Brookfield Properties, Ballast Investments Paid $615MM for Loans Associated with Veritas Residential Portfolio

By Kate Snyder The acquisition of nearly $1 billion in loans by Brookfield Properties and Ballas Investments has closed. Last year, Brookfield and Ballast made moves to acquire distressed loans linked to apartment buildings owned by Veritas, potentially making Brookfield one of the largest residential property owners in the city. According to a report from […]