secwatch.observer — SEC 8-K summary
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Issuer:     Blackstone Real Estate Income Trust, Inc. (BSTT)
CIK:        0001662972
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0001662972-26-000015
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

BREIT reports preliminary same property NOI up ~3% YoY; GAAP net loss widens to ~$3.6B
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- Same property NOI attributable to BREIT stockholders estimated at $4.61B-$4.84B for 2025, up ~3% from 2024's $4.61B.
- Estimated GAAP net loss for 2025 is $3.54B-$3.72B, compared to $0.98B net loss in 2024.
- Adjustments include $671M management fee, $578M-$608M performance participation, $594M-$625M impairment, $3.1B-$3.3B depreciation.
- Results are preliminary, unaudited, and subject to change upon completion of the audit by Deloitte & Touche LLP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1662972/000166297226000015/0001662972-26-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1662972/000166297226000015/breit-20260128.htm
  HTML page:      https://secwatch.observer/filing/0001662972-26-000015

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