Brookfield Asset Management

Brookfield to Buy Forest City in $11.4B Deal

Scheduled to close during the fourth quarter, the deal would expand Brookfield’s holdings in multiple property types and cap Forest City’s lengthy makeover strategy.

Leaders Shed Light on Industrial Sector’s Prospects

At NAIOP’s annual I.CON conference, top executives provided insights into the trends shaping a dynamic asset category and offered glimpses of their investment strategies.

666 Fifth Ave. in New York

Vornado to Exit Troubled Kushner Building in NYC

Kushner Cos. will buy out Vornado Realty Trust’s nearly one-half interest in the 666 Fifth Ave. office condominium, as a sale of a similar stake to another mega-investor reportedly is pending.

175 W. Jackson in Chicago

Brookfield Fund Snags Chicago Office Tower for $305M

JLL Capital Markets represented the seller, an ultra-high-net-worth European family advised by Extell Development. Situated in the Central Loop, the 22-story 175 W. Jackson high-rise dates back to 1912.

1440 Broadway

Liquidation of New York REIT Accelerates

In a $520 million deal, the company sold 1440 Broadway, a LEED Gold-certified office building in Manhattan, to CIM Group. The transaction is accompanied by plans to sell three more buildings, soon after the announcement of yet another disposition, as the company winds down.

Brookfield Multiplex to Build Biomedical Learning and Teaching Building in Victoria

Brookfield Multiplex to Build Melbourne Biomedical Facility

The company is developing the project for Monash University at its Clayton campus in Victoria. Plans call for 123,000 square feet of learning space across four levels.

L.A. Industrial Property Sold by TA Realty in Large Portfolio Deal

Brookfield Snaps Up $855M Portfolio

The company has expanded in 12 states with the acquisition of a mix of high-quality industrial and office properties totaling 8.6 million square feet.

Bruce Wiles

Former ARC Hospitality Closes First Phase of $400M Investment

Rebranded Hospitality Investors Trust, the company has also completed a transition to self-management, having terminated its previous agreement with American Realty Capital Hospitality Advisors.

Bulfinch Crossing, Office High-Rise

CPE’s Top 5 January Articles

Miss out on any CPE stories in January? Here are five of our most popular articles for the month.

Bruce Wiles

Big Changes to Accompany $400M Infusion in ARC Hospitality

Once the deal with Brookfield closes in March, the group will operate as Hospitality Investors Trust Inc.