{"url_path":"/sec/bstt/8-k/2026-07-20/item-3-02","section_key":"item-3-02","section_title":"Item 3.02 Unregistered Sales of Equity Securities","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-20","source_url":"https://www.sec.gov/Archives/edgar/data/1662972/0001662972-26-000087-index.html","accession_number":"0001662972-26-000087","cik":"0001662972","ticker":"BSTT","issuer_name":"Blackstone Real Estate Income Trust, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1662972/0001662972-26-000087-index.html","primary_entity_key":"0001662972","primary_entity_name":"Blackstone Real Estate Income Trust, Inc."},"word_count":220,"has_tables":true,"body_markdown":"Item 3.02. Unregistered Sales of Equity Securities\n\nClass L Common Stock\n\nOn July 1, 2026, the Company sold unregistered shares of the Company’s Class L common stock (the “Class L Shares”) for aggregate consideration of approximately $70 million. The offer and sale of the Class L Shares was made as part of the Company’s continuous private offering to investors that are both (a) accredited investors (as defined in Regulation D under the Securities Act) and (b) qualified purchasers (as defined in the Investment Company Act of 1940, as amended, and the rules thereunder) and were exempt from the registration provisions of the Securities Act, pursuant to Section 4(a)(2) and Regulation D thereunder.\n\nThe following table details the Class L Shares sold:\n\nDate of Unregistered Sale\nNumber of Class L Shares Issued(1)\nConsideration\n\nJuly 1, 20264,805,778$70,000,000\n\n(1)The number of Class L Shares sold by the Company was finalized on July 15, 2026, following the calculation of the net asset value per Class L Share as of June 30, 2026.\n\nSIGNATURE\n\nPursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.\n\n \n\nBLACKSTONE REAL ESTATE INCOME TRUST, INC.\n\nDate: July 20, 2026  \n\n By: /s/ Leon Volchyok\n\n Name: Leon Volchyok\n\n Title: Chief Legal Officer"}