Brookfield Asset Management Ltd. is aiming to raise $15 billion for its fifth flagship real estate fund, $2 billion less than its predecessor, according to Bloomberg News. Commercial property markets are currently facing higher borrowing costs; however, BAM President Connor Teskey told shareholders last month that the firm sees attractive value entry points and investors have expressed “lots of interest” in this potential opportunity. 95% of Brookfield’s office portfolio consists of trophy or Class A office space which has been outperforming the broader market significantly as noted by CEO Bruce Flatt in a letter to shareholders.
The Malin Signs 15-Year Full-Floor Lease at GFP’s 10 Astor Place in NoHo
The Malin, described as a hospitality-driven workspace operator, has committed to a long-term lease at 10 Astor Place in NoHo,
Steve Griffin
June 15, 2026
