Blackstone Real Estate Income Trust (BREIT) continuous offering at $14.65/share NAV (Class I)

Filed August 17, 2026 · ~1 min read

Key Changes

• high

  BREIT offers shares at NAV-based pricing: Class I at $14.6479/share for September 1, 2026 subscriptions, based on July 31, 2026 NAV of $14.65. This is a continuous offering, not a traditional IPO.

  The Offering verify on EDGAR →
• medium

  Four share classes available publicly (I, S-2, D-2, T-2) with NAVs ranging from $14.27 to $14.65 per share; classes differ in fees and commissions. Three legacy classes (S, D, T) restricted to existing holders via distribution reinvestment plan only.

  The Offering verify on EDGAR →
• medium

  Class I monthly total return was 1.2% (not annualized) for July 2026; all four public share classes reported the same 1.2% monthly return despite different NAVs per share.

  The Offering verify on EDGAR →