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$BSTT
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Consolidated Balance Sheets

In millions of USD; shares in millions, except per-share amounts
Q2 FY2026
As of Jun 30, 2026
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
Q3 FY2025
As of Sep 30, 2025
Q2 FY2025
As of Jun 30, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
Assets
Investments in real estate, net
Investments in unconsolidated entities (includes $3,744,156 and $3,843,300 at fair value as of June 30, 2026 and December 31, 2025, respectively)
Investments in real estate debt, at fair value
Real estate loans held by consolidated securitization vehicles, at fair value
Cash and cash equivalents
Restricted cash
Other assets
Total assets
Liabilities and Equity
Mortgage loans, secured term loans, and secured revolving credit facilities, net
Secured financings of investments in real estate debt
Senior obligations of consolidated securitization vehicles, at fair value
Unsecured revolving credit facilities and term loans
Other liabilities
Related Party
Nonrelated Party
Total liabilities
Commitments and contingencies
Redeemable non-controlling interests
Equity
Common stock, $0.01 par value per share
Class S
Class I
Class T
Class D
Class C
Total common stock, $0.01 par value per share
Additional paid-in capital
Accumulated other comprehensive income
Accumulated deficit and cumulative distributions
Total stockholders’ equity
Non-controlling interests attributable to consolidated subsidiaries
Non-controlling interests attributable to BREIT OP
Total equity
Total liabilities and equity
Common stock, shares issued (in shares)
Class S
Class I
Class T
Class D
Class C
Common stock, shares outstanding (in shares)
Class S
Class I
Class T
Class D
Class C
Total common stock, shares outstanding (in shares)
Common stock, shares authorized (in shares)
Class S
Class I
Class T
Class D
Class C

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