Brookfield makes $5.9B offer to take real estate arm private
Brookfield Asset Management (Brookfield) has made a proposal to buy the 40 percent of Brookfield Property Partners (BPY) it doesn’t already own for $5.9 million.
Tag : brookfield asset management
Oaktree throws beleaguered Ashford Hospitality a $350M lifeline
Hotel REIT Ashford Hospitality Trust has been thrown a $350 million lifeline by Brookfield-owned Oaktree Capital. The company announced that is has secured a $200
Blackstone buying Brookfield self storage firm for $1.2B
Blackstone Real Estate Income Trust (BREIT) announced it will acquire Simply Self Storage from a Brookfield Asset Management real estate fund for $1.2 billion. Simply
Brookfield announces $2.2B in financing deals
Brookfield Property Partners (BPY) has completed $2.2 billion financings in two transactions. The company announced it has borrowed $1.8 billion of total debt to refinance
Tenant advocates take aim at corporate landlords
The national #CancelRent movement today unveiled a #MakeThemPay report and national day of action planned for May 22 targeting corporate landlords. The group is demanding
Coronavirus sickens real estate players, cancels events
The Port Authority executive in charge of overseeing airport coronavirus screening has tested positive for the virus. Rick Cotton, Port Authority of New York and
Brookfield buys Forest City for $11.4B
Brookfield Asset Management purchased Forest City Realty Trust in an all-cash deal valued at $11.4 billion on Tuesday morning. Brookfield paid $25.35 a piece for
Macy’s partners with Brookfield Asset Management to redevelop 50 stores
Retailer Macy’s has formed a partnership with Brookfield Asset Management as it looks to boost the value of its real estate portfolio. Macy’s, which has
Brookfield completes $2.8B acquisition of mall REIT Rouse Properties
A Brookfield Asset Management unit has completed its acquisition of New York-based mall REIT Rouse Properties. The deal, which provides Rouse with a valuation of
Capital markets rush to office to rental conversion
Brookfield Asset Management and Capital One Bank have anted up $240 million in construction financing for the office to rental conversion of 180 Water Street.