4Filed Aug 23, 8:00 PM ET
Brookfield REIT 10% Owner Receives 115,918 Shares
$N/A · BROOKFIELD REAL ESTATE INCOME TRUST INC.Research Summary
AI-generated summary of this SEC filing
Brookfield REIT 10% Owner Receives 115,918 Shares
What Happened
- Brookfield Corp (reported as a 10% owner) acquired 115,917.562 shares of Brookfield Real Estate Income Trust Inc. on August 20, 2026. The shares were issued at $10.53 each for a total value of $1,220,113. This was an issuance to the REIT's adviser as payment of the monthly management fee — an acquisition by issuance rather than an open-market purchase.
Key Details
- Transaction date: 2026-08-20; filing date: 2026-08-24 (filed within the standard 2-business-day window).
- Shares acquired: 115,917.562 at $10.53 per share; aggregate value reported $1,220,113.
- Shares owned after transaction: not specified in the provided filing summary.
- Notable footnotes:
- F1: Shares issued to Brookfield REIT Adviser LLC as payment of the monthly management fee under the advisory agreement.
- F2: Includes shares issued pursuant to the REIT’s distribution reinvestment plan (DRIP).
- F3: Reporting persons disclaim beneficial ownership beyond their pecuniary interest.
- Filing remark: Reporting persons jointly filed this Form 4 under Rule 16a-3(j).
Context
- This was an institutional/investor-related issuance to the adviser (a contractual fee payment), not an insider buying on the open market—so it should not be read as a direct bullish signal from company executives.
- The transaction is a non-cash compensation/fee issuance; such issuances are common for REITs that pay fees in stock or that use DRIPs.