Brookfield finds buyer for distressed FIGat7th mall it owed $62M on

Brookfield has successfully sold one of its downtown Los Angeles commercial properties as the firm executes a wider disposition of its assets in the area.  JH Real Estate Partners acquired the FIGat7th retail center at 735 South Figueroa Street for between roughly $65 million and $70 million, Bisnow reported, citing a source with knowledge of the deal.  Brookfield listed the property late last year which was expected to fetch roughly $70 million, The Real Deal reported at the time. When Brookfield first listed it, the property was 85.8 percent occupied with anchor tenants including Target, Sephora and Zara.  JH Real […]

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