---
schema_version: "secwatch.filing_event.v1"
accession: "0001662972-26-000096"
form_type: "8-K"
ticker: "BSTT"
cik: "0001662972"
company_name: "Blackstone Real Estate Income Trust, Inc."
filed_at: "2026-07-22T21:37:29+00:00"
generated_at: "2026-07-23T10:06:16.143891+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BREIT reports preliminary H1 2026 same property NOI up ~3% YoY; net loss narrows to ~$830M-$873M

## Summary
- Same property NOI (attributable to BREIT) expected $2.363B-$2.484B for H1 2026, up ~3% YoY.
- Estimated net loss for H1 2026: $830M-$873M, compared to $2.409B net loss in H1 2025 (improvement due to lower impairments and higher gains on dispositions).
- Impairment of investments in real estate estimated $229M-$240M (H1 2025: $341M); net gain on dispositions $834M-$877M (H1 2025: $600M).
- Management fee $348.8M, performance participation allocation $399.8M (H1 2025: $335.3M and $231.0M respectively).
- Data is preliminary, unaudited, and subject to change; Deloitte has not reviewed.

## SEC filing metadata
- accession: 0001662972-26-000096
- form_type: 8-K
- ticker: BSTT
- cik: 0001662972
- company_name: Blackstone Real Estate Income Trust, Inc.
- filed_at: 2026-07-22T21:37:29+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1662972/000166297226000096/0001662972-26-000096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1662972/000166297226000096/breit-20260722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001662972-26-000096
- JSON: https://secwatch.observer/filing/0001662972-26-000096.json
- Plain text: https://secwatch.observer/filing/0001662972-26-000096.txt

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