Blackstone
Sponsor Overview
Blackstone is the world's largest alternative asset manager with $1.275 trillion in total AUM as of December 31, 2025, including $319.3B in real estate across ~12,500 real estate assets. Founded in 1985 by Stephen Schwarzman and Peter Peterson, Blackstone is the dominant institutional real estate investor globally and operates BREIT (Blackstone Real Estate Income Trust), the largest non-traded REIT with $54B+ NAV and $50B+ equity. In November 2025 Blackstone launched a DST platform via BREIT — selling beneficial interests in DSTs holding individual BREIT-managed properties, with a 721-UPREIT exit into BREIT OP units. ZERO full-cycle DST exits since the platform is brand new.
Sponsor Notes
- World's largest alt manager — dominant real estate presence
- BREIT-sponsored DST platform launched November 2025
- 721-UPREIT exit into Blackstone Real Estate Income Trust
- ZERO full-cycle DST exits — BRAND NEW platform (Nov 2025 launch)
Sponsor Overview
Firm Name
Blackstone
Headquarters
New York, NY
Year Founded
1985
Assets Under Management (AUM)
$1.275T
Preferred Sponsor
No
Performance
Full-Cycle DSTs
N/A
Average Annual Return
N/A
Average Equity Multiple
N/A
Average Hold Period
N/A
Success Rate
N/A
The information presented on this page regarding this investment sponsor is provided solely for educational and informational purposes. It is intended to help readers develop a general understanding of the sponsor and its offerings, and is not tailored to the financial situation, objectives, or needs of any particular individual or entity.
Nothing on this page — including any sponsor descriptions, background information, market commentary, charts, examples, performance data, or analyst notes — constitutes investment, legal, tax, or accounting advice, nor a recommendation, endorsement, offer, or solicitation to buy, sell, or hold any security or pursue any investment strategy. The information, views, and opinions expressed (including those contained in any analyst notes or commentary) reflect the perspective of the author at the time of publication, are subject to change without notice, and should not be relied upon as the basis for any investment decision.
The presence of a sponsor profile on this page does not indicate any business, financial, ownership, or contractual affiliation between Baker 1031 Investments and the sponsor, nor does it constitute an endorsement of the sponsor or any of its offerings.
Any performance data shown on this page — including, without limitation, full-cycle results, internal rate of return (IRR), equity multiple, average annual return, hold period, cash-on-cash return, or distribution history — is self-reported by the sponsor and sourced from the sponsor's Private Placement Memorandums (PPMs) and related offering documents. Baker 1031 Investments has not independently verified the accuracy or completeness of this information and cannot guarantee its validity. Although we make every effort to accurately transcribe sponsor-reported figures, errors are possible. Please verify any figure directly with the sponsor before relying on it.
Past performance is not indicative of future results. Performance data reflects outcomes of prior offerings and should not be expected to recur in current or future investments, which may result in partial or total loss of principal.
Before making any investment decision, you should consult with your own qualified financial, legal, and tax advisors and carefully review all relevant offering documents, including the applicable PPM in its entirety. Investments offered by sponsors profiled on this site involve risk, including the potential loss of principal, and may not be suitable for all investors.
