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Brookfield joins other large investors buying multifamily properties with Blackstone deal

Firm pays $845 million for apartment portfolio in Las Vegas, Phoenix, other markets
Vintage Point, an apartment complex in Las Vegas, is one of eight multifamily properties that Brookfield acquired from Blackstone Real Estate Income Trust. (CoStar)
Vintage Point, an apartment complex in Las Vegas, is one of eight multifamily properties that Brookfield acquired from Blackstone Real Estate Income Trust. (CoStar)
CoStar News
November 21, 2024 | 11:01 P.M.

Brookfield Properties purchased a portfolio of multifamily complexes in Las Vegas, Phoenix and other major markets as large investors are making bets that apartment demand will rise in the coming months.

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