City Storage Sues Brookfield Over Watery Basement in DTLA

City Storage Sues Brookfield Over Watery Basement in DTLA

The owner of a basement business beneath a landmark building of converted lofts in Downtown Los Angeles has accused Brookfield Properties of causing water damage. It seeks $5 million. The affiliate of... Read more »
Brookfield to Buy 70 Acres in Irvine For Housing Project

Brookfield to Buy 70 Acres in Irvine For Housing Project

Brookfield is poised to buy 70 acres of land from the City of Irvine for $654 million, with plans to build more than 1,200 homes in what could be the last single-family... Read more »
Brookfield Selling Defaulted DTLA Office Tower at Steep Discount

Brookfield Selling Defaulted DTLA Office Tower at Steep Discount

South Korean investment manager Consus Asset Management has agreed to pay $145 million, or $145 per square foot, for the one-million-square-foot office tower at 777 S. Figueroa St. in Downtown Los Angeles, reported Bloomberg... Read more »
Brookfield to Sell 777 Tower in DTLA for 5M

Brookfield to Sell 777 Tower in DTLA for $145M

Brookfield Properties is selling 777 South Figueroa Tower, formerly one of its trophy office towers in Downtown Los Angeles, for about half of the outstanding debt on the property.  South Korea-based investment... Read more »