Brookfield Asset Management has made an offer to purchase the remaining interest in Rouse Properties it does not already own. Shares of Rouse have been trending lower over the past year and currently have a dividend yield of just over… Continue Reading
Brookfield abandons plan to buy Atlantic City’s Revel Casino Brookfield bails on Revel deal, Straub says interest still high
Atlantic City bust: How a storied gambling destination lost its lustre
An affiliate of Brookfield has won control of the Revel casino/hotel in Atlantic City with a $110 million bid. The property is unprofitable, but maybe with the recent closures in Atlantic City and a scaled down offering, Brookfield’s operators can turn… Continue Reading
