Kushner Companies is nearing a deal to lease 666 Fifth Avenue to Brookfield Asset Management for 99 years. Brookfield had reportedly been in talks to buy a 49.5 percent stake in the troubled office tower and invest $700 million in equity to turn it around. But now, Kushner Companies is on the verge of striking a deal to sell a leasehold position in the property to Brookfield, the Wall Street Journal reported. Financial terms of […]
source https://therealdeal.com/2018/08/03/brookfield-to-take-control-of-666-fifth-in-99-year-lease-deal/
No comments:
Post a Comment