Brookfield buys 19-acre NJ industrial site
A Brookfield Asset Management-backed fund has acquired a 19-acre industrial development site from Stalwart Ridgefield, LLC. Located in Northern New Jersey’s Route 46 corridor, one...
Tag : brookfield asset management
Brookfield offloads 530 Fifth retail at a discount
Brookfield Property Partners is selling its retail condo at 530 Fifth Avenue for $190 million just four years after its was valued at $334 million....
Richard Ravitch sells last share of Waterside Plaza to Brookfield
Developer Richard Ravitch has sold his remaining stake in the 1,400-unit Waterside Plaza apartment community he built on the East River to Brookfield Asset Management....
Brookfield to build distribution center on $45M former LI Superfund Site
Brookfield Asset Management has paid $45 million for a former Superfund Site in Hicksville, Long Island, with plans to turn it into warehouse distribution Center....
Industrial real estate fund picks up NJ FedEx facility
Boston-based NorthBridge Partners has picked up a last mile distribution center in Branchburg, NJ. JLL Capital Markets announced that it brokered the sale of the...
Brookfield takes real estate private in $6.5B deal
Brookfield Property Partners (BPY) is taking its real estate private in a $6.5 billion deal with majority owner, Brookfield Asset Management (Brookfield). The company announced...
SL Green selling Tower 46 condos for $275M
SL Green Realty Corp. has entered into a contract to sell its 25 percent interest in the commercial condominium units located at 55 West 46th Street,...
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....
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...