Blackstone Real Estate Income Trust, Inc. 8-K

What Happened
Blackstone Real Estate Income Trust, Inc. announced (Item 3.02) that on March 2, 2026 it sold 4,234,209 unregistered Class S-2 shares for aggregate consideration of approximately $60,369,444. The purchase price equaled the net asset value (NAV) per Class S-2 share as of January 31, 2026, plus upfront selling commissions.

Key Details

• Number of shares sold: 4,234,209 Class S-2 shares.
• Aggregate consideration: $60,369,444 (includes upfront selling commissions of ~$253,832).
• Sale type: Part of the company’s continuous private offering to accredited investors; exempt from Securities Act registration under Section 4(a)(2) and Regulation D.
• Commissions: Upfront selling commissions were retained by, or reallowed (paid) to, participating broker-dealers.

Why It Matters
This filing reports a capital raise of roughly $60.4 million through a private placement of Class S-2 shares. For existing shareholders, new share issuance can increase the company’s capital base but may also affect per-share metrics (e.g., NAV per share or ownership percentages) depending on how proceeds are used. The filing does not specify the use of proceeds. The sale being exempt under Regulation D indicates it was offered only to accredited investors as part of the company’s ongoing private offering program.