Brookfield REIT Declares Slight Decrease in Monthly NAV

Brookfield Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Oaktree Real Estate Income Trust, has declared a monthly net asset value per share for its shares of common stock, as of Sept. 30, 2023.

Class S shares were valued at $12.28 as of Sept. 30, 2023, compared to $12.27 per share the month prior.

Class I shares were valued at $12.37 per share, compared to $12.36 per share the month prior.

Class T shares were valued at $12.44 per share, compared to $12.43 per share the month prior.

Class D shares were valued at $12.37 per share, compared to $12.36 per share the month prior.

Shares were originally priced at $10.00 each, plus applicable upfront selling commissions and dealer manager fees.

Class S shares are available through brokerage and transactional-based accounts, Class I shares are available to institutional investors, and Class D are available through fee-based programs. Class C and Class E shares are sold through a private offering. The REIT also offers Class T shares, which are available through brokerage and transactional-based accounts.

The NAV per share is based on the estimated value of the company’s assets, less the estimated value of its liabilities divided by the number of outstanding shares.

There were nearly 90.2 million shares outstanding in September, compared to 91.3 million the previous month.

The company’s net asset value was $1.11 billion as of Aug. 31, 2023, compared to $1.12 billion the month prior.

Click here to visit The DI Wire directory page.