BREIT Reports Unregistered Equity Sales
Ticker: BSTT · Form: 8-K · Filed: Nov 19, 2024 · CIK: 1662972
Sentiment: neutral
Topics: unregistered-sales, equity-securities, share-redemption
TL;DR
BREIT filed an 8-K detailing unregistered equity sales, likely tied to its redemption program.
AI Summary
On November 14, 2024, Blackstone Real Estate Income Trust, Inc. (BREIT) reported on the unregistered sales of equity securities. The filing details transactions related to its common stock, specifically mentioning the issuance of shares in connection with its Share Redemption Program. No specific dollar amounts or dates of individual transactions were provided in this section of the filing.
Why It Matters
This filing indicates ongoing share issuance and redemption activities within BREIT, which can impact the liquidity and valuation of its shares for investors.
Risk Assessment
Risk Level: medium — Filings concerning unregistered sales and redemption programs can signal potential liquidity issues or shifts in investor demand.
Key Players & Entities
- Blackstone Real Estate Income Trust, Inc. (company) — Registrant
- November 14, 2024 (date) — Date of earliest event reported
- 345 Park Avenue New York, New York 10154 (address) — Principal Executive Offices
FAQ
What specific type of equity securities were sold unregistered?
The filing indicates unregistered sales of equity securities, specifically related to its common stock, in connection with its Share Redemption Program.
What is the date of the earliest event reported in this 8-K?
The date of the earliest event reported is November 14, 2024.
What is the principal executive office address for Blackstone Real Estate Income Trust, Inc.?
The principal executive office address is 345 Park Avenue, New York, New York 10154.
Is this filing related to a registered offering of securities?
No, this filing specifically pertains to 'Unregistered Sales of Equity Securities'.
What is the company's telephone number?
The company's telephone number, including area code, is (212) 583-5000.
Filing Stats: 477 words · 2 min read · ~2 pages · Grade level 12.5 · Accepted 2024-11-19 16:07:34
Key Financial Figures
- $861,946 — Consideration November 14, 2024 56,778 $861,946 SIGNATURE Pursuant to the requiremen
Filing Documents
- breit-20241114.htm (8-K) — 29KB
- 0001662972-24-000164.txt ( ) — 137KB
- breit-20241114.xsd (EX-101.SCH) — 2KB
- breit-20241114_lab.xml (EX-101.LAB) — 19KB
- breit-20241114_pre.xml (EX-101.PRE) — 11KB
- breit-20241114_htm.xml (XML) — 2KB
02. Unregistered Sales of Equity Securities
Item 3.02. Unregistered Sales of Equity Securities Class C Common Stock On November 14, 2024, Blackstone Real Estate Income Trust, Inc., a Maryland corporation (the "Company"), sold unregistered shares (the "Shares") of the Company's Class C common stock to a feeder vehicle primarily created to hold the Company's Class I common stock and Class C common stock, which in turn offers interests in itself to certain non-U.S. persons. The offer and sale of the Shares was exempt from the registration provisions of the Securities Act of 1933, as amended, by virtue of Section 4(a)(2) and Regulation S thereunder. The following table details the Shares sold to such feeder vehicle: Date of Unregistered Sale Number of Class C Common Shares Issued to Feeder Vehicle Consideration November 14, 2024 56,778 $861,946 SIGNATURE Pursuant 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. BLACKSTONE REAL ESTATE INCOME TRUST, INC. Date: November 19, 2024 By: /s/ Leon Volchyok Name: Leon Volchyok Title: Chief Legal Officer and Secretary