Brookfield Asset Managementheadquarters
NEW YORK and CLEVELAND–Brookfield Asset Management closed onits $11.4 billion acquisition of Forest City RealtyTrust.
The portfolio, which is in many respects complimentary withBrookfield's existing real estate operating business, includes 6.3million square feet of office space, 2.3 million square feet oflife sciences assets, 2.2 million square feet of retail and 18,500multifamily units. The REIT's portfolio features five large-scaledevelopment projects in the New York Metro area, San Francisco andWashington, DC.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
