<SEC-DOCUMENT>0001193125-25-308280.txt : 20251204
<SEC-HEADER>0001193125-25-308280.hdr.sgml : 20251204
<ACCEPTANCE-DATETIME>20251204175003
ACCESSION NUMBER:		0001193125-25-308280
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20251124
FILED AS OF DATE:		20251204
DATE AS OF CHANGE:		20251204

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BROOKFIELD Corp /ON/
		CENTRAL INDEX KEY:			0001001085
		STANDARD INDUSTRIAL CLASSIFICATION:	OPERATORS OF NONRESIDENTIAL BUILDINGS [6512]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-56428
		FILM NUMBER:		251550815

	BUSINESS ADDRESS:	
		STREET 1:		BROOKFIELD PLACE, 181 BAY ST, STE 100
		STREET 2:		PO BOX 762
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J2T3
		BUSINESS PHONE:		416-363-9491

	MAIL ADDRESS:	
		STREET 1:		BROOKFIELD PLACE, 181 BAY ST, STE 100
		STREET 2:		PO BOX 762
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J2T3

	FORMER NAME:	
		FORMER CONFORMED NAME:	BROOKFIELD ASSET MANAGEMENT INC.
		DATE OF NAME CHANGE:	20051116

	FORMER NAME:	
		FORMER CONFORMED NAME:	BRASCAN CORP/
		DATE OF NAME CHANGE:	20010321

	FORMER NAME:	
		FORMER CONFORMED NAME:	EDPERBRASCAN CORP
		DATE OF NAME CHANGE:	19970904

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Oaktree Capital Group Holdings GP, LLC
		CENTRAL INDEX KEY:			0001403525
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-56428
		FILM NUMBER:		251550808

	BUSINESS ADDRESS:	
		STREET 1:		333 SOUTH GRAND AVENUE
		STREET 2:		28TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90071
		BUSINESS PHONE:		(213) 830-6300

	MAIL ADDRESS:	
		STREET 1:		333 SOUTH GRAND AVENUE
		STREET 2:		28TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90071

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Brookfield Oaktree Holdings, LLC
		CENTRAL INDEX KEY:			0001403528
		STANDARD INDUSTRIAL CLASSIFICATION:	INVESTMENT ADVICE [6282]
		ORGANIZATION NAME:           	02 Finance
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-56428
		FILM NUMBER:		251550812

	BUSINESS ADDRESS:	
		STREET 1:		333 SOUTH GRAND AVENUE
		STREET 2:		28TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90071
		BUSINESS PHONE:		(213) 830-6300

	MAIL ADDRESS:	
		STREET 1:		333 SOUTH GRAND AVENUE
		STREET 2:		28TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90071

	FORMER NAME:	
		FORMER CONFORMED NAME:	Oaktree Capital Group, LLC
		DATE OF NAME CHANGE:	20070618

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Brookfield Holdings Canada Inc.
		CENTRAL INDEX KEY:			0001540230
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-56428
		FILM NUMBER:		251550814

	BUSINESS ADDRESS:	
		STREET 1:		181 BAY STREET
		STREET 2:		BROOKFIELD PLACE, SUITE 300
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J2T3
		BUSINESS PHONE:		416 956 5812

	MAIL ADDRESS:	
		STREET 1:		181 BAY STREET
		STREET 2:		BROOKFIELD PLACE, SUITE 300
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J2T3

	FORMER NAME:	
		FORMER CONFORMED NAME:	Brookfield Holdings Canada
		DATE OF NAME CHANGE:	20120123

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			OCG NTR Holdings, LLC
		CENTRAL INDEX KEY:			0001983661
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-56428
		FILM NUMBER:		251550811

	BUSINESS ADDRESS:	
		STREET 1:		333 SOUTH GRAND AVENUE
		STREET 2:		28TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90071
		BUSINESS PHONE:		213-830-6300

	MAIL ADDRESS:	
		STREET 1:		333 SOUTH GRAND AVENUE
		STREET 2:		28TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90071

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BUSI II-C L.P.
		CENTRAL INDEX KEY:			0001921478
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-56428
		FILM NUMBER:		251550809

	BUSINESS ADDRESS:	
		STREET 1:		250 VESEY STREET
		STREET 2:		15TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10281
		BUSINESS PHONE:		2124177000

	MAIL ADDRESS:	
		STREET 1:		250 VESEY STREET
		STREET 2:		15TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10281

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BUSI II GP-C LLC
		CENTRAL INDEX KEY:			0001983486
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-56428
		FILM NUMBER:		251550810

	BUSINESS ADDRESS:	
		STREET 1:		250 VESEY STREET
		STREET 2:		15TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10281
		BUSINESS PHONE:		212-417-7000

	MAIL ADDRESS:	
		STREET 1:		250 VESEY STREET
		STREET 2:		15TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10281

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Brookfield Corporate Treasury Ltd.
		CENTRAL INDEX KEY:			0001983642
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-56428
		FILM NUMBER:		251550813

	BUSINESS ADDRESS:	
		STREET 1:		BROOKFIELD PLACE
		STREET 2:		181 BAY STREET, SUITE 300
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 2T3
		BUSINESS PHONE:		416-956-5182

	MAIL ADDRESS:	
		STREET 1:		BROOKFIELD PLACE
		STREET 2:		181 BAY STREET, SUITE 300
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 2T3

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BROOKFIELD REAL ESTATE INCOME TRUST INC.
		CENTRAL INDEX KEY:			0001713407
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		EIN:				822365593
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		250 VESEY STREET
		STREET 2:		15TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10281
		BUSINESS PHONE:		212-417-7000

	MAIL ADDRESS:	
		STREET 1:		250 VESEY STREET
		STREET 2:		15TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10281

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OAKTREE REAL ESTATE INCOME TRUST, INC.
		DATE OF NAME CHANGE:	20170728
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>ownership.xml
<DESCRIPTION>3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2025-11-24</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001713407</issuerCik>
        <issuerName>BROOKFIELD REAL ESTATE INCOME TRUST INC.</issuerName>
        <issuerTradingSymbol>N/A</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001001085</rptOwnerCik>
            <rptOwnerName>BROOKFIELD Corp /ON/</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>BROOKFIELD PLACE</rptOwnerStreet1>
            <rptOwnerStreet2>181 BAY STREET, SUITE 100</rptOwnerStreet2>
            <rptOwnerCity>TORONTO</rptOwnerCity>
            <rptOwnerState>A6</rptOwnerState>
            <rptOwnerZipCode>M5J 2T3</rptOwnerZipCode>
            <rptOwnerStateDescription>ONTARIO, CANADA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001540230</rptOwnerCik>
            <rptOwnerName>Brookfield Holdings Canada Inc.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>BROOKFIELD PLACE</rptOwnerStreet1>
            <rptOwnerStreet2>181 BAY STREET, SUITE 100</rptOwnerStreet2>
            <rptOwnerCity>TORONTO</rptOwnerCity>
            <rptOwnerState>A6</rptOwnerState>
            <rptOwnerZipCode>M5J 2T3</rptOwnerZipCode>
            <rptOwnerStateDescription>ONTARIO, CANADA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001983642</rptOwnerCik>
            <rptOwnerName>Brookfield Corporate Treasury Ltd.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>BROOKFIELD PLACE</rptOwnerStreet1>
            <rptOwnerStreet2>181 BAY STREET, SUITE 100</rptOwnerStreet2>
            <rptOwnerCity>TORONTO</rptOwnerCity>
            <rptOwnerState>A6</rptOwnerState>
            <rptOwnerZipCode>M5J 2T3</rptOwnerZipCode>
            <rptOwnerStateDescription>ONTARIO, CANADA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001403528</rptOwnerCik>
            <rptOwnerName>Brookfield Oaktree Holdings, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O BROOOKFIELD OAKTREE HOLDINGS, LLC</rptOwnerStreet1>
            <rptOwnerStreet2>333 SOUTH GRAND AVENUE, 28TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>LOS ANGELES</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90071</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001983661</rptOwnerCik>
            <rptOwnerName>OCG NTR Holdings, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>250 VESEY STREET, 15TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10281</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001983486</rptOwnerCik>
            <rptOwnerName>BUSI II GP-C LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>250 VESEY STREET, 15TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10281</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001921478</rptOwnerCik>
            <rptOwnerName>BUSI II-C L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>250 VESEY STREET, 15TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10281</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001403525</rptOwnerCik>
            <rptOwnerName>Oaktree Capital Group Holdings GP, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O BROOKFIELD OAKTREE HOLDINGS, LLC</rptOwnerStreet1>
            <rptOwnerStreet2>333 SOUTH GRAND AVENUE, 28TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>LOS ANGELES</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90071</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class I Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>26882237</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Held by BUSI II-C L.P.</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class E Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2842438</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Held by BUSI II-C L.P.</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class E Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>72256</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Held by BIM Capital LLC</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class I Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>420303</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Held by Brookfield REIT Adviser LLC</value>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">These shares are held directly by BUSI II-C L.P. (&quot;BUSI II-C&quot;). Brookfield Corporation (&quot;BCORP&quot;) is a holder of common shares of Brookfield Holdings Canada Inc. (&quot;BHC&quot;). BHC is the sole shareholder of Brookfield Corporate Treasury Ltd. (&quot;BCT&quot;). BCT is the sole holder of common shares of Brookfield Oaktree Holdings Canada Inc. (&quot;BOHC&quot;), which is a holder of Class A units of Brookfield Oaktree Holdings, LLC (&quot;OCG LLC&quot;). Oaktree Capital Group Holdings GP, LLC (&quot;OCGH GP&quot;) is the indirect owner of the class B units of OCG LLC. OCG LLC is the sole common shareholder of OCG NTR Holdings, LLC (&quot;OCG NTR&quot;), which is the managing member of BUSI II GP-C LLC (&quot;BUSI II GP-C&quot;) and a limited partner of BUSI II-C. BUSI II GP-C is the general partner of BUSI II-C.</footnote>
        <footnote id="F2">These shares are held directly by BIM Capital LLC (&quot;BIM&quot;) and indirectly by BCORP, BAM, Brookfield Asset Management ULC (&quot;BAM-ULC&quot;), Brookfield US Holdings Inc. (&quot;BUSHI&quot;), Brookfield US Inc. (&quot;BUSI&quot;) and Brookfield Public Securities Group Holdings LLC (&quot;PSG Holdings&quot;). BCORP is a holder of common shares of BAM-ULC, an ownership interest in BAM and special tracking preferred shares and Class B senior preferred shares of BUSHI. BAM is a holder of common shares of BAM-ULC. BAM-ULC is the holder of Class B common shares of BUSHI. BUSHI is the holder of Class A common shares and Class C preferred shares of BUSI. BUSI is the managing member of PSG Holdings, which is the managing member of BIM.</footnote>
        <footnote id="F3">These shares are held directly by the Brookfield REIT Adviser LLC (the &quot;Adviser&quot;) and indirectly by BCORP, BAM, BAM-ULC, BUSHI, BUSI, Brookfield Property Master Holdings LLC (&quot;BPM Holdings&quot;) and Brookfield Property Group LLC (&quot;BPG&quot;). BCORP is a holder of common shares of BAM-ULC, an ownership interest in BAM and special tracking preferred shares and Class B senior preferred shares of BUSHI. BAM is a holder of common shares of BAM-ULC. BAM-ULC is the holder of Class B common shares of BUSHI. BUSHI is the holder of Class A common shares and Class C preferred shares of BUSI. BUSI is the managing member of BPM Holdings. BPM Holdings is the sole member of BPG, which is the managing member of the Adviser.</footnote>
        <footnote id="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 Persons are the beneficial owners of any equity securities in excess of their respective pecuniary interests, and each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any.</footnote>
    </footnotes>

    <remarks>Because no more than 10 reporting persons can file any one Form 3 through the Securities and Exchange Commission's EDGAR system, certain affiliates of the Reporting Persons are filing a separate Form 3. The Reporting Persons are jointly filing this Form 3 pursuant to Rule 16a-3(j) under the Exchange Act.</remarks>

    <ownerSignature>
        <signatureName>BROOKFIELD CORPORATION, By: /s/ Swati Mandava, Name: Swati Mandava, Title: Managing Director, Legal &amp; Regulatory</signatureName>
        <signatureDate>2025-12-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>BROOKFIELD HOLDINGS CANADA INC., By: /s/ Swati Mandava, Name: Swati Mandava, Title: Vice President &amp; Secretary</signatureName>
        <signatureDate>2025-12-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>BROOKFIELD CORPORATE TREASURY LTD.,  By:  /s/ Swati Mandava, Name: Swati Mandava, Title: Vice President &amp; Secretary</signatureName>
        <signatureDate>2025-12-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>BROOKFIELD OAKTREE HOLDINGS, LLC, By: /s/ Richard Ting, Name: Richard Ting, Title: Authorized Signatory</signatureName>
        <signatureDate>2025-12-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>OCG NTR HOLDINGS, LLC, By: /s/ Michelle Campbell, Name: Michelle Campbell,  Title: Director</signatureName>
        <signatureDate>2025-12-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>BUSI II GP-C LLC, By: /s/ Michelle Campbell,  Name:  Michelle Campbell, Title: Secretary</signatureName>
        <signatureDate>2025-12-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>BUSI II-C L.P., by its general partner, BUSI II GP-C LLC, By: /s/ Michelle Campbell, Name: Michelle Campbell, Title: Secretary</signatureName>
        <signatureDate>2025-12-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>OAKTREE CAPITAL GROUP HOLDINGS GP, LLC, By: /s/ Richard Ting, Name: Richard Ting, Title: Managing Director and General Counsel</signatureName>
        <signatureDate>2025-12-04</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
