Brookfield


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(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?
Jared Chupaila, CEO of Brookfield Properties’ retail group, with Florence Mall and Fashion Square (Brookfield, TripAdvisor, iStock)

Brookfield and Namdar plan to hand over keys to struggling malls

Some mall owners have given up trying to revive their struggling malls and pay off their debt payments and...

Brookfield and Namdar plan to hand over keys to struggling malls
From left: J.C. Penney CEO Jill Soltau, Authentic Brands Group CEO Jamie Salter, Simon Property Group CEO David Simon, and Brookfield Property Partners CEO Brian Kingston (Getty)

Authentic Brands in talks to join J.C. Penney takeover

Authentic Brands, one of the most active bidders on bankrupt retail, is joining a deal to take over J.C....

Authentic Brands in talks to join J.C. Penney takeover
Brookfield's Brian Kingston (iStock)

Brookfield looks to shed self-storage portfolio for $1.3B

Brookfield Asset Management is looking to shed a self-storage portfolio that spans 23 states. The Canadian asset manager —...

Brookfield looks to shed self-storage portfolio for $1.3B
The special servicing rate has increased each month since the coronavirus pandemic hit the United States, and clocked a 55 basis point increase to 10.04 percent in August (iStock)

CMBS delinquencies fell, but hold the applause

The delinquency rate for CMBS loans has fallen for two consecutive months. Save the party supplies for later, though,...

CMBS delinquencies fell, but hold the applause
Brookfield’s Brian Kingson and Tysons Galleria (Google Maps, iStock)

Brookfield behind on D.C. area mall debt, does not expect default

Brookfield Property Partners will reportedly miss its deadline to pay off $282 million in outstanding debt on Virginia’s Tysons...

Brookfield behind on D.C. area mall debt, does not expect default
J.C. Penney filed for bankruptcy May 15 and has since been in talks with large mall and retail operators (Getty; iStock)

J.C. Penney’s lenders could take it over, liquidate assets

J.C. Penney’s lenders are preparing to take control of the struggling retailer after discussions with its bidders have hit...

J.C. Penney’s lenders could take it over, liquidate assets
Brookfield’s Bruce Flatt and Blackstone’s Jonathan Gray

Blackstone and Brookfield are going mall shopping in India

Blackstone Group and Brookfield are shopping for retail opportunities overseas. The two real estate giants are among investors competing...

Blackstone and Brookfield are going mall shopping in India
Crown Building at Fifth Avenue and 57th Street and Jeff Sutton of Wharton Properties (Building via Google Maps)

Jeff Sutton quietly sold most of Crown Building stake to Brookfield

High street retail in New York has been decimated this year as luxury stores remain largely empty. But one...

Jeff Sutton quietly sold most of Crown Building stake to Brookfield
Brookfield's Ric Clark (Getty)

Brookfield, creditors reach deal on REIT’s $6.4B credit facility

Brookfield Asset Management has renegotiated a $6.4 billion credit facility for its retail-heavy real estate investment trust, Brookfield Property...

Brookfield, creditors reach deal on REIT’s $6.4B credit facility

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