Thursday 30 May 2019

Brookfield launches $1B Opportunity Zone fund; eyes Brooklyn, the Bronx

Brookfield Asset Management is seeking to raise $1 billion for an Opportunity Zone fund, and has targeted residential developments in Brooklyn and the Bronx. The Brookfield Opportunity Zone fund is already eyeing six designated zones, according to Bloomberg. The fund plans to invest in residential developments in the Bronx and in Brooklyn, including Greenpoint Landing, a 22-acre site. Brookfield announced its intention to launch an Opportunity Zone fund in April, adding to the list of […]



source https://therealdeal.com/2019/05/30/brookfield-launches-1b-opportunity-zone-fund-eyes-brooklyn-the-bronx/

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