Blackstone Real Estate Income Trust (BREIT) – Investigation
CSK&D, a national shareholder rights law firm, is investigating potential legal claims, including potential securities violations and breach of fiduciary duty claims, involving Blackstone Real Estate Income Trust (also known as BREIT), a public, non-traded, perpetual life real estate investment trust. BREIT has raised over $100 billion from investors since its inception in 2017, and, while BREIT’s self-calculated and reported Class I NAV per share increased from $14.98 to $15.00 for the month ended July 31, 2022, BREIT is highly leveraged compared to other public REITs, had net income loss of approximately $650 million in the first six months of 2022, and paid $1.8 billion of management and incentive fees to Blackstone in 2021.
If you currently own BREIT stock, and would like to receive additional information about CSK&D’s investigation, please complete and submit the form below or email the attorneys listed below.
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Attorneys for this case:
Nicholas E. Chimicles
Kimberly M. Donaldson-Smith