Brookfield Real Estate Income Trust Inc.
Sponsored by Brookfield. REIT structure focused on private real estate.
REITPrivate Real Estate
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Finding firmer ground in alternative investments.
Sponsored by Brookfield. REIT structure focused on private real estate.
REITPrivate Real Estate
Quarterly report (Form 10-Q) · filed 2026-05-12 · period 2026-03-31
charter net assets = us-gaap:Assets 2,104,175,000 - us-gaap:Liabilities 1,281,238,000 = 822,937,000
Method Matched text template against the filing
Open the filing on SEC.gov · Full observation history
Prospectus supplement (Form 424B3) · filed 2026-06-15 · period 2026-05-31
424B3 monthly pricing supplement (transaction price = NAV/share per its own text)
“to disclose the calculation of our May 31, 2026 net asset value ... Transaction Price (per share) Class S $ 10.2500 Class I $ 10.3650 Class D $ 10.4622 Class T $ 10.4629 ”
Method Matched text template against the filing
Open the filing on SEC.gov · Full observation history
Current findings ordered by severity. Each observation remains traceable to its filed source.
Mortgage collateral taken (foreclosure / deed in lieu / REO): d by the Operating Partnership or newly acquired properties. The underlying DST Properties are leased-back to a wholly owned subsidiary of the Company (the “ Master Tenant ” ) on a long-term basis, unless sooner terminated pursuant to the applicable master le
Occurrence event; see the filing text for terms vs the prior arrangement.
Source: https://www.sec.gov/Archives/edgar/data/1713407/000171340726000054/oak-20260331.htm | collateral taken
Net flows deteriorated to $-20.9M from $-27.6M (period ended 2026-03-31). (Rule C15: Net-flow deterioration: net flows negative; Notify.)
The fund is shrinking: money going out exceeds money coming in. Persistent negative net flows change the fund's behavior (what it can buy, what it must sell) even before any gate is near.
$-27.6M -> $-20.9M (up 24.2% vs prior period); trailing 4-period average $25.6M; same period prior year $164.6M; breach persisted 3 consecutive periods (escalated per the two-stage ladder); comparison interval: ~3 months (2025-12-31 -> 2026-03-31; this fund's series is observed at that frequency, so 'month over month' rules compare consecutive observations)
Source: derived: gross_share_sales + drip_reinvestment - shares_redeemed_dollars
New share sales fell 89% versus the same period last year ($50.0M -> $5.7M, period ended 2025-12-31). (Rule C13: Inflow stall (fundraising flywheel): gross sales down >= 50% vs same period prior year; Notify.)
New sales have dropped sharply versus the same period last year. The fundraising flywheel funds liquidity: falling inflows make every future redemption harder to meet without selling assets.
$16.4M -> $5.7M (down 65.6% vs prior period); trailing 4-period average $306.6M; same period prior year $50.0M; breach persisted 2 consecutive periods (escalated per the two-stage ladder); comparison interval: ~3 months (2025-09-30 -> 2025-12-31; this fund's series is observed at that frequency, so 'month over month' rules compare consecutive observations)
Source: us-gaap:ProceedsFromIssuanceOfCommonStock | accession 0001713407-26-000021 | 10-K filed 2026-03-17
Mortgage collateral taken (foreclosure / deed in lieu / REO): mercially reasonable terms or at all; • acquired properties may fail to perform as expected; • acquired properties may be located in new markets in which we may face risks associated with a lack of market knowledge or understanding of the local economy, lack
Occurrence event; see the filing text for terms vs the prior arrangement.
Source: https://www.sec.gov/Archives/edgar/data/1713407/000171340726000021/oak-20251231.htm | collateral taken
Net flows deteriorated to $-27.6M from $-13.5M (period ended 2025-12-31). (Rule C15: Net-flow deterioration: net flows negative; Notify.)
The fund is shrinking: money going out exceeds money coming in. Persistent negative net flows change the fund's behavior (what it can buy, what it must sell) even before any gate is near.
$-13.5M -> $-27.6M (down 104.3% vs prior period); trailing 4-period average $24.4M; same period prior year $-26.0M; breach persisted 2 consecutive periods (escalated per the two-stage ladder); comparison interval: ~3 months (2025-09-30 -> 2025-12-31; this fund's series is observed at that frequency, so 'month over month' rules compare consecutive observations)
Source: derived: gross_share_sales + drip_reinvestment - shares_redeemed_dollars
The fund is at or near its allowed leverage limit (105% of permitted leverage in use as of 2024-12-31) (GAAP-equity approximation of a cost-basis charter test; the fund's own NASAA calculation may show compliance).
The fund is at or near its allowed leverage limit (113% of permitted leverage in use as of 2022-03-31) (GAAP-equity approximation of a cost-basis charter test; the fund's own NASAA calculation may show compliance).
The fund is at or near its allowed leverage limit (122% of permitted leverage in use as of 2021-12-31) (GAAP-equity approximation of a cost-basis charter test; the fund's own NASAA calculation may show compliance).
Changes to Registrant’s Certifying Accountant. (2021-11-11)
NAV per share ($10.55) is 1.3% below its trailing four-observation average ($10.69) as of 2025-04-30.
NAV per share ($10.58) is 2.1% below its trailing four-observation average ($10.80) as of 2025-03-31.
NAV per share fell 2.3% from $10.95 to $10.69 (2025-02-28).
Net flows deteriorated to $-26.0M from $-31.8M (period ended 2024-12-31).
Net flows deteriorated to $-31.8M from $-44.8M (period ended 2024-09-30).
Net flows deteriorated to $-44.8M from $-49.2M (period ended 2024-06-30).
NAV per share ($11.31) is 1.3% below its trailing four-observation average ($11.46) as of 2024-04-30.
NAV per share ($11.32) is 2.2% below its trailing four-observation average ($11.57) as of 2024-03-31.
Net flows deteriorated to $-49.2M from $-36.0M (period ended 2024-03-31).
Net outflow of 5.1% of NAV in the period ended 2024-03-31.
NAV per share fell 2.6% from $11.75 to $11.44 (2024-02-29).
NAV per share ($11.44) is 2.7% below its trailing four-observation average ($11.76) as of 2024-02-29.
NAV per share ($11.75) is 1.9% below its trailing four-observation average ($11.98) as of 2024-01-31.
NAV per share fell 2.5% from $12.07 to $11.77 (2023-12-31).
Net flows deteriorated to $-36.0M from $-39.6M (period ended 2023-12-31).
Credit facility new or amended: 5 occurrence(s), 2020-06-05 to 2023-10-10
Net flows deteriorated to $-39.6M from $-18.6M (period ended 2023-09-30).
On September 25, 2023, Zachary B. (2023-09-25)
NAV per share ($12.51) is 1.6% below its trailing four-observation average ($12.70) as of 2023-07-31.
Net flows deteriorated to $-18.6M from $-2.5M (period ended 2023-06-30).
New share sales fell 58% versus the same period last year ($72.5M -> $30.3M, period ended 2023-03-31).
NAV per share fell 2.1% from $13.22 to $12.95 (2023-03-31).
NAV per share ($12.95) is 2.0% below its trailing four-observation average ($13.21) as of 2023-03-31.
Brookfield Real Estate Income Trust Inc. (2023-03-29)
NAV per share ($13.30) is 1.9% below its trailing four-observation average ($13.56) as of 2023-01-31.
Redemptions accelerated to $28.9M from $19.2M the prior period (period ended 2022-12-31).
NAV per share fell 2.0% from $13.63 to $13.36 (2022-12-31).
NAV per share fell 2.4% from $13.96 to $13.63 (2022-11-30).
Amended and Restated Advisory Agreement On March 21, 2022, the Company entered into the Amended and Restated Advisory Agreement, by and among the Company, the Operating... (2022-03-21)
On November 11, 2021, the Board increased the size of the Board from six directors to seven directors, and appointed Robert L. (2021-11-11)
99.1 to this Current Report and incorporated by reference herein. (2021-11-08)
On November 2, 2021, the Company filed Second Articles of Amendment with the State Department of Assessments and Taxation of Maryland (the “SDAT”) to change its corporate legal... (2021-11-02)
On July 14, 2021, in connection with the Adviser Transition Agreement, the Company’s board of directors increased the size of the board of directors from seven directors to 13... (2021-07-14)
Gross share sales: Inflow stall (fundraising flywheel): gross sales down >= 50% vs same period prior year [Notify, 2020-03-31]
Net asset value, total return, capital flows, and distribution coverage across the filing record.
Canonical class: Class I · basis: no qualifying monthly chain · qualifying history: 0 months.
Filed portfolio-health facts and position changes. Missing disclosures stay visibly missing.
Pending
Stated cap: 2% of NAV/month. The disclosed history shows no rationed period.
| Period | Requested | Filled | Cap used | Status |
|---|---|---|---|---|
| 2026-03-31 | 0.9% | 100% | 45% | filled |
| 2026-02-28 | 0.3% | 100% | 15% | filled |
| 2026-01-31 | 0.6% | 100% | 30% | filled |
| 2025-12-31 quarter | Pending | 100% | Pending | filled |
| 2025-09-30 | 0.3% | 100% | 15% | filled |
| 2025-08-31 | 0.8% | 100% | 40% | filled |
| 2025-07-31 | 0.8% | 100% | 40% | filled |
| 2025-06-30 | 0.1% | 100% | 5% | filled |
| 2025-05-31 | 0.3% | 100% | 15% | filled |
| 2025-04-30 | 1.6% | 100% | 80% | filled |
| 2025-03-31 | 1.1% | 100% | 55% | filled |
| 2025-02-28 | 1.4% | 100% | 70% | filled |
| 2025-01-31 | 0.7% | 100% | 35% | filled |
| 2024-12-31 quarter | Pending | 100% | Pending | filled |
| 2024-09-30 | 0.6% | 100% | 30% | filled |
| 2024-08-31 | 1.4% | 100% | 70% | filled |
| 2024-07-31 | 1.6% | 100% | 80% | filled |
| 2024-06-30 | 1.3% | 100% | 65% | filled |
| 2024-05-31 | 2.0% | 100% | 100% | filled |
| 2024-04-30 | 2.3% | 100% | 115% | cap expanded |
| 2024-03-31 | 1.5% | 100% | 73% | filled |
| 2024-02-29 | 1.8% | 100% | 89% | filled |
| 2024-01-31 | 1.8% | 100% | 88% | filled |
| 2023-12-31 quarter | Pending | 100% | Pending | filled |
| 2023-09-30 | 1.7% | 100% | 83% | filled |
| 2023-08-31 | 1.6% | 100% | 80% | filled |
| 2023-07-31 | 1.7% | 100% | 84% | filled |
| 2023-06-30 | 1.9% | 100% | 94% | filled |
| 2023-05-31 | 1.2% | 100% | 62% | filled |
| 2023-04-30 | 0.9% | 100% | 46% | filled |
| 2023-03-31 | Pending | 100% | Pending | filled |
| 2023-02-28 | Pending | 100% | Pending | filled |
| 2023-01-31 | Pending | 100% | Pending | filled |
| 2022-12-31 quarter | Pending | 100% | Pending | filled |
| 2022-09-30 | Pending | 100% | Pending | filled |
| 2022-08-31 | Pending | 100% | Pending | filled |
| 2022-07-31 | Pending | 100% | Pending | filled |
| 2022-06-30 | Pending | 100% | Pending | filled |
| 2022-05-31 | Pending | 100% | Pending | filled |
| 2022-04-30 | Pending | 100% | Pending | filled |
| 2022-03-31 | Pending | 100% | Pending | filled |
| 2022-02-28 | Pending | 100% | Pending | filled |
| 2022-01-31 | Pending | 100% | Pending | filled |
| 2021-12-31 | Pending | 100% | Pending | filled |
Borrowings, unused capacity, and synthetic exposure are separated so unlike risks do not collapse into one ratio.
Pending
A filed share-class breakdown and terms-based role descriptions. This is not an estimate of who owns the fund.
Not attributed 100.0%
| Class | Terms-based role description | Load | Servicing | Minimum | Assets |
|---|---|---|---|---|---|
| Class I | Pending | Pending | Pending | Pending | Pending |
Management fee: 1.25% of nav per year, current as of latest filed disclosure. Research only: not used in a fee distribution. SEC source 0001713407-26-000056.
The Company pays the Adviser a management fee equal to 1.25% per annum of the Company's NAV on its Class T, Class S, Class D, Class I and Class C shares of common stock, payable monthly. The Operating Partnership pays the Adviser the same 1.25% per annum of its NAV on the corresponding OP unit classes held by third parties, and the Company/OP also pay 1.25% per annum on the aggregate DST Property consideration (no duplicative fee across the two). No management fee is paid on Class E shares/units.
| Class | Management | Incentive | Load | Servicing | Gross expenses | Net expenses |
|---|---|---|---|---|---|---|
| Class I | 1.25% | Pending | Pending | Pending | Pending | Pending |
Filed terms and recent documents remain available without crowding the primary research flow.
| Term | Description | Value | Effective |
|---|---|---|---|
| advisory_fee_schedule | The Company pays the Adviser a management fee equal to 1.25% per annum of the Company's NAV on its Class T, Class S, Class D, Class I and Class C shares of common stock, payable monthly. The Operating Partnership pays the Adviser the same 1.25% per annum of its NAV on the corresponding OP unit classes held by third parties, and the Company/OP also pay 1.25% per annum on the aggregate DST Property consideration (no duplicative fee across the two). No management fee is paid on Class E shares/units. | 1.25 pct_annual_of_nav | Pending |
| incentive_fee_schedule | In calculating the management fee, the Company will use its NAV and the Operating Partnership’s NAV before giving effect to any accruals for the management fee, the performance fee, the stockholder servicing fee, the investor servicing fee or distributions payable on its shares or the Operating Partnership’s units. No management fee is paid with respect to Class E shares or Class E units. 24 Table of Contents The management fee can be paid, at the Adviser’s election, in cash or shares of the Company ’ s common stock or units of the Operating Partnership. To date, the Adviser has elected to receive the management fee in Class I and Class E shares of the Company’s common stock. During the three months ended March 31, 2026 and 2025 , management fees earned by the Adviser were $3.3 million and $3.2 million , respectively. During the three months ended March 31, 2026 , the Company issued 316,373 unregistered Class I shares of common stock to the Adviser for the payment of management fees earned from December 2025 through February 2026 . The Company also had an accrued payable of $1.1 million related to the management fee as of March 31, 2026 , which is included in Due to affiliates on the Company’s Consolidated Balance Sheets. During April 2026 , the Adviser was issued 105,505 unregistered Class I shares as payment for the $1.1 million management fee accrued as of March 31, 2026 . The Adviser is entitled to a performance fee based on the total return of the Company ’s Class C, Class D, Class I, Class S and Class T shares of common stock (no performance fee is paid on the Class E shares). Total return is defined as distributions paid or accrued plus the change in the Company’s NAV, adjusted for subscriptions and repurchases. Pursuant to the Advisory Agreement, the performance fee is equal to 12.5% of the total return in excess of a 5% total return (after recouping any loss carryforward amount), subject to a catch-up. The performance fee becomes payable at the end of each calendar year and can be paid, at the Adviser’s election, in cash, shares of the Company ’ s common stock, or units of the Operating Partnership. In addition, the Operating Partnership will pay the Adviser a performance fee with respect to certain classes of units held by parties other than the Company paid annually in an amount equal to 12.5% of the total return, subject to a 5% hurdle amount and a high-water mark, with a catch-up. | Text disclosure | Pending |
| leverage_ceiling | ions of the Adviser or Sub-Adviser, as applicable, or any leverage at all. Under our charter, we have a limitation that precludes us from borrowing in excess of 300% of our net assets, which approximates borrowing 75% of the cost of our investments (unless a majority of our independent directors approv | 300.0 pct_of_net_assets | Pending |
| repurchase_program_terms | Share Repurchase Plan: aggregate value of shares repurchased limited, in any calendar month, to no more than 2% of aggregate NAV attributable to stockholders as of the last day of the previous calendar month, and in any calendar quarter, to no more than 5% of aggregate NAV as of the last day of the previous calendar quarter; measured on a NET-repurchases basis (capital outflows less capital inflows). | 2.0 pct_of_aggregate_nav_per_month | Pending |
| Filed | Form | Accession |
|---|---|---|
| 2026-06-29 | 8-K | 0001713407-26-000069 |
| 2026-06-15 | 424B3 | 0001713407-26-000064 |
| 2026-05-28 | 8-K | 0001713407-26-000060 |
| 2026-05-14 | 424B3 | 0001713407-26-000056 |
| 2026-05-12 | 10-Q | 0001713407-26-000054 |
| 2026-04-30 | 8-K | 0001713407-26-000048 |
| 2026-04-15 | 424B3 | 0001713407-26-000040 |
| 2026-04-03 | DEF 14A | 0001140361-26-013115 |
| 2026-03-30 | 8-K | 0001713407-26-000031 |
| 2026-03-17 | 10-K | 0001713407-26-000021 |
| 2026-03-16 | 424B3 | 0001713407-26-000015 |
| 2026-02-26 | 8-K | 0001713407-26-000013 |
| 2026-02-13 | 424B3 | 0001713407-26-000009 |
| 2026-01-29 | 8-K | 0001713407-26-000008 |
| 2026-01-16 | 424B3 | 0001713407-26-000003 |