---
schema_version: "secwatch.filing_event.v1"
accession: "0001662972-24-000123"
form_type: "8-K"
ticker: "BSTT"
cik: "0001662972"
company_name: "Blackstone Real Estate Income Trust, Inc."
filed_at: "2024-08-22T23:59:59+00:00"
generated_at: "2026-05-31T08:05:01.896682+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# BREIT names COO Wesley LePatner CEO effective Jan 1, 2025; current CEO Frank Cohen retires, remains Chairman

## Summary
- Wesley LePatner promoted from COO to CEO effective January 1, 2025; she has been a director and COO since July 2016.
- Frank Cohen retires as CEO after nearly 30 years at Blackstone; will remain Chairman of BREIT's Board.
- BREIT reported 10% annualized net return on Class I shares since inception 7.5 years ago, outperforming public REITs.
- Portfolio over 85% concentrated in data centers, industrial, and rental housing in Sunbelt markets.
- LePatner is a Senior Managing Director and Global Head of Blackstone's Core+ real estate business.

## SEC filing metadata
- accession: 0001662972-24-000123
- form_type: 8-K
- ticker: BSTT
- cik: 0001662972
- company_name: Blackstone Real Estate Income Trust, Inc.
- filed_at: 2024-08-22T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1662972/000166297224000123/0001662972-24-000123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1662972/000166297224000123/breit-20240821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001662972-24-000123
- JSON: https://secwatch.observer/filing/0001662972-24-000123.json
- Plain text: https://secwatch.observer/filing/0001662972-24-000123.txt

## Key facts
- Executive change
  Frank Cohen retired as Chief Executive Officer at Blackstone Real Estate Income Trust, Inc..
  - Action: retired
  - Role: Chief Executive Officer
  source text: Mr. Cohen delivered his retirement notice with respect to his position as Chief Executive Officer of the Company on August 21, 2024, with an effective date of January 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1662972/000166297224000123/0001662972-24-000123-index.htm
- Executive change
  Wesley LePatner changed role as Chief Executive Officer at Blackstone Real Estate Income Trust, Inc..
  - Action: promoted
  - Role: Chief Executive Officer
  source text: On August 21, 2024, the Board of Directors (the “Board”) of Blackstone Real Estate Income Trust, Inc. (the “Company”) promoted Wesley LePatner, the Company’s current Chief Operating Officer and a director, to be the Company’s new Chief Executive Officer, effective January 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1662972/000166297224000123/0001662972-24-000123-index.htm

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