Brookfield Asset Management is expected to close on its $6.8 billion purchase of Forest City Realty Trust by the end of this week, making the company the largest commercial property owner in New York City. Ric Clark, senior managing partner of Brookfield Asset Management and chairman of Brookfield Property Group, said the deal will make the company the top commercial landlord in the city, with 26.1 million square feet under management. Clark touted the deal...
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