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Tuesday, 12 June 2018

Brookfield Pays $125.4Mln for Manhattan Apartment Property

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The Real Deal

Brookfield Property Partners has paid $125.4 million, or $798,726/unit, for an apartment property at 15 Cliff St. in lower Manhattan. The company, an affiliate of Toronto investment manager Brookfield Asset Management, acquired the 157-unit property from Carmel Partners, a San Francisco investment...

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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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Additional Info

  • Syndicate to Realpoint: No
  • Cities: New York City
  • States: New York
  • Sector: Multifamily
  • Subject: Northeast Regional Digest (NEDIG), Property Acquisitions (ACQ)
  • Company: Brookfield Properties
  • Valuation: Between $100 million and $150 million
  • Private: Yes
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Dan Moynihan

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