---
schema_version: "secwatch.filing_event.v1"
accession: "0001662972-26-000156"
form_type: "8-K"
ticker: "BSTT"
cik: "0001662972"
company_name: "Blackstone Real Estate Income Trust, Inc."
filed_at: "2026-10-22T10:49:45+00:00"
generated_at: "2026-10-22T10:55:13.144707+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BREIT preliminary 9M 2026: same property NOI up ~3% YoY, net loss narrows to ~$1.15B from $3.12B

## Summary
- Preliminary same property NOI attributable to BREIT stockholders estimated at $3.46B-$3.64B for 9M 2026 vs $3.44B actual in 9M 2025, up ~3% at the midpoint.
- Estimated net loss of $1.12B-$1.18B, narrowing from a $3.12B loss a year earlier; income from interest rate derivatives swung to ~$72M from a $758M loss.
- Impairments of investments in real estate estimated at $703M-$739M vs $369M in 9M 2025; net gain on dispositions $1.18B-$1.24B vs $933M.
- Performance participation allocation rose to $562.8M from $355.0M and management fee to $530.1M from $502.1M; interest expense, net fell to $1.93B-$2.03B from $2.31B.
- Deloitte & Touche has not audited, reviewed or compiled the preliminary data; BREIT warns actual results may differ materially once its 9M review is complete.

## SEC filing metadata
- accession: 0001662972-26-000156
- form_type: 8-K
- ticker: BSTT
- cik: 0001662972
- company_name: Blackstone Real Estate Income Trust, Inc.
- filed_at: 2026-10-22T10:49:45+00:00
- event_type: earnings
- 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/1662972/000166297226000156/0001662972-26-000156-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1662972/000166297226000156/breit-20261022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001662972-26-000156
- JSON: https://secwatch.observer/filing/0001662972-26-000156.json
- Plain text: https://secwatch.observer/filing/0001662972-26-000156.txt

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