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News

This Week's D.C. Deal Sheet

... intensity interval training studio, is coming to The Yards, Brookfield announced this week. The gym, which provides group ... 120M loan that Starwood issued in 2021 to prior owner Brookfield and its partner AustralianSuper.  *** A transit union purchased ...

May 31, 2024
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Diplomat Beach Resort Locks In $575M Refinancing
News

Diplomat Beach Resort Locks In $575M Refinancing

... Suisse paid $835M last February to acquire the property from Brookfield Asset Management in a deal that saw the resort rebranded ...

May 31, 2024
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Starwood Wins Auction For Brookfield's Former K Street Building For $44M
News

Starwood Wins Auction For Brookfield's Former K Street Building For $44M

... 's Laurie Furshman, told Bisnow her client had no comment. Brookfield declined to comment.  There were just a handful of attendees ... “unimaginable amount of equity” its borrowers lost on the property. Brookfield hasn't had its own equity in the building since ...

May 30, 2024
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Cafaro shopping centre
News

Malls Have Come Back From The Pandemic And The Retail Apocalypse That Never Happened

... centers are up 20% year-over-year. Simon Property and Brookfield have invested in physical retail chains, most recently department store ...

May 23, 2024
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Houston Commercial Property Owners Start Mitigating Up To $7B In Derecho Damage
News

Houston Commercial Property Owners Start Mitigating Up To $7B In Derecho Damage

... Downtown buildings that sustained a “notable amount” of window damage, Brookfield Properties previously told Bisnow. Other damaged buildings included Wells Fargo ...

May 21, 2024
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Severe Storm Ravages Houston, Leaving Extensive Commercial Damage
News

Severe Storm Ravages Houston, Leaving Extensive Commercial Damage

... “notable amount” of window damage, Brookfield Properties told Bisnow in a statement. Brookfield’s Heritage Plaza, Houston Center and ... Allen Center incurred minimal damage and were operating normally, Brookfield said. “We will update our tenants with any ...

May 17, 2024
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Industrial units
News

This Week's London Deal Sheet

... Group on 100 Bishopsgate, one of Brookfield Properties’ premier assets globally,” Brookfield Head of Leasing Martin Wallace said ... diversity of solutions at 100 Bishopsgate, and underlines Brookfield’s position as a landlord constantly fielding innovative ...

May 16, 2024
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Sternlicht's $10B SREIT Facing Liquidity Crunch As Redemptions Pile Up
News

Sternlicht's $10B SREIT Facing Liquidity Crunch As Redemptions Pile Up

... -property, 7,300-unit apartment portfolio across six states to Brookfield, Green Street News reported. Starwood Capital CEO Barry Sternlicht, who ...

May 16, 2024
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Tower 77 in Greenpoint, where developer Clipper Equity scored a $430M financing deal this week.
News

This Week’s N.Y. Deal Sheet

... spa.  *** Ares Management has agreed to loan $340M to Brookfield Properties to refinance two of its residential developments in the ... loan from JPMorgan Chase, according to city property records. Brookfield owns the majority of the 49-year-old building in ...

May 14, 2024
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San Francisco cityscape
News

RBC In Line To Take Over 1,200 San Francisco Apartments From Ballast, Goldman Sachs

... a bigger issue nationally,” Putro said. Ballast partnered with Brookfield Properties in January to purchase $915M in distressed loans tied ... in the Bay Area owned by Veritas. Ballast and Brookfield are the largest multifamily landlord in San Francisco as a ...

May 14, 2024
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