IPO - Blackstone Real Estate Income Trust, Inc.
Form Type: POS AM
Filing Date: 2025-04-08
Corporate Action: Ipo
Type: New
Accession Number: 000162828025017107
Filing Summary: Blackstone Real Estate Income Trust, Inc. is filing a post-effective amendment to its registration statement for an initial public offering (IPO) under the Securities Act of 1933. The company is offering up to $60 billion in securities, aiming to provide stabilized, income-generating commercial real estate investments primarily in the U.S. The offering includes several classes of common stock, with variations in commissions and servicing fees. The company is externally managed by BX REIT Advisors L.L.C., part of Blackstone Inc., a leading global investment manager. Investors are warned of high investment risks and the absence of a public trading market for the shares. A share repurchase plan allows limited opportunities for liquidity; however, shares may be illiquid and repurchases are not guaranteed, which could impact investors seeking to dispose of their shares. Suitability standards are outlined for prospective investors, emphasizing the need for adequate financial means. The company maintains the intent to qualify as a REIT for federal tax purposes.
Document Link: View Document
Additional details:
Maximum Offering: 60000000000
Investment Objective: stabilized, income-generating commercial real estate
Adviser: BX REIT Advisors L.L.C.
Minimum Investment Class T: 2500
Minimum Investment Class I: 1000000
Category Of Filer: smaller reporting company
Share Classes: Class T, Class S, Class D, Class I
Repurchase Policy: limited liquidity, shares may be illiquid
Risk Factors: includes potential for total investment loss
Comments
No comments yet. Be the first to comment!