---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-187284"
form_type: "8-K"
ticker: null
cik: "0002049733"
company_name: "Blackstone Private Real Estate Credit & Income Fund"
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T03:17:23.780253+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Blackstone Real Estate Credit Fund obtains $150M revolving credit facility with Wells Fargo

## Summary
- Up to $150M revolver; matures April 23, 2029; subject to LTV and NAV covenants.
- Interest rate: alternate base rate +1.40% or Term SOFR/Daily Simple SOFR +2.40%.
- Accordion feature permits increase to greater of $160M or 20% of NAV.
- Proceeds for general corporate purposes including acquisitions and working capital.
- Facility includes $25M letter of credit sublimit; unused fee of 0.35% per annum.

## SEC filing metadata
- accession: 0001193125-26-187284
- form_type: 8-K
- cik: 0002049733
- company_name: Blackstone Private Real Estate Credit & Income Fund
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2049733/000119312526187284/0001193125-26-187284-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2049733/000119312526187284/d112233d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-187284
- JSON: https://secwatch.observer/filing/0001193125-26-187284.json
- Plain text: https://secwatch.observer/filing/0001193125-26-187284.txt

## Source-grounded claims
- claim_id: f6407db62cddbb5d0fc3269a28b0309d582981ad
  claim: Blackstone Private Real Estate Credit & Income Fund incurred revolving credit of up to $150,000,000 with Wells Fargo Bank, N.A. at per annum rate equal to, (x) for loans for which the Borrower elects the base ra maturing April 23, 2029.
  evidence_excerpt: as administrative agent (the “Administrative Agent”). The Revolving Credit Facility provides for borrowings in U.S. dollars in an initial aggregate principal amount of up to $150,000,000. Borrowings under the Revolving Credit Facility are subject to compliance with a maximum loan to value ratio and a minimum net asset value (“NAV”). The Revolving Credit Facility
  evidence_url: https://www.sec.gov/Archives/edgar/data/2049733/000119312526187284/0001193125-26-187284-index.htm
- claim_id: 26f8a538fb4962767d80a53bead12fc904ead1f5
  claim: Blackstone Private Real Estate Credit & Income Fund entered into Revolving Credit Facility with Wells Fargo Bank, N.A. as administrative agent valued at $150,000,000 (effective 2026-04-23).
  evidence_excerpt: On April 23, 2026, Blackstone Private Real Estate Credit and Income Fund (the “Fund”) and BREC Holdings, LP (the “Borrower”) entered into a revolving credit facility (the “Revolving Credit Facility”) with Wells Fargo Bank, N.A. as administrative agent (the “Administrative Agent”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2049733/000119312526187284/0001193125-26-187284-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.