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Brookfield Office Properties Inc T.BPO.PR.A

Alternate Symbol(s):  BRPPF | T.BPO.PR.C | BOPPF | T.BPO.PR.N | BKAAF | T.BPO.PR.P | BRKFF | T.BPO.PR.R | BROAF | T.BPO.PR.T | T.BPS.PR.U | T.BPO.PR.W | BRPYF | T.BPO.PR.Y | T.BPO.PR.X | T.BPO.PR.E | BKEEF | T.BPO.PR.G | BROPF | BKOFF | T.BPO.PR.I

Brookfield Office Properties Inc. is a global office property company. The Company owns, manages, and develops premier assets in the resilient markets. The Company's signature properties define the skylines of dynamic cities around the globe, including New York, Washington, D.C., Houston, Los Angeles, Toronto, Calgary, London, Berlin, Sydney and Perth. From Brookfield Places in New York City, Toronto and Perth to Bankers Hall in Calgary and Bank of America Plaza in Los Angeles, its distinguished portfolio attracts financial, energy, government and professional service organizations which have high credit ratings and maintain long-term leases.


TSX:BPO.PR.A - Post by User

Post by CrazyTraderon Jul 26, 2024 5:11am
242 Views
Post# 36149318

Non-Recourse VS Selling Building For LESS Than Loan

Non-Recourse VS Selling Building For LESS Than LoanDid/has Brookfield sold buildings for LESS than the outstanding loan on them?   If so, WHY?!!!    Why not just hand the keys back if non-recourse?    

Brookfield’s defaulted L.A. office tower is selling at major discount | Financial Post


I'm starting to think "Non-Recourse" is moot and there's more risk here than I believe.

Anyone know WHY???
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