No. of Recommendations: 2
although a brookfield bull, i did my first ever trim of ~30% near the past peak.
it is worthwhile to keep in mind their sporadic fallibility.
although small on a relative scale, their LA venture is among the most disastrous in recent american CRE history.
i bring this up because no interviewer ever asks, nor does brookfield volunteer.
ironically, it was just after the scale of this failure was obvious in ~2022, when the sentiment around brookfield went vertical.
therealdeal.com - Downtown la tower finds buyer after brookfieldpersonally, i had a small chunk in dtla, and it was the final straw regarding never to invest in a brookfield sub\spin where flatt and marks did not have their biggest direct stake.
