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): ~~October 29~~November 7, 2025

Blackstone Private Real Estate Credit and Income Fund

(Exact name of registrant as specified in its charter)

Delaware	814-01853	~~814-01853~~	33-6657275	~~33-6657275~~
(State or other jurisdictionof incorporation)		(CommissionFile Number)		(IRS EmployerIdentification No.)
(State or other jurisdiction of incorporation)	(Commission File Number)		(IRS Employer Identification No.)

345 Park AvenueNew York, NY		10154
345 Park Avenue New York, NY	10154
(Address of principal executive offices)	(Zip Code)	~~(Zip Code)~~

Registrant’s telephone number, including area code: (212) 583-5000

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))

☐	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 TradingSymbol(s) Name of each ~~exchangeon~~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 5 1.0201. ~~Departure~~Entry ofinto ~~Certain~~a ~~Officers;~~Material ~~Appointment~~Definitive ~~of Certain Officers~~Agreement.

On ~~October 29~~November 7, 2025, ~~the~~a ~~Board~~special-purpose ofwholly-owned ~~Trustees~~subsidiary (the “~~Board~~Seller”) of Blackstone Private Real Estate Credit and Income Fund (the “~~Fund~~Company”) ~~appointed~~entered ~~David~~into ~~Rosen~~a asMaster ~~the~~Repurchase ~~Chief~~Agreement ~~Financial Officer of~~ (the ~~Fund~~“Repurchase ~~effective~~Agreement”) aswith ofWells ~~the~~Fargo ~~close of business on October 29~~Bank, ~~2025.~~National ~~Mr.~~Association ~~Rosen,~~as ~~born~~buyer ~~1983, is a Managing Director in~~ (the ~~Blackstone Real Estate Debt Strategies (~~“~~BREDS~~Buyer”) ~~Group based in New York~~. ~~Mr.~~The ~~Rosen~~Repurchase ~~oversees~~Agreement ~~valuations,~~provides ~~financial~~for ~~reporting,~~advances ~~and~~of ~~portfolio~~up ~~operations~~to ~~for the BREDS business~~$500.00 million ~~Before joining Blackstone~~ in ~~2016~~the aggregate, ~~Mr.~~available ~~Rosen~~to ~~worked~~be atdrawn ~~General~~by ~~Electric~~the ~~where~~Seller hein ~~held multiple roles across their Asset Management and Treasury groups~~U.S. ~~Prior to those roles, Mr~~Dollars. The ~~Rosen~~Company ~~was~~expects ato ~~member~~use ofthe ~~General~~Repurchase ~~Electric’s~~Agreement ~~Corporate~~to ~~Audit~~finance ~~Staff~~the ~~and~~acquisition aor ~~graduate~~origination of ~~its~~eligible ~~Financial~~assets ~~Management~~as ~~Program.~~more ~~Mr.~~particularly ~~Rosen~~described ~~received a BS~~ in ~~Applied~~the ~~Economics~~Repurchase ~~and Management from Cornell University~~Agreement.

~~Mr.~~Advances ~~Rosen’s~~under ~~appointment~~the ~~coincides~~Repurchase ~~with~~Agreement ~~the~~accrue ~~resignation,~~interest ~~effective~~at asa ofper annum pricing rate equal to the ~~close~~sum of ~~business~~(i) term onSOFR ~~October~~plus ~~29,~~(ii) a ~~2025,~~margin ofto ~~Anthony~~be F.agreed ~~Marone,~~between ~~Jr.~~the asSeller and the ~~Chief~~Buyer, ~~Financial~~depending ~~Officer~~on the attributes of the ~~Fund.~~purchased Mrassets. The ~~Marone’s~~Repurchase ~~decision~~Agreement tohas ~~resign~~a ~~was~~one-year ~~not~~funding period, during which new advances can be made (the ~~result~~“Availability ofPeriod”). ~~any~~The ~~disagreement~~Availability ~~relating~~Period tomay ~~Blackstone~~be orextended ~~the~~for ~~Fund’s~~additional ~~operations,~~one-year ~~policies~~terms orat ~~practices.~~the MrBuyer’s discretion. ~~Marone~~The ~~will~~maturity ~~continue~~date ~~his~~of ~~role~~the asRepurchase aAgreement ~~Managing~~is ~~Director~~the inlater of (a) the ~~Blackstone~~date ~~Real~~the ~~Estate~~Availability ~~group~~Period expires, and (b) the ~~Global~~maturity ~~Head~~date of ~~Real~~the ~~Estate~~last ~~Finance~~remaining asset subject to an advance under the Repurchase Agreement.

~~There~~In ~~are~~connection nowith ~~family~~the ~~relationships~~Repurchase ~~between~~Agreement, ~~Mr.~~the ~~Rosen~~Company ~~and~~executed ~~any~~a ~~director~~Guaranty orin ~~executive~~favor ~~officer~~ of the ~~Fund,~~Buyer ~~and~~(the he“Guaranty”), ispursuant ~~not a party~~ to ~~any~~which ~~transaction~~the ~~that~~Company isguarantees certain obligations ~~required~~of tothe beSeller ~~reported~~under ~~pursuant~~the toRepurchase ~~Item 404(a) of Regulation S-K~~Agreement.

The Repurchase Agreement and the Guaranty contain various affirmative and negative covenants including the following financial covenant applicable to the Company: minimum net asset value of not less than an amount equal to (x) $25.00 million plus (y) 25% of the dollar value of all purchases of common shares in the Company occurring after June 30, 2025 minus (z) the dollar amount paid or distributed to repurchase common shares in the Company in connection with a tender offer or any other repurchases after June 30, 2025.

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~~	BLACKSTONE PRIVATE REAL ESTATE CREDIT AND INCOME FUND
Date: October 30, 2025	By:		/s/ William Renahan
Date: November 10, 2025		By:	/s/ William Renahan
	~~Name:~~	Name:	William Renahan
	~~Title:~~	Title:	Chief Compliance Officer and Secretary

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