Real Estate Giant Brookfield Reportedly Defaults On Second Major Office Portfolio This Year—Here’s Why It Matters

Real Estate Giant Brookfield Reportedly Defaults On Second Major Office Portfolio This Year—Here’s Why It Matters

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Brookfield Corp., one of the largest public real estate companies in the world, has defaulted on $161.4 million worth of office building mortgages, according to a report from Bloomberg, as high office vacancy and interest rate hikes have contributed