Blackstone's BREIT is a perpetual-life, non-traded REIT sponsored by Blackstone, with a 30+ year real estate track record and approximately $618 billion in global real estate portfolio value as of March 31, 2026.
Diversified U.S. real estate portfolio with exposure to rental housing, logistics, data centers and other real estate sectors; aggregate NAV was $56.1 billion as of May 31, 2026.
Perpetual-life non-traded REIT with monthly NAV/share pricing, multiple share classes and a continuous public offering; Class I shares are available to eligible investors.
Class I historical annualized distribution rate was 4.7% as of March 31, 2026; distributions are historical, not guaranteed, and may be funded from sources other than operating cash flow.
Institutional scale, diversified real estate exposure, monthly NAV pricing and Class I access without upfront selling commissions; current public offering cap is $60.0 billion.
Non-traded liquidity, repurchase limits, leverage and valuation risk; distributions may be funded from borrowings, asset sales, return of capital or offering proceeds.
BREIT is a REIT investment, not a Delaware statutory trust replacement-property offering; investors should confirm suitability and tax treatment with their advisors.
A perpetual-life non-traded REIT for eligible investors seeking diversified private-market real estate exposure and monthly NAV-based liquidity, subject to the offering documents and repurchase limits.
Class I minimum investment is $1,000,000 unless waived. Class I NAV per share was $14.4253 as of May 31, 2026.
Projected, not guaranteed. Distribution rates are the sponsor’s projections, are not a promise of performance, and can be reduced or suspended. ¹ Estimated Tax-Adjusted Yield reflects the projected impact of depreciation and amortization deductions at an assumed combined federal and state tax rate; individual tax outcomes vary — consult your CPA regarding your specific situation. Cap Rate Equivalent is a Baker 1031 Investments calculation intended to allow comparison with direct property ownership; it is not a sponsor-reported figure and does not represent a rate of return. See the private placement memorandum for the assumptions behind these figures.
Benchmarks compare this offering’s projected figures against sector medians computed across current offerings tracked by Baker 1031 Investments as of the last-updated date shown. Benchmark data is internal, unaudited, and subject to change.
Blackstone is the world's largest alternative asset manager, with roughly $1.3 trillion in total AUM and a real estate platform commanding about $319 billion of investor capital as of year-end 2025—an order of magnitude beyond any dedicated DST sponsor. Its retail real estate flagship, the Blackstone Real Estate Income Trust (BREIT), is a perpetual-life non-traded REIT carrying roughly $53 billion in NAV and concentrated in the secular winners of data centers, logistics and rental housing. With perpetual capital approaching 40% of the firm and a long-run track record on its largest BREIT share class near a 9.4% annualized return since inception, Blackstone offers institutional scale and sector positioning that define the high end of the market—though its 1031/DST activity is a small adjunct to a vast machine.
Sponsor figures are provided by the sponsor and have not been independently verified except as described in the offering materials. Past performance does not guarantee future results.
Full offering details, projections, and documents for Blackstone Real Estate Income Trust (BREIT) are available to verified accredited investors.
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