Blackstone Real Estate Income Trust, Inc. 8-K

What Happened

• Blackstone Real Estate Income Trust, Inc. filed an 8‑K (July 6, 2026) reporting the unregistered sale of 2,931,697 Class S‑2 common shares for aggregate consideration of approximately $42,508,936. The purchase price equaled the net asset value (NAV) per Class S‑2 share as of May 31, 2026 plus applicable upfront selling commissions.

Key Details

• Number of shares sold: 2,931,697 Class S‑2 shares.
• Aggregate proceeds: ~$42,508,936 (includes upfront selling commissions of ~$252,627).
• Implied per‑share price: approximately $14.50 (based on aggregate consideration / shares sold).
• Offering type and exemption: sold in the company’s continuous private offering to accredited investors; exempt from registration under Section 4(a)(2) and Regulation D.

Why It Matters

• The company raised roughly $42.5 million of capital through a private placement, which can be used for operations, investments or to support its portfolio (the filing does not specify use).
• The sale increases the number of outstanding Class S‑2 shares by 2.93 million and involved upfront commissions paid to participating broker‑dealers (~$252.6k).
• Because the shares were sold in a private offering to accredited investors and exempt from registration, the transaction did not go through a public offering process.