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