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Wesley Le Patner To Become Chief Executive Officer of Blackstone Real Estate Income Trust, Inc. Effective January 1, 2025

Aug 22, 2024•about 1 year ago

Position

Chief Executive Officer

Company

Blackstone Real Estate Income Trust

Wesley LePatner

Description

Blackstone Real Estate Income Trust, Inc. announced that Wesley LePatner, the current Chief Operating Officer, will succeed Frank Cohen as the Chief Executive Officer, effective January 1, 2025. Frank Cohen, after nearly thirty years, plans to retire from Blackstone at year-end and will remain Chairman of BREIT’s Board of Directors.

Company Information

Company

Blackstone Real Estate Income Trust

About

Blackstone Real Estate Income Trust, Inc. (BREIT) is a perpetual-life, institutional quality real estate investment platform that brings private real estate to income focused investors. BREIT invests primarily in stabilized, income-generating U.S. commercial real estate across key property types and to a lesser extent in real estate debt investments. BREIT is externally managed by a subsidiary of Blackstone (NYSE: BX), a global leader in real estate investing. Blackstone's real estate business was founded in 1991 and has approximately $208 billion in investor capital under management. Further information is available at www.breit.com. SOURCE Landmark Properties

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