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:   2026-10-22T10:49:45+00:00
Accession:  0001662972-26-000156
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1662972/000166297226000156/0001662972-26-000156-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1662972/000166297226000156/breit-20261022.htm
  HTML page:      https://secwatch.observer/filing/0001662972-26-000156

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