Offering size$187.3M
Asset typeOther
LocationMulti-state
FinancingNot disclosed
Regulation D exemptionRule 506(b)
Sponsor-reported potential 721/UPREIT exitNo
First filedMay 11, 2026
Last filedMay 11, 2026
Minimum$500k
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
BXREX Portfolio II DST is a Delaware statutory trust sponsored by Blackstone under its BXREX program. An issuer Form D notice dated May 11, 2026 reported a total offering amount of approximately $187.3 million. According to CoStar reporting from November 2025, Blackstone Real Estate Income Trust launched the BXREX Delaware statutory trust program as a 1031-exchange feeder into BREIT, structured with a Section 721 exchange option into the broader Blackstone real estate portfolio.
$187.3M offering, $0 sold as of 5/11/26; min $500k; 506(b) no public marketing; sponsor = Blackstone/BREIT (BXREX program)
Based on issuer-filed Form D notices through May 11, 2026. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Reported sold as a percentage of stated offering amount0.0%Current Form D data does not support a reliable raise-progress estimate.
Not enough filing history for a trend line.
Capital sold, per latest Form D—
Remaining amount reported in latest Form D$187,308,863
Investor count reported in latest Form DNot disclosed
Stated minimum investment$500,000
See the full reported financial recordBy creating an account you agree to the Terms of Service and acknowledge the Privacy Policy. We'll email you sign-in links and service notices about your account.
First filedMay 11, 2026
Latest filingMay 11, 2026
Filings tracked1
View filing on SEC EDGARForm D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
SEC filings + cited sources
Trust identity and sponsor
BXREX Portfolio II DST is sponsored by Blackstone through its BXREX program. An issuer Form D notice dated May 11, 2026 reported a total offering amount of approximately $187.3 million 1.
Program structure
CoStar reported in November 2025 that Blackstone Real Estate Income Trust (BREIT) launched the BXREX Delaware statutory trust program as a 1031-exchange feeder into BREIT, structured with a Section 721 exchange option 2.
Sources (2)
In the news
Frequently asked questions
Is BXREX Portfolio II DST currently active?
BXREX Portfolio II DST is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for BXREX Portfolio II DST?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.