$BN·4

BROOKFIELD REAL ESTATE INCOME TRUST INC. · Jun 23, 2:19 PM ET

BROOKFIELD Corp /ON/ 4

Research Summary

AI-generated summary

Updated

Brookfield REIT 10% Owner Brookfield Corp Acquires 107,584 Shares

What Happened

  • Brookfield Corp (reported as a 10% owner) acquired 107,584 common shares of Brookfield Real Estate Income Trust Inc. on 2026-06-18. The shares were recorded at $10.39 each for a total value of $1,117,518. The transaction is reported as an "other acquisition" (code J).

Key Details

  • Transaction date and price: 2026-06-18 — 107,584 shares @ $10.39 each (total $1,117,518).
  • Filing date: Form 4 filed 2026-06-23 (appears to be late relative to the typical 2-business-day filing window).
  • Shares owned after transaction: Not disclosed in the provided excerpt.
  • Relevant footnotes:
    • F1: Shares were issued to Brookfield REIT Adviser LLC as payment of the monthly management fee under the advisory agreement.
    • F2: Includes shares issued under the issuer's distribution reinvestment plan (DRIP).
    • F3: Reporting persons disclaim beneficial ownership beyond any pecuniary interest.
  • Remarks: Reporting persons jointly filed this Form 4 under Rule 16a-3(j).

Context

  • This was an issuance to the adviser as fee compensation (routine corporate action), not an open-market cash purchase by an individual insider. As a reported 10% owner and related entities are institutional, the transaction reflects fee-related issuance and reinvestment mechanics rather than a direct personal buy or sale decision.