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:   2026-07-22T21:37:29+00:00
Accession:  0001662972-26-000096
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1662972/000166297226000096/0001662972-26-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1662972/000166297226000096/breit-20260722.htm
  HTML page:      https://secwatch.observer/filing/0001662972-26-000096

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