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Brookfield Exits 3333 Broadway in $324M Deal

Brookfield Properties has exited its position in the multifamily building at 3333 Broadway, after marketing the property for sale in the summer, Commercial Observer has learned.  Urban American, Brookfield’s partner in the West Harlem investment, has now teamed with Alicia Glen’s M Squared and a consortium of lenders to fully acquire the 1,193-unit property for $323.5 million, sources said. Eastdil Secured’s Daniel Parker, Gary Phillips and Will…
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Commercial Observer broke the news in on Monday, January 6, 2025.
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