# BX Reit Advisors L.L.C.

> BX Reit Advisors L.L.C. is an SEC-registered investment advisory firm in New York, NY, registered since 2017, with no regulatory assets under management reported in its Form ADV filing dated September 8, 2026.

- CRD: 288053
- Filed as: BX REIT ADVISORS L.L.C.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: September 8, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/288053
- AdvisorCensus page: https://advisorcensus.com/firm/bx-reit-advisors-l-l-c-new-york-ny-288053

## Quick answers

**How is BX Reit Advisors L.L.C. compensated?**
On its Form ADV (Item 5.E, October 2026), BX Reit Advisors L.L.C. reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is BX Reit Advisors L.L.C. located?**
BX Reit Advisors L.L.C.'s principal office is in New York, NY, according to its Form ADV; the October 2026 filing also lists 14 other offices (Schedule D, Section 1.F).

**Is BX Reit Advisors L.L.C. registered with the SEC or a state?**
BX Reit Advisors L.L.C. is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 288053.

**How have BX Reit Advisors L.L.C.'s assets and staff changed since 2021?**
In the Form ADV data for BX Reit Advisors L.L.C.: Total employees: 296 in October 2021 and 562 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does BX Reit Advisors L.L.C. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2).

**Does BX Reit Advisors L.L.C. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/288053

**What changed in BX Reit Advisors L.L.C.'s recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2017 (9 years)
- Employees: 562 total, 378 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Hong Kong
- London
- Miami, FL
- Milano
- Mumbai
- Paris
- San Francisco, CA
- Santa Monica, CA
- Seoul
- Shanghai
- Singapore
- Sydney
- Tokyo
- Toronto

### Websites listed on Form ADV (Item 1.I)
- apple.co/31Pe1Gg
- blackstone.com
- blackstone.podbean.com
- breit.com
- mp.weixin.qq.com/s/FtddoP2F9zDZ1QFBgOQAAA
- open.spotify.com/artist/52Eom8vQxM8Lk75ZZlf2hJ
- pandora.com/artist/blackstone/ARvlPz9Plblrlmg
- soundcloud.com/blackstone-300250613
- spoti.fi/2LJ1tHG
- Facebook @blackstone
- Instagram @blackstone
- LinkedIn @blackstonegroup
- X @blackstone
- YouTube @blackstonegroup

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | Not reported | 296 | March 31, 2021 |
| October 2022 | Not reported | 653 | March 31, 2022 |
| October 2023 | Not reported | 716 | March 31, 2023 |
| October 2024 | Not reported | 717 | March 28, 2024 |
| October 2025 | Not reported | 638 | March 28, 2025 |
| October 2026 | Not reported | 562 | September 8, 2026 |

Total employees: 296 in October 2021 and 562 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 421 to 378.
- Added an office in Paris.

### February 2026
- Updated its list of owners and control persons (Schedule A).

### January 2026
- Updated its list of owners and control persons (Schedule A).

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. BX Reit Advisors L.L.C. (CRD 288053): Form ADV filing data as of October 2026.
