{"id":145309,"date":"2021-07-16T12:08:24","date_gmt":"2021-07-16T16:08:24","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&p=145309"},"modified":"2021-07-21T12:12:36","modified_gmt":"2021-07-21T16:12:36","slug":"brookfield-to-create-private-reit-out-of-oaktree-managed-assets","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/","title":{"rendered":"Brookfield to Create Private REIT Out of Oaktree-Managed Assets"},"content":{"rendered":"

Brookfield to Create Private REIT Out of Oaktree-Managed Assets<\/h1>\n

July 16, 2021 | James Sprow | Blue Vault<\/p>\n

\"\"Brookfield Asset Management Inc. is looking to establish its own private real estate investment trust, known as Brookfield Real Estate Income Trust Inc., in a bid to increase its scale, Bloomberg Markets reported, citing people familiar with the matter.<\/p>\n

The new REIT reportedly will be created by turning over to Brookfield the management of a $478 million portfolio of properties overseen by Oaktree Capital Management LP unit Oaktree Real Estate Income Trust Inc., including residential assets in Atlanta, Denver and Dallas, as well as office buildings in Los Angeles and Arlington, Va.<\/p>\n

Brookfield’s interest in three multifamily and office assets worth over $400 million will be contributed to the venture, with plans to expand the portfolio over time. The strategy will stay largely intact but will include some markets outside of the U.S. where Brookfield operates, the sources said.<\/p>\n

The transfer of the advisory role to Brookfield could take place during the fourth quarter, and Brookfield-Oaktree Wealth Solutions will distribute the units in the new REIT to individual and high-net-worth investors, the sources said.<\/p>\n

Oaktree Real Estate President Manish Desai will continue to lead the company, according to the report.<\/p>\n

Sources:\u00a0 S&P Global Market Intelligence, Bloomberg<\/span><\/em><\/p>\n

 <\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

Brookfield Asset Management Inc. is looking to establish its own private real estate investment trust, known as Brookfield Real Estate Income Trust Inc….<\/p>\n","protected":false},"author":2691,"featured_media":28060,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3010,2891,2969],"tags":[],"class_list":["post-145309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asset-manager-news","category-oaktree","category-product-launch"],"acf":[],"yoast_head":"\nBrookfield to Create Private REIT Out of Oaktree-Managed Assets - Blue Vault<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brookfield to Create Private REIT Out of Oaktree-Managed Assets - Blue Vault\" \/>\n<meta property=\"og:description\" content=\"Brookfield Asset Management Inc. is looking to establish its own private real estate investment trust, known as Brookfield Real Estate Income Trust Inc....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/\" \/>\n<meta property=\"og:site_name\" content=\"Blue Vault\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-16T16:08:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-21T16:12:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2019\/10\/business-page-e1595877266612.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"604\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Margaret Armour\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Margaret Armour\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/\",\"url\":\"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/\",\"name\":\"Brookfield to Create Private REIT Out of Oaktree-Managed Assets - Blue Vault\",\"isPartOf\":{\"@id\":\"https:\/\/bluevaultpartners.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2019\/10\/business-page-e1595877266612.jpg\",\"datePublished\":\"2021-07-16T16:08:24+00:00\",\"dateModified\":\"2021-07-21T16:12:36+00:00\",\"author\":{\"@id\":\"https:\/\/bluevaultpartners.com\/#\/schema\/person\/73d90b3623e434fd7d354f607462b69f\"},\"breadcrumb\":{\"@id\":\"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/#primaryimage\",\"url\":\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2019\/10\/business-page-e1595877266612.jpg\",\"contentUrl\":\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2019\/10\/business-page-e1595877266612.jpg\",\"width\":900,\"height\":604},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/qa.bluevaultpartners.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Brookfield to Create Private REIT Out of Oaktree-Managed Assets\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bluevaultpartners.com\/#website\",\"url\":\"https:\/\/bluevaultpartners.com\/\",\"name\":\"Blue Vault Partners\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bluevaultpartners.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/bluevaultpartners.com\/#\/schema\/person\/73d90b3623e434fd7d354f607462b69f\",\"name\":\"Margaret Armour\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bluevaultpartners.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/348eb5e281f25c6b18a3428a7dae24d0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/348eb5e281f25c6b18a3428a7dae24d0?s=96&d=mm&r=g\",\"caption\":\"Margaret Armour\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Brookfield to Create Private REIT Out of Oaktree-Managed Assets - Blue Vault","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/","og_locale":"en_US","og_type":"article","og_title":"Brookfield to Create Private REIT Out of Oaktree-Managed Assets - Blue Vault","og_description":"Brookfield Asset Management Inc. is looking to establish its own private real estate investment trust, known as Brookfield Real Estate Income Trust Inc....","og_url":"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/","og_site_name":"Blue Vault","article_published_time":"2021-07-16T16:08:24+00:00","article_modified_time":"2021-07-21T16:12:36+00:00","og_image":[{"width":900,"height":604,"url":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2019\/10\/business-page-e1595877266612.jpg","type":"image\/jpeg"}],"author":"Margaret Armour","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Margaret Armour","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/","url":"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/","name":"Brookfield to Create Private REIT Out of Oaktree-Managed Assets - Blue Vault","isPartOf":{"@id":"https:\/\/bluevaultpartners.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/#primaryimage"},"image":{"@id":"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/#primaryimage"},"thumbnailUrl":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2019\/10\/business-page-e1595877266612.jpg","datePublished":"2021-07-16T16:08:24+00:00","dateModified":"2021-07-21T16:12:36+00:00","author":{"@id":"https:\/\/bluevaultpartners.com\/#\/schema\/person\/73d90b3623e434fd7d354f607462b69f"},"breadcrumb":{"@id":"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/#primaryimage","url":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2019\/10\/business-page-e1595877266612.jpg","contentUrl":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2019\/10\/business-page-e1595877266612.jpg","width":900,"height":604},{"@type":"BreadcrumbList","@id":"https:\/\/qa.bluevaultpartners.com\/brookfield-to-create-private-reit-out-of-oaktree-managed-assets\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/qa.bluevaultpartners.com\/"},{"@type":"ListItem","position":2,"name":"Brookfield to Create Private REIT Out of Oaktree-Managed Assets"}]},{"@type":"WebSite","@id":"https:\/\/bluevaultpartners.com\/#website","url":"https:\/\/bluevaultpartners.com\/","name":"Blue Vault Partners","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bluevaultpartners.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/bluevaultpartners.com\/#\/schema\/person\/73d90b3623e434fd7d354f607462b69f","name":"Margaret Armour","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bluevaultpartners.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/348eb5e281f25c6b18a3428a7dae24d0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/348eb5e281f25c6b18a3428a7dae24d0?s=96&d=mm&r=g","caption":"Margaret Armour"}}]}},"_links":{"self":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/posts\/145309"}],"collection":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/users\/2691"}],"replies":[{"embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/comments?post=145309"}],"version-history":[{"count":0,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/posts\/145309\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/media\/28060"}],"wp:attachment":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/media?parent=145309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/categories?post=145309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/tags?post=145309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}