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Back to Home » October 2012 News » Brookfield Financial Advises American Recovery Property Trust on Office Portfolio Recapitalization |
Brookfield Financial Advises American Recovery Property Trust on Office Portfolio Recapitalization |
October 31, 2012
NEW YORK, NEW YORK--(Marketwire - Oct. 31, 2012) - Brookfield Financial, the global investment bank, announced today the continuation and expansion of their exclusive advisory agreement with American Recovery Property Trust (ARPT) to include the entire portfolio of over 13 million square feet of high quality office properties currently owned by tenant-in-common ownership groups. The expansion of the engagement comes on the heels of the successful recapitalization of Congress Center, a 524,800-square-foot Class A office property in the West Loop submarket of Chicago, IL, in a joint venture with Northwood Investors that closed last week.
Source URL: http://www.marketwire.com/mw/release.do?id=1720037&sourceType=3
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