410a
It sounds as if he has 2 different companies set up. BRO, and RAKS. They may NOT have all the same owners for each company.
If this property is leased under RAKS, and not BRO, he's not cheating or being dishonest with anyone in his offer, IMO.
I assume he stated ownership of BRO for credibility sake.
Also, There may be a lot more stipulations with this lease than a normal BRO lease. I don't know, but will make another assumption that's the case.
Just my 2 cents - he doesn't have a conflict of interest here nor is he cheating other BRO members.