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News

Chicago Industrial Construction Starts At 5-Year Low, Deliveries Also Slow

... quarterly delivery total in Chicago’s industrial market since 2022.  Brookfield made the two largest industrial purchases of the quarter in ...

Apr 12, 2024
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 PREIT’s Exton Square Mall Might Go Up For Sale As New Ownership Weighs Its Future
News

PREIT’s Exton Square Mall Might Go Up For Sale As New Ownership Weighs Its Future

... now led by both New York-based groups and former Brookfield Properties' exec Jared Chupaila replacing Joseph Coradino as CEO.  Under ...

Apr 08, 2024
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From Vacant Shops To Thriving Districts: How The Village Of Brookfield Is Spurring Development
News

From Vacant Shops To Thriving Districts: How The Village Of Brookfield Is Spurring Development

... village trustee, former village president and liaison to the Brookfield Economic Development Commission. “What that led to was ... local government, are committed as well,” Ketchmark said.  Brookfield has four tax increment financing districts through which it ...

Apr 04, 2024
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The Bisnow Weekender: Uncle Sam Has A Problem CRE Could Solve
News

The Bisnow Weekender: Uncle Sam Has A Problem CRE Could Solve

... of their influential family business, Forest City Realty Trust, to Brookfield for $11.4B, brothers Kevin and Jon Ratner, along with ...

Apr 04, 2024
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Brookfield Buying 70 Acres In Irvine For Single-Family Homes
News

Brookfield Buying 70 Acres In Irvine For Single-Family Homes

... be for sale or built to rent. A representative for Brookfield did not immediately respond to a request for comment from ...

Apr 03, 2024
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BREIT's Annual Dividend Payouts Exceed Cash Flow For First Time
News

BREIT's Annual Dividend Payouts Exceed Cash Flow For First Time

... 's smaller competitors, nontraded REITs managed by Starwood Capital and Brookfield, also reported dividends that surpassed cash flows last year, the ...

Apr 03, 2024
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PREIT Emerges From Bankruptcy Once More, Will Go Private With New CEO
News

PREIT Emerges From Bankruptcy Once More, Will Go Private With New CEO

... Coradino as CEO. Chupaila, who was most recently CEO of Brookfield Properties' retail real estate vertical, will also serve as a ...

Apr 02, 2024
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A New Generation Of The Ratner Family Is Ready To Build Its Own CRE Legacy
News

A New Generation Of The Ratner Family Is Ready To Build Its Own CRE Legacy

... Atlantic Center and Atlantic Terminal malls. Forest City sold to Brookfield in late 2018 after a tumultuous few months. Activist investors ...

Apr 01, 2024
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The 8.6-acre Hechinger Mall property sits on the eastern edge of the H Street corridor.
News

Ashkenazy Plans 2.4M SF Redevelopment Of D.C. Shopping Center

... the property.  Most recently, a joint venture of Ashkenazy and Brookfield defaulted on a $50M loan tied to luxury retail building ...

Apr 01, 2024
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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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