Blackstone

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…

Baker 1031 Investments is an independent broker-dealer representative and is not affiliated with, endorsed by, or sponsored by Blackstone. This page is Baker 1031’s own research profile of the sponsor. Blackstone and its logo are trademarks of their respective owner, used here for identification only.

Blackstone Overview

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.

Blackstone Strategies & Advantages

• Commands roughly $319 billion of real estate investor capital, the largest such platform globally.
• Operates BREIT, a perpetual-life non-traded REIT (~$53 billion NAV), its primary 1031/DST conduit.
• Concentrates the portfolio in data centers, logistics and rental housing, the secular winners.
• Derives ~40% of firm AUM from perpetual capital, insulating it from redemption and vintage pressures.
• Has delivered ~9.4% annualized on its largest BREIT share class since inception, a verifiable record.

Blackstone Track Record

Baker 1031 does not yet have full-cycle, deal-by-deal results for Blackstone in its dataset. Aggregate figures above, where shown, are sponsor-reported and not independently verified. Past performance does not guarantee future results.

Current Blackstone Offerings

Baker 1031 tracks this sponsor’s active DST and 1031-eligible offerings. Verified investors can review what’s currently available. Browse current offerings →

Sponsor figures are sponsor-reported and not independently verified; they may reflect selection and survivorship bias, and past performance does not guarantee future results. This profile is educational and is not investment advice or an offer to sell or a solicitation to buy any security. Offerings are available only to accredited investors and are made solely through the sponsor’s Private Placement Memorandum. Securities offered through Aurora Securities, member FINRA/SIPC. Real estate investments involve risk, including possible loss of principal.