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Special Servicing Rate Sees Biggest Jump Since August 2020
News

Special Servicing Rate Sees Biggest Jump Since August 2020

... at 555 West Fifth St., Bisnow previously reported. Subsidiaries of Brookfield DTLA Fund Office Trust Investor defaulted on $465M worth ... .3M SF office and parking garage as collateral, adding Brookfield chose not to exercise its option to extend the maturity ...

Apr 07, 2023
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Underwater flood climate change climate crisis
News

SPECIAL REPORT: Regulation Is The Only Thing Pushing Real Estate To Tackle Its Enormous Carbon Footprint

... those from construction activities, known as Scope 3 emissions. “Brookfield Real Estate is reviewing and enhancing the process by which ... in places like New York City, that companies like Brookfield and JPMorgan Chase are leaving the grid and supplying their ...

Apr 05, 2023
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Prominent Lobbying Group Seeks Government Help Avoiding CRE Debt Maturity Crisis
News

Prominent Lobbying Group Seeks Government Help Avoiding CRE Debt Maturity Crisis

... Insurance Corp. Real Estate Roundtable's board includes executives from  Brookfield, Blackstone, Related Cos., Tishman Speyer and Starwood Capital Group.

Mar 21, 2023
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Approximately 1.4B SF of office space currently available won't be desirable enough to be filled by the end of the decade, per a new report from Cushman & Wakefield.
News

1.4B SF Of U.S. Office Will Be Obsolete By 2030, Cushman & Wakefield Predicts

... . There are also increasing instances of sophisticated office owners like Brookfield, Blackstone and Related Cos. handing the keys of underperforming properties ...

Feb 23, 2023
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The DuMont building, at 515 Madison Ave., where landlord GFP Real Estate has reportedly defaulted on a $103M loan maturing late last year.
News

‘Everything Is Frozen’: CMBS Bond Volume Falls By 85%

... loans on two Downtown Los Angeles office buildings owned by Brookfield also went into default. “It’s very hard to bring ...

Feb 20, 2023
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$175B Of Real Estate Debt Is Already In Distress
News

$175B Of Real Estate Debt Is Already In Distress

... everyone from Legoland Korea’s developers missing debt payments to Brookfield warning that it may face obstacles refinancing two downtown Los ...

Jan 20, 2023
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Cash
News

Big Investors See Huge Opportunity In Distressed Real Estate

... borrowers, and CMBS valuations have tumbled. As a result, Brookfield Asset Management’s Oaktree Capital Management, the world’s largest ... accelerating deployment of capital from its distressed debt fund.  Brookfield is not the only firm getting in on the act ...

Apr 07, 2020
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The Middle East's Largest Sovereign Wealth Fund To Push Harder Into U.S. Real Estate
News

The Middle East's Largest Sovereign Wealth Fund To Push Harder Into U.S. Real Estate

... team and operating more like private equity giants Blackstone and Brookfield.

Oct 27, 2022
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The New York Stock Exchange
News

How CRE Stocks Performed During The Worst Market Drop Since 1987's Black Monday

... Among the biggest commercial real estate losers were property giants Brookfield and Blackstone, which each fell more than 15%.  Simon ... Group fell 17.7% to $83.49/share.   Brookfield Property Partners dropped 16% to $12/share.  MGM Resorts International ...

Mar 12, 2020
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Tech job cuts
News

Meta Bails Again: Silicon Valley Office Back On The Market After Meta Pulls Out

... Geier. The property is now owned by an affiliate of Brookfield Property Partners, which paid $630M for it last year.  Though ...

Oct 12, 2022
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