BROOKFIELD REAL ESTATE INCOME TRUST INC. 8-K

What Happened
Brookfield Real Estate Income Trust Inc. filed an 8-K (Item 3.02) disclosing that it issued unregistered Class I and Class E common shares to its adviser (Brookfield REIT Adviser LLC), Brookfield affiliates, and a feeder vehicle. The Adviser elected to receive its December 2025 management fee in Class I shares under the advisory agreement. All issuances were made pursuant to Section 4(a)(2) of the Securities Act and were reported on the 8-K signed January 26, 2026.

Key Details

• Adviser management fee (December 2025): 104,268 Class I shares issued to Brookfield REIT Adviser LLC in satisfaction of a $1,087,620 fee.
• Distribution reinvestment plan (Jan 21, 2026): 9,913 Class I shares issued to a feeder vehicle for $102,878.
• Distribution reinvestment plan (Jan 21, 2026): 158,006 Class I shares issued to Brookfield and affiliates for $1,648,159.
• Distribution reinvestment plan (Jan 21, 2026): 22,758 Class E shares issued to Brookfield and affiliates for $237,157.

Why It Matters
These transactions increased the company’s outstanding shares through issuance rather than cash payments. For investors, that means potential dilution and related-party equity issuance activity to monitor—particularly because the adviser and Brookfield affiliates were recipients and the issuances were exempt from registration under Section 4(a)(2). Tracking future fee elections and DRIP activity is relevant for understanding changes to share count and per-share metrics.