Brookfield REIT Updates Monthly NAV Per Share

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 March 31, 2023.

Class S shares were valued at $12.86 as of March 31, 2023, compared to $13.13 per share the month prior.

Class I shares were valued at $12.95 compared to $13.22 per share the month prior.

Class T shares were valued at $12.95 compared to $13.20 per share the month prior.

Class D shares were valued at $12.95 compared to $13.22 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, but none were sold as of March 31, 2023.

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 92.0 million shares outstanding in March, compared to 93.2 million the previous month.

The company’s net asset value is $1.2 billion as of March 31, 2023.

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