UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 18, 2025
Blackstone Private Real Estate Credit and Income Fund
(Exact name of registrant as specified in its charter)
Delaware814-0185333-6657275
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
345 Park Avenue, 24th Floor
New York, NY
10154
(Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: (212) 588-6700
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act: None
Title of each class
Trading
Symbol(s)
Name of each exchange
on which registered
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b–2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒


Item 3.02. Unregistered Sales of Equity Securities.
As of July 1, 2025, Blackstone Private Real Estate Credit and Income Fund (the “Company”) sold unregistered common shares of beneficial interest, par value $0.01 per share (the “Common Shares”) (with the final number of Common Shares being determined on July 18, 2025) pursuant to a subscription agreement entered into with the participating investors. The offer and sale of the Common Shares was exempt from the registration provisions of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Section 4(a)(2) thereof and Regulation D thereunder and/or Regulation S under the Securities Act. The following table details the Common Shares sold:
Date of Unregistered SaleAmount
of
Common
Shares		Consideration
As of July 1, 2025 (number of Common Shares finalized on July 18, 2025)1,189,532$30,000,000


SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BLACKSTONE PRIVATE REAL ESTATE CREDIT AND INCOME FUND
Date: July 18, 2025By:/s/ William Renahan
Name:William Renahan
Title:Chief Compliance Officer and Secretary