---
schema_version: "secwatch.filing_event.v1"
accession: "0001662972-25-000174"
form_type: "8-K"
ticker: "BSTT"
cik: "0001662972"
company_name: "Blackstone Real Estate Income Trust, Inc."
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:31:11.338906+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BREIT sees ~3% YoY same property NOI growth in 9M 2025; net loss widens to ~$3.1B

## Summary
- Same property NOI attributable to BREIT stockholders estimated at $3.495-$3.674B for 9M 2025, up ~3% YoY.
- Net loss estimated at $3.04-$3.20B for 9M 2025 vs $1.36B loss in 9M 2024, reflecting higher impairments and interest costs.
- Preliminary unaudited results; subject to change upon completion of quarterly review.
- Key adjustments: interest expense $2.25-$2.37B, depreciation $2.36-$2.48B, management fee $502M.

## SEC filing metadata
- accession: 0001662972-25-000174
- form_type: 8-K
- ticker: BSTT
- cik: 0001662972
- company_name: Blackstone Real Estate Income Trust, Inc.
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1662972/000166297225000174/0001662972-25-000174-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1662972/000166297225000174/breit-20251022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001662972-25-000174
- JSON: https://secwatch.observer/filing/0001662972-25-000174.json
- Plain text: https://secwatch.observer/filing/0001662972-25-000174.txt

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