Brookfield Asset Management completed the acquisition of a U.S. Multifamily Properties Portfolio from Starwood Capital for $1.55b.

Synopsis

Brookfield Asset Management, a global asset manager with real-estate, infrastructure, renewable power, and private-equity operations, completed the acquisition of a U.S. Multifamily Properties Portfolio from Starwood Capital, a private investment firm, for $1.55b.

Principals

target

Starwood Capital Group (u.s. Multifamily Properties Portfolio)

bidder

Brookfield Asset Management

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Market Context