BREIT Files 8-K on Operations and Financial Condition
Ticker: BSTT · Form: 8-K · Filed: Jan 30, 2025 · CIK: 1662972
Sentiment: neutral
Topics: financial-condition, operations-update
TL;DR
BREIT filed an 8-K on Jan 29, 2025, updating on financials. No numbers yet.
AI Summary
Blackstone Real Estate Income Trust, Inc. (BREIT) filed an 8-K on January 30, 2025, reporting on its results of operations and financial condition as of January 29, 2025. The filing does not contain specific financial figures or operational details but serves as a notification of these events.
Why It Matters
This filing indicates that BREIT is providing updates on its financial status and operational performance to the SEC, which is important for investors to monitor.
Risk Assessment
Risk Level: low — This is a routine filing to report on financial condition and operations, not indicating any immediate adverse events.
Key Players & Entities
- Blackstone Real Estate Income Trust, Inc. (company) — Registrant
- January 29, 2025 (date) — Date of earliest event reported
- January 30, 2025 (date) — Filing date
- 345 Park Avenue New York, New York 10154 (address) — Principal Executive Offices
FAQ
What specific financial results or operational conditions are being reported by Blackstone Real Estate Income Trust, Inc. in this 8-K?
The filing states it is reporting on 'Results of Operations and Financial Condition' as of January 29, 2025, but does not provide specific figures or details within the provided text.
When was this 8-K filing submitted to the SEC?
The filing was submitted on January 30, 2025.
What is the principal business address of Blackstone Real Estate Income Trust, Inc.?
The principal executive offices are located at 345 Park Avenue, New York, New York 10154.
What is the Commission File Number for Blackstone Real Estate Income Trust, Inc.?
The Commission File Number is 000-55931.
What is the IRS Employer Identification Number for Blackstone Real Estate Income Trust, Inc.?
The IRS Employer Identification Number is 81-0696966.
Filing Stats: 1,543 words · 6 min read · ~5 pages · Grade level 20 · Accepted 2025-01-29 18:06:20
Filing Documents
- breit-20250129.htm (8-K) — 73KB
- 0001662972-25-000008.txt ( ) — 186KB
- breit-20250129.xsd (EX-101.SCH) — 2KB
- breit-20250129_lab.xml (EX-101.LAB) — 19KB
- breit-20250129_pre.xml (EX-101.PRE) — 11KB
- breit-20250129_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition Certain Preliminary Estimated Unaudited Financial Results for the year ended December 31, 2024 On January 29, 2025 , Blackstone Real Estate Income Trust, Inc., a Maryland corporation ("BREIT" or the "Company"), announced preliminary estimated unaudited same property net operating income ("NOI") for the year ended December 31, 2024. Based upon preliminary estimated financial results, the Company expects same property NOI for the year ended December 31, 2024 to have increased more than 4% from the same period in the prior year (based on the midpoint of the preliminary estimated range of same property NOI). This data is not a comprehensive statement of the Company's financial results for the year ended December 31, 2024, and the Company's actual results may differ materially from this preliminary estimated data. NOI is a supplemental non-Generally Accepted Accounting Principles ("GAAP") measure of the Company's property operating results that the Company believes is meaningful because it enables management to evaluate the impact of occupancy, rents, leasing activity, and other controllable property operating results at the Company's real estate. The Company defines NOI as operating revenues less operating expenses, which exclude (i) impairment of investments in real estate, (ii) depreciation and amortization, (iii) straight-line rental income and expense, (iv) amortization of above- and below-market lease intangibles, (v) amortization of accumulated unrealized gains on derivatives previously recognized in other comprehensive income, (vi) lease termination fees, (vii) property expenses not core to the operations of such properties, and (viii) other non-property related revenue and expense items such as (a) general and administrative expenses, (b) management fee, (c) performance participation allocation, (d) incentive compensation awards, (e) income from investments in real estate debt, (f) change in net asset