Blackstone REIT Reports Unregistered Equity Sales
Ticker: BSTT · Form: 8-K · Filed: Dec 17, 2024 · CIK: 1662972
Sentiment: neutral
Topics: equity-sale, unregistered-securities, real-estate
TL;DR
BREIT sold unregistered equity, details TBD.
AI Summary
On December 13, 2024, Blackstone Real Estate Income Trust, Inc. reported unregistered sales of equity securities. The filing does not disclose specific dollar amounts or the number of shares involved in these sales.
Why It Matters
This filing indicates that Blackstone Real Estate Income Trust has engaged in private equity sales, which could impact its capital structure and investor base.
Risk Assessment
Risk Level: medium — Unregistered sales can sometimes indicate less transparency or specific investor needs, warranting closer attention.
Key Players & Entities
- Blackstone Real Estate Income Trust, Inc. (company) — Registrant
- December 13, 2024 (date) — Date of earliest event reported
- 345 Park Avenue New York, New York 10154 (location) — Principal Executive Offices
FAQ
What type of equity securities were sold?
The filing states 'Unregistered Sales of Equity Securities' but does not specify the exact type of securities.
Were these sales to accredited investors?
The filing does not explicitly state whether the sales were to accredited investors, but the term 'unregistered' often implies sales under exemptions like Regulation D, which typically involve accredited investors.
What was the total dollar amount of the unregistered sales?
The filing does not disclose the total dollar amount of the unregistered equity securities sold.
How many shares were involved in these unregistered sales?
The filing does not provide the number of shares involved in the unregistered sales.
What is the purpose of these unregistered sales?
The filing does not specify the purpose behind the unregistered sales of equity securities.
Filing Stats: 477 words · 2 min read · ~2 pages · Grade level 12.5 · Accepted 2024-12-17 16:32:28
Key Financial Figures
- $623,805 — Consideration December 13, 2024 41,096 $623,805 SIGNATURE Pursuant to the requiremen
Filing Documents
- breit-20241213.htm (8-K) — 29KB
- 0001662972-24-000172.txt ( ) — 137KB
- breit-20241213.xsd (EX-101.SCH) — 2KB
- breit-20241213_lab.xml (EX-101.LAB) — 19KB
- breit-20241213_pre.xml (EX-101.PRE) — 11KB
- breit-20241213_htm.xml (XML) — 2KB
02. Unregistered Sales of Equity Securities
Item 3.02. Unregistered Sales of Equity Securities Class C Common Stock On December 13, 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 December 13, 2024 41,096 $623,805 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: December 17, 2024 By: /s/ Leon Volchyok Name: Leon Volchyok Title: Chief Legal Officer and Secretary