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.
Focus Tops Out 19-Story 1221 W. Washington Mixed-Use Tower in Chicago’s Fulton Market
Construction has reached the structural topping-out milestone for 1221 W. Washington Blvd., a new mixed-use tower rising in Chicago’s Fulton
Steve Griffin
July 8, 2026
