Brookfield Properties Multifamily LLC

Brookfield Properties Multifamily LLC is a prominent real estate company specializing in the development, management, and operation of multifamily residential communities across the United States.

As a subsidiary of Brookfield Properties, it leverages the expertise and resources of its parent company to deliver high-quality living spaces that cater to a diverse range of residents.

Comprehensive Multifamily Portfolio

With a portfolio exceeding 41,000 managed units across more than 62 cities, Brookfield Properties Multifamily LLC offers a wide array of living options, from urban high-rises to suburban townhomes.

Their properties are designed to meet the needs of various lifestyles, providing residents with comfortable and convenient living environments.

Strategic Acquisitions and Developments

The company has demonstrated a strategic approach to expanding its portfolio through significant acquisitions and developments.

In November 2024, Brookfield Properties acquired an $845 million multifamily portfolio from Blackstone Real Estate Income Trust, adding eight properties totaling over 4,000 units in markets such as Las Vegas, Phoenix, Columbus, Ohio, Charlotte, and Chapel Hill, North Carolina.

Notable Properties

• The Beaudry: Located in downtown Los Angeles, this 64-story residential tower became the tallest residential building in California upon completion in 2023.
• It features 785 apartment units and offers panoramic city views and luxury amenities.
• Lilia Waikiki: Completed in 2022, this 28-story residential tower in Honolulu, Hawaii, was the first new rental project in Waikīkī in nearly two decades.
• It offers over 400 residential units and 40,000 square feet of community-serving retail space.
• 434 Minna: Situated in San Francisco, California, it is part of the 5M development and comprises 302 apartments, including 91 affordable rentals.
• The project emphasizes sustainable living and community integration.

Commitment to Sustainability

Brookfield Properties Multifamily LLC is dedicated to sustainable development practices. The company integrates environmentally conscious designs and operations into its properties.

Its goal is to reduce waste, conserve energy, and manage resources efficiently, ensuring residents enjoy comfortable living spaces while contributing to environmental preservation.

Presence in Key U.S. Markets

The company operates in several major U.S. cities, including:

• Las Vegas, NV, USA: Home to multiple properties such as The Gardens and Monaco Park.
• Charlotte, NC, USA: Features properties like Beacon Hill, a 349-unit community acquired for $43 million.
• New York City, NY, USA: Offers a range of residences including those at Bankside in the Bronx.
• San Francisco, CA, USA: Includes developments such as 434 Minna and the 5M project.

Additional locations include Philadelphia, PA, USA.

Summary

Through its expansive portfolio and strategic initiatives, Brookfield Properties Multifamily LLC continues to play a significant role in shaping the multifamily housing landscape across the United States.

It provides residents with quality living spaces that meet their diverse needs and reflect a commitment to sustainable, community-focused development.