For nearly a century, Forest City has
owned, developed and managed
dynamic commercial, residential and mixed-use real estate
in core markets across the United States.
In November 2018, the company announced that its stockholders
approved the acquisition of Forest City by a real estate investment fund of
Brookfield Asset Management, a global leader in alternative asset management.
The transaction closed on December 7, 2018.
Forest City’s property portfolio is now managed by
Brookfield Properties, a global, best-in-class real estate operating company.