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Brookfield Selling Downtown Los Angeles Retail Center
News

Brookfield Selling Downtown Los Angeles Retail Center

... center instead of a distressed office building. JLL is marketing Brookfield's FIGat7th, according to The Real Deal, which viewed ... have roughly $1B of debt in default between them.  Brookfield is also seeking to offload another retail property in Downtown ...

Dec 17, 2025
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Brookfield And Partner Closing In On $265M Refinance On Victoria Gardens
News

Brookfield And Partner Closing In On $265M Refinance On Victoria Gardens

... figure was also up 15% over pre-pandemic levels. Brookfield and QIC have spent approximately $26M on renovations since 2020 ... another mortgage as well as existing mezzanine financing on it. Brookfield's retail portfolio nationally had a difficult 2023, with ...

Jun 28, 2024
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Brookfield Gets Extension On $250M Loan For 601 S. Figueroa
News

Brookfield Gets Extension On $250M Loan For 601 S. Figueroa

... its Downtown LA towers. At the end of last year, Brookfield and its insurance company lenders, Massachusetts Mutual Life Insurance and ... up approximately 160K SF on a lease through 2028. Brookfield appears to have a different strategy with this property than ...

Apr 30, 2024
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Brookfield Defaults On $784M In Loans For 2 DTLA Office Towers
News

Brookfield Defaults On $784M In Loans For 2 DTLA Office Towers

... its Downtown office towers totaling $784M.  Subsidiaries of Brookfield DTLA Fund Office Trust Investor defaulted on $465M ... is encumbered by "substantial indebtedness."  The Brookfield Downtown office fund, which Brookfield partially owns, owns 7.6M SF in ...

Feb 14, 2023
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Brookfield Properties
News

Brookfield Offering New Office Incentive: Free Apartment Rents

... employees get a free month's rent at a Brookfield apartment nearby. Brookfield, which says it operates more than 375M SF ... proud to offer this exclusive perk to new and renewing Brookfield Properties office tenants. Living, working and socializing locally has ...

Mar 18, 2022
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Brookfield's Gas Company Tower In Downtown LA In Receivership
News

Brookfield's Gas Company Tower In Downtown LA In Receivership

... from any sale would go toward outstanding debts. Subsidiaries of Brookfield DTLA Fund Office Trust Investor defaulted on $465M worth of ... to mature by the end of 2023. Earlier this month, Brookfield DTLA Fund Office Trust Investor filed documents with the SEC ...

Apr 25, 2023
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Brookfield's 601 S. Figueroa Sold To Uncommon Developers For $210M
News

Brookfield's 601 S. Figueroa Sold To Uncommon Developers For $210M

... he was a managing partner at Uncommon, he worked for Brookfield Properties for nearly a decade, according to his LinkedIn profile ... SF on a lease through 2028, Bisnow has previously reported.  Brookfield has been looking to sell the tower for years, first ...

Jun 05, 2025
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Brookfield Scores 3-Year Extension To Pay Figat7th Loan
News

Brookfield Scores 3-Year Extension To Pay Figat7th Loan

... maturity date, the filings said. The lender is MetLife, a Brookfield representative confirmed to Bisnow. Figat7th was nearly 90% leased as ... 777 Figueroa — a property that secures one of the loans Brookfield defaulted on earlier this year — and EY Plaza, an ...

May 12, 2023
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Brookfield Leasing Veteran Joins Leasing Team At 601 S. Figueroa: The Los Angeles Deal Sheet
News

Brookfield Leasing Veteran Joins Leasing Team At 601 S. Figueroa: The Los Angeles Deal Sheet

Former Brookfield leasing leader John Barganski has joined the team working on ... recently worked as senior vice president of office leasing at Brookfield Properties, where he worked across the Los Angeles, San Francisco ...

Jul 20, 2025
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Brookfield's 777 Figueroa Office Tower Selling for $145M
News

Brookfield's 777 Figueroa Office Tower Selling for $145M

...  had pegged the debt at about $319M. A representative for Brookfield declined to comment on details of the sale, sale price ... of properties, including EY Plaza and the Gas Company Tower, Brookfield controlled that defaulted in the last year or so.  The ...

Mar 27, 2024
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