of business on November 30, 2025 and are scheduled to be paid on or about December 22, 2025. Stockholders may receive the distributions in cash or have them reinvested through the company’s distribution reinvestment plan. Class C shares have no stated cash distribution because their share of income is intended to accrete into net asset value rather than be paid out.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. (BSTT) disclosed an unregistered sale of its Class C common stock. On November 13, 2025, the company issued 384,089 Class C shares to a feeder vehicle primarily created to hold its Class I and Class C common stock, which then offers interests to certain non-U.S. persons.

The transaction raised $6,091,039 in consideration and relied on exemptions from registration under Section 4(a)(2) and Regulation S of the Securities Act of 1933. This structure allows the company to access non-U.S. capital through the feeder vehicle without registering the shares under the Securities Act.

Rhea-AI Summary

Blackstone Real Estate Income Trust (BSTT) reported the sale of unregistered common stock in a private transaction. On November 1, 2025, the company sold 570,186 Class S-2 shares for aggregate consideration of $7,943,299.

The shares were offered as part of the company’s continuous private offering to accredited investors and were issued under exemptions from registration provided by Section 4(a)(2) and Regulation D of the Securities Act. The transaction brings cash into the company through a non‑public capital raise.

Rhea-AI Summary

Blackstone Real Estate Income Trust (BREIT) launched a Delaware Statutory Trust (DST) program to offer DST interests to accredited investors in private placements under Section 4(a)(2) and Regulation D. DST properties will be master‑leased by a BREIT subsidiary, and the Operating Partnership holds a fair market value purchase option to acquire DST interests for Operating Partnership units or, in certain cases, cash, with unit redemptions later settled in BREIT common stock, cash, or both at the Company’s discretion.

BREIT also introduced new private share classes, Class L and Class L‑2, with minimum initial investments of $50 million and $250 million and added holding and repurchase limits. The advisory agreement now sets annual management fees of 1.25% of NAV for most existing classes, 1.00% for Class L, and 0.85% for Class L‑2, payable monthly. BREIT increased authorized capital to 17,400,000,000 shares (common authorized at 17,300,000,000) and designated 500,000,000 shares each for Class L and Class L‑2. The share repurchase plan was amended to include the new classes.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. (BSTT) declared October 2025 distributions for all common stock classes with a gross distribution of $0.0552 per share. Net amounts reflect class-specific stockholder servicing fees.

Net distributions per share: Class I $0.0552; Class D $0.0523; Class D-2 $0.0523; Class S $0.0451; Class S-2 $0.0452; Class T $0.0453; Class T-2 $0.0453. Stockholders of record immediately after the close of business on October 31, 2025 will be paid on or about November 20, 2025.

Distributions will be paid in cash or reinvested through the distribution reinvestment plan. Class C has no distribution amount presented; it is generally an accumulating share class whereby its share of income accretes into NAV.

Rhea-AI Summary

Blackstone Real Estate Income Trust (BSTT) reported preliminary estimated unaudited results, expecting same property NOI for the nine months ended September 30, 2025 to increase about 3% from the prior-year period. Management bases this on the midpoint of its preliminary range.

For the nine months ended September 30, 2025, preliminary same property NOI attributable to BREIT stockholders is listed between $3,495,173 and $3,674,411 (thousands). The filing also presents a preliminary GAAP net loss range for 2025 of $(3,044,229) to $(3,200,343) (thousands), compared with $(1,359,803) (thousands) for 2024 actual. NOI is a non‑GAAP measure reflecting property-level revenues less certain operating expenses and excludes items such as depreciation and amortization, interest expense, gains/losses on real estate transactions, corporate costs, and similar adjustments.

The figures are preliminary and unaudited; actual results may differ materially.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported unregistered sales of Class C common stock to a feeder vehicle formed to hold the Company’s Class I and Class C shares. The sales were made pursuant to Section 4(a)(2) and Regulation S.

On September 15, 2025, the Company issued 12,703 Class C shares for $198,522. On October 14, 2025, it issued 2,949,001 Class C shares for $46,387,790. The feeder vehicle offers interests in itself to certain non-U.S. persons.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. reported an unregistered sale of its common stock on October 1, 2025. The company sold approximately $7.2 million of Class S-2 shares in a private transaction.

The sale covered 513,844 Class S-2 shares for aggregate consideration of $7,162,642. These shares were sold as part of the company’s continuous private offering to accredited investors under Regulation D and Section 4(a)(2) of the Securities Act.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. declared monthly distributions for September 2025 on all listed common stock classes at a gross rate of $0.0548 per share. The net amount each stockholder receives varies slightly by share class after deducting stockholder servicing fees.

Net distributions per share are $0.0451 for Class S and S-2, $0.0548 for Class I, $0.0452 for Class T and T-2, and $0.0520 for Class D and D-2. These distributions are payable to stockholders of record immediately after the close of business on September 30, 2025 and are expected to be paid on or about October 20, 2025.

Stockholders can receive the distributions in cash or have them reinvested in additional shares through the company’s distribution reinvestment plan. Class C shares are described as an accumulating share class, so their share of income is reflected through increases in net asset value rather than a stated cash distribution amount.

Rhea-AI Summary

Blackstone Real Estate Income Trust, Inc. disclosed senior leadership and board changes: two executives were appointed as Co-Presidents, joining A.J. Agarwal, with those roles effective November 10, 2025. The board also elected Mses. Keenan and Koplewicz as directors effective November 10, 2025. A previously serving Co-President and director stepped down from those roles and returned to the role of Head of Asset Management and will serve as a board observer. The filing highlights Ms. Keenan's background overseeing commercial real estate debt investments at Blackstone and her leadership roles at Blackstone Mortgage Trust.