trending Market Intelligence /marketintelligence/en/news-insights/trending/zjl3ufkaxhptmdwfwjym3g2 content esgSubNav
In This List

Oaktree Real Estate Income Trust files for best-efforts offering

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on LGD

BLOG

Banking Essentials Newsletter: June Edition


Oaktree Real Estate Income Trust files for best-efforts offering

Oaktree Real Estate Income Trust Inc. filed a registration statement for a best-efforts offering of up to $2.00 billion of common stock.

Oaktree, which intends to qualify as a real estate investment trust, will offer up to $1.60 billion of stock in its primary offering and up to $400.0 million under a distribution reinvestment plan. The nontraded REIT will offer four classes of shares — classes T, S, D and I — which have varying selling commissions and dealer-manager fees.

Oaktree currently does not own any properties and is thus conducting a "blind pool" offering. The REIT intends to primarily invest in core-plus, income-producing properties in the top 50 U.S. markets, as well as a limited amount of private loans and traded securities.

Oaktree is advised by Oaktree Fund Advisors LLC, which is an affiliate of its sponsor, Oaktree Capital Management LP.