Brookfield, Healthpeak Form $2.1B Medical Office Joint Venture
Brookfield Asset Management purchased a 49% stake in a $2.1B medical office portfolio.
Brookfield contributed more than $1B to form the joint venture with Healthpeak Properties, a Denver-based healthcare REIT. Healthpeak is contributing an 86-property, 95% leased portfolio to the JV, in which it will retain a 51% controlling interest.