The Latest

(Illustration by Maciej Frolow)

Does Brookfield’s balance sheet fully reveal the health of its real estate?

Standing in front of a mostly virtual audience in a fitted dark suit with slicked-back salt-and-pepper hair, Brian Kingston...

Does Brookfield’s balance sheet fully reveal the health of its real estate?
Brookfield’s Ric Clark and Simon Property Group’s David Simon (Getty)

J.C. Penney saved by Simon and Brookfield

J.C. Penney is saved. The retailer will be acquired by mall operators Simon Property Group and Brookfield Property Partners, avoiding liquidation. Simon and Brookfield will pay about $300 million in cash and assume $500...

J.C. Penney saved by Simon and Brookfield
A photo illustration of Brookfield's Brian Kingston (Brookfield, iStock)

After $1.5B loss, Brookfield Property Partners buys back $426M of stock

Burdened with debt and non-paying tenants, one of the biggest mall operators in the country just poured $426 million...

After $1.5B loss, Brookfield Property Partners buys back $426M of stock
Brookfield’s Ric Clark and Simon Property Group’s David Simon (Getty)

Simon, Brookfield in talks to buy bankrupt J.C. Penney

Simon Property Group and Brookfield Property Partners are reportedly in advanced talks about buying J.C. Penney’s retail business. J.C....

Simon, Brookfield in talks to buy bankrupt J.C. Penney
Brookfield Property’s retail tenants paid 34% of rent in Q2

Brookfield Property’s retail tenants paid 34% of rent in Q2

Brookfield Property Partners collected just 34 percent of rent across its retail portfolio in the second quarter, helping drive...

Brookfield Property’s retail tenants paid 34% of rent in Q2
Brookfield Property Partners CEO Brian Kingston and Burlington Mayor Miro Weinberger (Brookfield; Weinberger by Vermont National Guard)

Brookfield’s nixed mall redevelopment may signal strategy shift

A tough economic environment has led Brookfield Property Partners to cancel plans to redevelop a mall in Burlington, Vermont,...

Brookfield’s nixed mall redevelopment may signal strategy shift
Brookfield’s Brian Kingston and 14100 Northwest 60th Avenue (Google Maps)

Brookfield snags Miami Lakes warehouse for $22M

Brookfield Property Partners snagged a warehouse in Miami Lakes for $22.2 million, as institutional investors continue to target industrial...

Brookfield snags Miami Lakes warehouse for $22M
Authentic Brands CEO Jamie Salter and an Ann Taylor store (Getty)

Authentic Brands, Sycamore eye buy of Ann Taylor parent company

Authentic Brands wants to make another big investment in the retail apocalypse. The company, along with frequent partners Simon...

Authentic Brands, Sycamore eye buy of Ann Taylor parent company
Gap Inc. CEO Sonia Syngal and Brookfield Property Partners CEO Brian Kingston

Gap claims it doesn’t have to pay rent at any of Brookfield’s malls

Gap Inc. is firing back at landlord Brookfield Property Partners, a month after the latter sued the retailer for...

Gap claims it doesn’t have to pay rent at any of Brookfield’s malls
Authentic Brands Group CEO Jamie Salter with Brooks Brothers, J.C. Penney, and Aeropostale stores (Getty)

Mall owners team up with “dead-celebrity dealmaker” but can they rescue moribund retailers?

Deep into a marathon set of high-pressure meetings to save bankrupt retailer Aeropostale from being chopped up and sold for parts, Jamie Salter thought...

Mall owners team up with “dead-celebrity dealmaker” but can they rescue moribund retailers?
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