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Brookfield s $148M Loan Backed By One Pierrepont Plaza Sent to Special Servicing – Commercial Observer

Brookfield s One Pierrepont Plaza Loan to Special Servicing

Brookfield s One Pierrepont Plaza Loan to Special Servicing
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Brookfield s One Pierrepont Plaza debt goes to special servicing

One Pierrepont Plaza (Google Maps, Getty)Brookfield’s office woes have surfaced in Brooklyn. Brookfield Property Partners, the real estate arm of the Canadian conglomerate, failed to pay off a $148 million loan backed in part by One Pierrepont Plaza in Brooklyn Heights when it came due last month. The securitized debt, which is also secured by a mixed-use building in Pittsburgh, […]

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