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Brookfield Properties
News

Brookfield Hands 1.3M SF Georgia Mall Back To Lender

... last-generation enclosed mall. But great fundamental real estate.” Brookfield acquired the mall when it purchased mall owner General ... properties to lenders and special servicers. In September, Brookfield turned over its $90M CMBS loan on a mall ...

Jan 12, 2021
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Brookfield's Talks With OliverMcMillan Do Not Include The Shops Buckhead Atlanta
News

Brookfield's Talks With OliverMcMillan Do Not Include The Shops Buckhead Atlanta

... be included in any sale to Brookfield Residential — a subsidiary of Brookfield Asset Management — which develops master-planned ... year over year. The Business Chronicle reports that Brookfield may see an opportunity in OliverMcMillan's development portfolio ...

Feb 06, 2018
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SPECIAL REPORT: Diversity In CRE Is Rising, But The Industry's Troubles Threaten Progress
News

SPECIAL REPORT: Diversity In CRE Is Rising, But The Industry's Troubles Threaten Progress

... staffed those positions with a diverse cohort of professionals.  Brookfield Asset Management added eight executive positions in 2023 and increased ... adding three people of color to its C-suite. Brookfield also added seven women to the executive level.  Most ...

Nov 29, 2023
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Bridge Logistics Properties
News

Bridge Hires Transwestern Leader To Chase East Coast Industrial Acquisitions

... Cornforth, a 25-year industry veteran, previously headed up Brookfield's global logistics platform and served as CEO of industrial ... Canadian private equity giant. Under his tenure, Cornforth grew Brookfield's logistics platform to a 100M SF portfolio. BLP ...

Feb 16, 2022
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Brookfield Properties
News

North Point Mall Going On A 'Retail Diet' With Redevelopment

... of the 1.3M SF mall earlier this year after Brookfield Property Partners handed over the keys to the lender instead ... then tapped Trademark Property Co. to redevelop the mall. Before Brookfield gave up the mall, it had plans to tear down ...

Nov 08, 2021
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Simon’s Atlanta-Area Mall Gets No Bids At Foreclosure Auction, Winds Up With Lender
News

Simon’s Atlanta-Area Mall Gets No Bids At Foreclosure Auction, Winds Up With Lender

... to head back to its lender this year. In January, Brookfield Property Partners transferred the deed to the 1.3M SF ... Insurance Co. Known as a deed-in-lieu-of-foreclosure, Brookfield's loan was valued at a little over $200M at ...

Feb 03, 2021
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Brookfield CBRE Global Investors
News

CBRE Buys Stake In Cumberland Mall

... Atlanta. CBRE Global Investors purchased an ownership stake — shared with Brookfield — in Cumberland Mall in Cobb County, Ridgedale Center in ... of the mall — has added momentum to the area. Brookfield completed its acquisition of GGP on Tuesday for more than ...

Aug 28, 2018
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Starwood
News

Starwood Defaults On $213M Atlanta Office Loan

... , Bloomberg reported.  The world's two largest real estate owners, Brookfield and Blackstone, have walked away from office buildings in Los ...

Jul 18, 2023
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Atlanta's Warehouses Have Become 'The Belle Of The Ball' For Wall Street Giants
News

Atlanta's Warehouses Have Become 'The Belle Of The Ball' For Wall Street Giants

... Gateway in McDonough for $103M from PKN Group.  More recently, Brookfield purchased 550 Rock Hill Drive, a 180K SF distribution center ...

Jan 10, 2022
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ICER Properties
News

NYC Investor Migrating To Atlanta Apartments To Avoid ‘Crazy Regulations’

... month for $150M. The properties include Ashford Apartment Homes and Brookfield Apartment Homes in Conyers, Hampton Downs in Morrow, Harvard Place ...

Oct 25, 2021
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