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Contractors Suing Brookfield For $6M For Work At Downtown LA Buildings
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Contractors Suing Brookfield For $6M For Work At Downtown LA Buildings

... some cases, tenants are included in the complaints against Brookfield. Interior construction services company Environmental Contracting Corp. says ... complaint says. Saiful Bouquet is named along with Brookfield as a defendant in the complaint, which was ...

Oct 12, 2023
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New Filing Details Challenging Year Ahead For Brookfield DTLA
News

New Filing Details Challenging Year Ahead For Brookfield DTLA

... maturing before the end of this year. Representatives for Brookfield declined to answer questions from Bisnow including those about ... $500M in mortgage, mezzanine and junior mezzanine loans. Brookfield DTLA has come to an agreement with its junior mezzanine ...

Apr 03, 2023
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S&P Mulls Downgrading Brookfield Property Partners To Junk Status, Citing Debt
News

S&P Mulls Downgrading Brookfield Property Partners To Junk Status, Citing Debt

... assets. More than two years ago, S&P downgraded Brookfield Property Partners to BBB-, one step above junk. This ... obligations on nonrecourse mortgage debt, the Financial Post reported. Brookfield Property Partners' net income in 2022 came in at $ ...

Oct 09, 2023
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Spike In Interest Rates Pushes Brookfield Property Unit To A Loss
News

Spike In Interest Rates Pushes Brookfield Property Unit To A Loss

...  posted a $1.2B loss.  In its results statement, Brookfield attributed the loss to a jump in interest payments, which ... and stakes in the opportunity funds managed by parent company Brookfield Asset Management.  Its office portfolio, including 131 assets in ...

Nov 14, 2023
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1 Central Quay, Dublin
News

One Year On, Was Brookfield's €1.1B Price Right For Hibernia REIT?

... major redevelopments of the Clanwilliam Quarter and Harcourt Square.” Brookfield declined to comment for this article.  Was The Price ... of KPMG’s Dublin-based workforce. “The portfolio Brookfield acquired with the purchase of Hibernia is predominantly campus ...

Jun 14, 2023
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San Francisco skyline
News

REPORT: Brookfield In Talks To Buy $800M Veritas Loan Portfolio With Ballast

...  but was unsuccessful. Acquiring the mortgages would give Brookfield and Ballast control of 75 apartment buildings with more ... citing high construction costs and a troubled office market. Brookfield has also defaulted on office loans connected to properties ...

Sep 25, 2023
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World’s Largest Pension Fund Backs Brookfield And Blackstone With $1B Debut Real Estate Investment
News

World’s Largest Pension Fund Backs Brookfield And Blackstone With $1B Debut Real Estate Investment

... this month, it announced it was putting $500M into Brookfield Strategic Real Estate Partners V, the latest opportunity fund ... in alternatives, which also includes infrastructure and private equity.  Brookfield has an equity target of $15B for its fifth ...

Nov 20, 2023
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Lendlease, Brookfield Cut Staff Amid Development Slowdown
News

Lendlease, Brookfield Cut Staff Amid Development Slowdown

... not replicated in market," the Morning Herald reported. Brookfield Properties also laid off dozens of workers in its ... -time employees in total, CoStar reported. Brookfield Properties is a subsidiary of Brookfield Asset Management, an alternative asset firm ...

Jul 20, 2023
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An entity linked to Ares Industrial Real Estate Income Trust acquired a 198K SF distribution center in Taunton.
News

This Week’s Boston Deal Sheet: Brookfield Sells Suburban Industrial Property For $45M

... records. The building was sold by a fund managed by Brookfield Asset Management.  The facility is 100% leased to Sullivan Tire ... Restivo and David Coffman led the team that worked with Brookfield on the sale. As Massachusetts' industrial market works to ...

Jan 13, 2025
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Center Parcs Reaps £392M Dividend For Brookfield Ahead Of £4B Sale
News

Center Parcs Reaps £392M Dividend For Brookfield Ahead Of £4B Sale

... company in 2015. The £392M dividend eclipses the £283M Brookfield received in 2018 before the coronavirus pandemic upended the hospitality ... , Bank of America Merrill Lynch and Barclays are advising Brookfield on the sale of Center Parcs, and React News ...

Jul 21, 2023
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