Brookfield Asset Management

  • Latch Raises $70M Series B Fund

    Brookfield Ventures will be leading the fund and installing the brand's smart access system throughout properties within its current pipeline, creating the world's largest smart access ecosystem within a single portfolio.

    National 23 August 2018 16:44
  • Economy Watch: American Tower Tops U.S. Companies on Forbes’ List

    The developer of wireless and broadcast communications real estate ranks as the largest U.S. public real estate company on Forbes' Global 2000.

    National 11 June 2018 16:52
  • Alberta Plans 187 M-F Units, Retail in Downtown Tempe

    Greenwood Village, Colorado - based Alberta Development Partners has acquired a 1.86-acre land parcel on the northwest corner of University Drive and Ash Avenue within the Mill Avenue District of Downtown Tempe, where it plans to develop a mixed-use project.

    Phoenix 04 March 2014 16:10
  • Lionstone Group Grabs Landmark Office Tower in Houston’s CBD

    The Lionstone Group completed the acquisition of 712 Main Street in Houston’s CBD, in a deal that marks the first time the landmark property has been offered for sale on an individual basis since its construction in 1929.

    Houston 22 October 2013 03:26
  • Brookfield Acquires Apartment Communities in the Triangle for $108M

    Brookfield Asset Management Inc. has purchased five multi-family properties in the Triangle region, as part of its $414 million deal to acquire a total of 19 apartment communities in North Carolina, South Carolina and Virginia. Babcock & Brown Residential, the seller of the 4,892-unit portfolio was advised by Robert W. Baird & Co. According to the Triangle Business Journal, the assets located in the Triangle accounted for a combined $108 million, or $76,900 per unit. The newspaper reports that the 462-unit Oak Hollow property in Cary sold for $32.6 million, while the 144-unit Bridges at Chapel Hill in Carrboro sold for $11.6 million. The region’s other three communities that were included in the sale are located in Durham: the 346-unit Bridges at Wind River (pictured), which sold for $32.6 million, the 264-unit Woods Edge, which sold for $18.7 million, and the 192-unit Bridges at South Point, which sold for $12.76 million.

    Raleigh Durham 21 February 2013 22:31
  • Brookfield Acquires 19-Property Portfolio

    Brookfield completes a $414 million portfolio buy; MG Properties Group acquires a 736-unit asset in Ontario, Calif.; and NorthMarq Capital arranges $20.2 million in combined acquisition mortgages from a bank.

    National 11 February 2013 20:12
  • Brookfield and Fairfield Close $323M Fund

    Brookfield Asset Management and Fairfield Residential close a $323 million value add fund; Beech Street provides a $21.7 million acquisition loan; and Berkadia arranges interim and permanent financing for properties in Brooklyn, N.Y.

    National 25 September 2012 19:23

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