BROOKFIELD Corp /ON/ 4
Research Summary
AI-generated summary
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.