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More Office Trouble for Brookfield, David’s Bridal CMBS Exposure, Life Insurers Lend Support to New Jersey Mall

A Weekly Look at the Commercial Mortgage-Backed Securities Business
One Central Plaza in Rockville, Maryland, north of Washington, D.C., is included in a Brookfield Strategic Real Estate Partners II portfolio now in special servicing. (CoStar)
One Central Plaza in Rockville, Maryland, north of Washington, D.C., is included in a Brookfield Strategic Real Estate Partners II portfolio now in special servicing. (CoStar)
CoStar News
April 20, 2023 | 1:24 P.M.

More Office Trouble for Brookfield: Already dealing with missed loan payments on some affiliate-owned office properties in downtown Los Angeles, a Brookfield Asset Management fund has defaulted on a portfolio of 12 suburban office buildings, nine of which are in the Washington, D.C., market. Two others are in Orlando, Florida, and one is in Alpharetta, Georgia.

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