Form 4: Blackstone Real Estate Special Situations Advisors L.L.C. Forfeits Common Shares in Blackstone Private Real Estate Credit & Income Fund

Blackstone Real Estate Special Situations Advisors L.L.C. forfeited common shares of Blackstone Private Real Estate Credit and Income Fund for no consideration.

Summary

• Blackstone Real Estate Special Situations Advisors L.L.C. forfeited common shares of beneficial interest in Blackstone Private Real Estate Credit and Income Fund on May 1, 2025.
• The shares were forfeited to the Issuer for no consideration.
• The filing also includes information about the beneficial ownership of the shares by Blackstone Holdings I L.P., Blackstone Holdings I/II GP L.L.C., Blackstone Inc., Blackstone Group Management L.L.C., and Stephen A. Schwarzman.
• These entities may be deemed to have beneficially owned the shares through their relationship with Blackstone Real Estate Special Situations Advisors L.L.C., but they disclaim beneficial ownership except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard regulatory filing reporting a forfeiture of shares.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders, providing transparency to the market.

Stakeholder Impact

• The forfeiture of shares could have a minor impact on shareholders, depending on the reason for the forfeiture and its effect on the company's capital structure.

Key Dates

Keywords

Blackstone, Real Estate, Special Situations, Advisors, Forfeiture, Common Shares, Beneficial Interest, Blackstone Private Real Estate Credit & Income Fund, Schwarzman, SEC Form 4