Brookfield updates Brookfield REIT share holdings
Brookfield Corporation, a 10% owner of Brookfield Real Estate Income Trust Inc., reported updated indirect holdings and an internal restructuring of its positions.
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Form Type
4
Rhea-AI Filing Summary
Brookfield Corporation, a 10% owner of Brookfield Real Estate Income Trust Inc., reported updated indirect holdings and an internal restructuring of its positions. A key entry shows 4,341,534 shares of Class I Common Stock at $10.365 per share held by BPG NTR Holdings LLC.
Other entries report indirect holdings of Class E and Class I shares through BIM Capital LLC, BUSI II-C L.P., and Brookfield REIT Adviser LLC, with the filing listing share amounts held after the reported date. Brookfield Corporation is described as the ultimate beneficial owner of these entities but expressly disclaims beneficial ownership beyond its pecuniary interest.
Insider Trade Summary
Other: 4,341,534 shares
Other
5 txns
Insider
BROOKFIELD Corp /ON/
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class I Common Stock | 4,341,534 | $10.365 | $45.00M |
| holding | Class I Common Stock | -- | -- | -- |
| holding | Class I Common Stock | -- | -- | -- |
| holding | Class E Common Stock | -- | -- | -- |
| holding | Class E Common Stock | -- | -- | -- |
Holdings After Transaction:
Class I Common Stock — 4,341,534 shares (Indirect, Held by BPG NTR Holdings LLC);
Class I Common Stock — 221,318 shares (Indirect, Held by Brookfield REIT Adviser LLC);
Class I Common Stock — 27,983,775 shares (Indirect, Held by BUSI II-C L.P.);
Class E Common Stock — 2,983,209 shares (Indirect, Held by BUSI II-C L.P.);
Class E Common Stock — 75,834 shares (Indirect, Held by BIM Capital LLC)
Footnotes (4)
- F1. Reflects shares issued to, and held directly by, BPG NTR Holdings LLC ("BPG").
- F2. Does not include shares that will be issued on or about July 20, 2026 pursuant to the Issuer's distribution reinvestment plan.
- F3. Brookfield Corporation ("BCORP") indirectly owns and controls Brookfield Wealth Solutions Ltd. ("BNT"), BUSI II-C L.P. ("BUSI II-C"), BUSI II GP-C LLC, the general partner of BUSI II-C, BIM Capital LLC ("BIM"), Brookfield REIT Advisor LLC (the "Adviser") and BPG and is the ultimate beneficial owner of the shares directly held by BUSI II-C, BIM, the Adviser and BPG. BCORP and BNT have entered into a voting agreement as more fully discussed in the Amendment to Schedule 13D filed by BCORP, BNT, BUSI II-C, BIM and the Adviser on April 22, 2026.
- F4. This filing shall not be deemed an admission that for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, that the Reporting Person is the beneficial owners of any equity securities in excess of its respective pecuniary interests, and the Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any.
Key Figures
Restructured Class I shares: 4,341,534 shares
Price per Class I share: $10.365 per share
Class I shares via BUSI II-C: 27,983,775 shares
+3 more
6 metrics
Restructured Class I shares
4,341,534 shares
Class I Common Stock held by BPG NTR Holdings LLC after J-code transaction
Price per Class I share
$10.365 per share
Value associated with the 4,341,534 Class I shares held by BPG NTR Holdings LLC
Class I shares via BUSI II-C
27,983,775 shares
Total Class I Common Stock held indirectly by BUSI II-C L.P. following the reported date
Class I shares via Adviser
221,318 shares
Class I Common Stock held indirectly by Brookfield REIT Adviser LLC
Class E shares via BIM Capital
75,834 shares
Class E Common Stock held indirectly by BIM Capital LLC
Class E shares via BUSI II-C
2,983,209 shares
Class E Common Stock held indirectly by BUSI II-C L.P.
Key Terms
distribution reinvestment plan, pecuniary interests, Schedule 13D, Section 16 of the Securities Exchange Act of 1934, +2 more
6 terms
distribution reinvestment plan financial
"Does not include shares that will be issued on or about July 20, 2026 pursuant to the Issuer's distribution reinvestment plan."
An automatic program that uses cash distributions—such as dividends or other payouts—from a stock or fund to buy additional shares of the same security instead of handing out cash to the investor. Think of it like using store credit you’d otherwise pocket to buy more items: it makes your holding grow over time without you having to manually reinvest, which can compound returns, reduce transaction costs and change the timing of taxable income.
pecuniary interests financial
"the Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein"
Schedule 13D regulatory
"voting agreement as more fully discussed in the Amendment to Schedule 13D filed by BCORP, BNT, BUSI II-C, BIM and the Adviser"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
Section 16 of the Securities Exchange Act of 1934 regulatory
"This filing shall not be deemed an admission that for purposes of Section 16 of the Securities Exchange Act of 1934, as amended"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
Class I Common Stock financial
"Class I Common Stock transaction with 4,341,534.0000 shares held by BPG NTR Holdings LLC"
Class E Common Stock financial
"Class E Common Stock holding entries for BIM Capital LLC and BUSI II-C L.P."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Brookfield Corporation (BN) report in this Form 4 for Brookfield Real Estate Income Trust?
Brookfield Corporation reports updated indirect holdings in Brookfield Real Estate Income Trust. The filing lists share amounts held through several affiliated entities and records an internal restructuring transaction in Class I Common Stock, rather than an open-market buy or sell.
Does Brookfield Corporation claim full beneficial ownership of all reported Brookfield REIT shares?
Brookfield Corporation expressly disclaims beneficial ownership beyond its pecuniary interests. The filing states it should not be deemed the beneficial owner of any equity securities in excess of its pecuniary interest, even though it indirectly controls the holding entities.
Is the Form 4 for Brookfield Real Estate Income Trust an open-market trade by Brookfield Corporation?
No, the coded transaction is labeled as “Other acquisition or disposition” with code J. It reflects an internal restructuring through BPG NTR Holdings LLC, while other lines simply report indirect holdings, not open-market buying or selling activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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