National
Converting empty malls to warehouses isn’t easy
As demand for e-commerce grew and large tenants like Sears closed up shop, some mall owners sought to redevelop...
Brookfield
The Latest
NYC’s 10 most active developers of 2020
Construction timelines were disrupted across the city this year as sites deemed unessential were shut down. Still, work at many projects — including some of the largest ongoing developments — either qualified as essential...
National
J.C. Penney has been saved. Now what?
J.C. Penney has been rescued from bankruptcy, but challenges remain for the beleaguered retailer. The department store chain completed the sale of its retail operations to Simon Property Group and Brookfield Asset Management on...
National
Brookfield delinquent on $190M loan tied to Baltimore mall
Troubles mount for mall owners around the country as an increasing number are skipping loan payments, with the threat...
National
A tale of two markets: Some CMBS players see huge losses, others opportunity
Nobody knows how to sniff out distress like Barry Sternlicht. In the early ‘90s, in the thick of the...
National
Simon and Brookfield finalize terms of J.C. Penney buy
Simon Property Group and Brookfield Asset Management have finalized the terms of their acquisition of J.C. Penney. The companies...
National Weekend Edition
Brookfield’s $2B India office buy would be biggest in country’s history
Brookfield Asset Management is set to close the biggest real estate deal in India’s history. The firm will pay...
National Archive Issue
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...
National
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...
National
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....