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Home Finance Brookfield Walks Away From $600MM, 785-Unit Beaudry Tower in Downtown LA Rather Than Refinance $360MM Loan
FinanceIndustry NewsLos AngelesResidential

Brookfield Walks Away From $600MM, 785-Unit Beaudry Tower in Downtown LA Rather Than Refinance $360MM Loan

November 3, 20263 Mins read14
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Brookfield is surrendering the 64-story Beaudry, one of the tallest apartment towers in California, less than four years after it opened, leaving Apollo-owned lender Bridge Investment Group to market the roughly $360 million loan rather than putting fresh capital into a refinancing.

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