Brookfield
LA County Makes $215MM Power Play for Downtown LA’s Iconic 1.4MM SQFT Gas Company Tower
In a move that could reshape the landscape of downtown Los Angeles, the county is making an offer to acquire the Gas Company...
LA County Considering ~$200MM Acquisition of Gas Company Tower in Downtown Los Angeles
The Gas Company Tower, a once-glittering trophy asset in the heart of Downtown Los Angeles, is now the center of a possible acquisition...
Starwood Capital, Artisan Ventures Default on $84MM Loan Tied to 257,000 SQFT Office Building in El Segundo
By The Registry Staff Real estate firms Starwood Capital and Artisan Ventures find themselves on the brink of losing a 257,000 square foot...
Brookfield Announces 19% Bump in Dividend, Underscored by Lower Profits and Ambitious Fundraising Goals in 2024
In a bold stride forward, Brookfield Asset Management Ltd. (BAM) has announced a significant uptick in its dividend by 19 percent, reflecting a...
Los Angeles City Revives 300,000 SQFT Gas Company Tower Lease Deal
By The Registry Staff The City of Los Angeles has resurrected plans to lease a substantial portion of the Gas Company Tower, bringing...
Brookfield’s 41-Story EY Plaza in Los Angeles Drops in Value by More than 50%
By The Registry Staff The 41-story EY Plaza office building in Downtown Los Angeles has joined the ranks of struggling assets in the...
Brookfield Places 52-Story 777 Tower in Los Angeles up for Sale Following $318MM Loan Default
By The Registry Staff In a move reflective of challenging financial circumstances, Brookfield DTLA, an affiliate of Toronto-based real estate giant Brookfield, is...
Brookfield Raises Record $6B for Global Infrastructure Debt Investments
Brookfield Asset Management (“Brookfield”) announced today the closing of its global infrastructure debt program, Brookfield Infrastructure Debt Fund III (“BID III” or the...
Blackstone in Talks With Lenders After Write-Down of 1.4MM SQFT Office Asset in Los Angeles
By The Registry Staff The future of a 1.4 million square foot commercial property owned by global asset management firm Blackstone is unclear...
City’s Terms for Potential 300,000 SQFT Lease at Los Angeles’ Gas Company Tower Rejected
By The Registry Staff The Gas Company Tower in Downtown Los Angeles continues to face challenges, struggling to secure tenants. In another setback...
Terra Property Trust Defaults on $28.3MM Loan Tied to 100,000 SQFT Office Building in Santa Monica
By The Registry Staff The commercial real estate industry has seen a growing trend in companies defaulting on office buildings. One firm to...
Brookfield’s Gas Company Tower Appraised at $270MM, 57% Lower Than 2021
By The Registry Staff Currently in receivership, Brookfield's Gas Company Tower - a 52-story building situated in the heart of Downtown Los Angeles...
