July 15, 2014
VIA EDGAR
Securities and Exchange Commission
Division of Investment Management
100 F Street, N.E.
Mailstop 4720, Washington, D.C. 20549
Attn.: Larry L. Greene
| Re: | Blackstone Real Estate Income Fund |
| Registration Statement on Form N-2, File Nos. 811-22900 and 333-196301 |
Ladies and Gentlemen:
Blackstone Real Estate Income Fund (“BREIF I”), pursuant to Rule 461 under the Securities Act of 1933, as amended, hereby requests that the effective date of the above-referenced Registration Statement be accelerated so that the Registration Statement may become effective at 4:00 p.m., Eastern Standard Time, on July 15, 2014, or as soon thereafter as practicable.
BREIF I hereby acknowledges that:
| • | BREIF I is responsible for the adequacy and accuracy of the disclosure in the Registration Statement; |
| • | should the Commission or the Staff, acting pursuant to delegated authority, declare the above-referenced Registration Statement effective, it does not foreclose the Commission from taking any action with respect to the Registration Statement; |
| • | the action of the Commission or the Staff, acting pursuant to delegated authority, in declaring the Registration Statement effective, does not relieve BREIF I from its full responsibility for the adequacy and accuracy of the disclosure in the Registration Statement; and |
| • | BREIF I may not assert staff comments and the declaration of effectiveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. |
We request that we be notified of such effectiveness by telephone call to Sarah Cogan of Simpson Thacher & Bartlett LLP at (212) 455-3575.
Very truly yours,
/s/ SIMPSON THACHER & BARTLETT LLP
