RELATED PARTY TRANSACTIONS (Tables)

9 Months Ended

Sep. 30, 2025

Schedule of Expense Payments and Related Reimbursement Payments and Affiliate Service

The following table presents a summary of the expense payments and related reimbursement payments since the Company's commencement of operations ($ in thousands):


For the Month Ended	Expense Payments by Adviser		Reimbursement to Adviser		Unreimbursed Expense Payments
May 31, 2025	$	2,241	$	—	$	2,241
June 30, 2025	1,474		—		1,474
July 31, 2025	482		—		482
August 31, 2025	1,118		—		1,118
September 30, 2025	416		—		416
Total	$	5,731	$	—	$	5,731

The following table details the amounts incurred for affiliate service provides ($ in thousands):


	Three Months Ended September 30, 2025		Six Months Ended September 30, 2025
Revantage Corporate Services, LLC (1)	$	1	$	1
BRIO Real Estate, LLC (2)	151		171
Total	$	152	$	172

(1)Revantage Corporate Services, LLC is a portfolio company owned by Blackstone-advised investment vehicles, that provides, as applicable, corporate support services, operational services, and management services. These services are provided on an allocated cost basis.

(2)BRIO Real Estate, LLC is a portfolio company owned by Blackstone-advised investment vehicles that provides, as applicable, operational services, and management services. These services are provided on an allocated cost basis.

Blackstone Private Real Estate Credit & Income Fund 10-Q