Brookfield Has Sold $1.4B Of Its NYC Real Estate Holdings
Brookfield expects to make $1.8B by selling a stake in a Manhattan office and multifamily portfolio.
Brookfield expects to make $1.8B by selling a stake in a Manhattan office and multifamily portfolio.
Brookfield Property Partners bought four properties in the West Village, and plans to revitalize the ailing shopping strip.
Kushner Cos.' troubled, $1.8B investment saga could soon come to a close with Brookfield's cash infusion.
The deal is expected to be completed next month.
The Cleveland-based REIT had previously rejected acquisition overtures.
Brookfield Property Partners' generated $228M cash last quarter.
In rapid succession, Brookfield sells 6 former GGP malls to 2 separate buyers.
With its takeover of mall-owning REIT GGP complete, Brookfield Property Partners is gearing up to overhaul many of the mall properties it acquired in the deal.
For Brookfield, nowhere beats London right now
Brookfield Asset Management might buy Forest City after all.
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