BREIT
REIT companyWikipedia
11
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7
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Search complete. 11 mentions across 7 episodes found for "BREIT".
Oct 22, 2026
Jay ParsonsHOST
And so it does include the impact of debt and the numbers that you see on your screen.
Jay ParsonsHOST
All right, so who's the biggest non-traded REIT, according to Stanger's research? And it's the one that everyone has heard of, BREIT, aka Blackstone Real Estate Investment Trust, nearly $58 billion.
Jay ParsonsHOST
In net asset value, according to public filings compiled by Stanger, that's way ahead of number two, Blue Owl Real Estate Net Lease Trust at $9.9 billion.
Jay ParsonsHOST
And they're mostly commercial properties.
Jay ParsonsHOST
I think maybe all commercial properties as far as I know.
Jay ParsonsHOST
And then Starwood Real Estate Investment Trust, aka SREIT, with $7.9 billion in net asset value.
Jay ParsonsHOST
Now, SREIT and BREIT, both big names in rental housing, of course, but they are diversified REITs that invest in other sectors as well.
Jay ParsonsHOST
And then you may or may not be aware that there are a number of other big institutional names that operate private REITs.
Dan NathanHOST
And you bring up, you know, the gates.
Dan NathanHOST
This was around BREIT, right? This was the Blackstone, uh, REIT.
Dan NathanHOST
And you know, what's gonna happen here with, I think, a lot of this data as it relates to software and then ultimately, you know, this private credit.
Dan NathanHOST
And they're talking about, you know, we're talking about, like, a trillion and a half off balance sheet, at least in, like, lease commitments.
Brian HaddadHOST
Hmm
CaseHOST
... and the Blackstone Real Estate Income Trust, and the, uh, Chung Family Trust, who owns the Panda Restaurant Group, to acquire the Cosmopolitan of Las Vegas for $5.6 billion.
Brian HaddadHOST
I've been to that casino.
CaseHOST
Yeah?
Vicky SchiffGUEST
I'm not saying that real estate related private credit has not been affected, but it's been affected for a different reason.
Vicky SchiffGUEST
And yes, there's been some redemptions in like B-REIT, which happened years ago, where one of the California pension funds stepped in and provided them some liquidity so they can they can provide capital back to some of their investors because they, you know, they have these open-ended funds where investors can demand capital back and they give it to them when they have it.
Vicky SchiffGUEST
So there's these redemption rights.
Vicky SchiffGUEST
And so that's tough when you don't have liquidity.
Michael BatnickHOST
Right? Like, it, it's, it's a great story.
Michael BatnickHOST
I was reminded of what happened with BREIT-
Eric HirschGUEST
Okay
Michael BatnickHOST
...
Haley KeenHOST
We saw headlines this week that Blackstone Real Estate Income Trust is arranging a $1.71 billion refinancing backed by 76 warehouse and light industrial properties across 18 states.
Lonnie HendryHOST
So if you look at this one, you know, BREIT has been in the headlines multiple times over the last couple of years for various different reasons.
Lonnie HendryHOST
I think this is a positive one for them.
Lonnie HendryHOST
So the Blackstone Real Estate Income Trust, 1.71 billion across 76 warehouse and light industrial property across 18 state portfolio deal.
Lonnie HendryHOST
The 19-million-square-foot portfolio is reportedly 96% leased across 115 tenants.
Lonnie HendryHOST
And if you get into the numbers on this transaction, proceeds are expected to retire 1.48 billion of existing debt, cover 40.6 million in closing costs, and provide BREIT with $105 million dividend.
Lonnie HendryHOST
Expectations are that the transaction will close somewhere around October 15th.
Lonnie HendryHOST
So I would say at this point that this transaction would be best described as pending.
BillAUDIENCE
This is Bill from Connecticut.
BillAUDIENCE
Just curious as to what you think about Blackstone Real Estate Income Trust, BREIT.
BillAUDIENCE
I've had class I shares for three to four years.
BillAUDIENCE
It makes up about five percent of my retirement portfolio, which is fifty/fifty.
Don McDonaldHOST
How shall I categorize this? Dangerous, expensive, illiquid, and there are so many better ways to own real estate in your portfolio.
Don McDonaldHOST
The Vanguard Real Estate Investment Fund is a better way to own it because you get great diversification.
Don McDonaldHOST
You get publicly traded real estate investment trusts as opposed to BREIT, which is a non-traded REIT.
Don McDonaldHOST
You cannot sell it.