Forest City

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Brookfield Asset Management Acquires Forest City Realty Trust

Deal is valued at $11B and includes 18,500 multifamily units. More

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Jonathan Rose Purchases Forest City's Federally Assisted Housing Portfolio

Jonathan Rose Companies to purchase 47 communities in nine states and the District... More

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LaRue Pilots Forest City Through an Aggressive Transformation

Five years in, a pared-down Forest City is right-sized for the future. More

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The Hunt Cos. Redeploy Military Construction Proceeds to become Full Service Multifamily Real Estate Firm

After a decade long run as a preimminent miltary housing builder, the Hunt Cos. reinvest hundreds of millions in profits to become a full service multifamily real esate firm. More

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Market-Rate Firms, REITs Shy Away From Seniors Housing

Cleveland, Ohio-based Forest City announced late last month that the firm was selling off partnership interests in three of the multifamily developer and owner/operator’s supported-living apartment communities. The sale of the communities—a total of 869 units across properties in Teaneck, N.J.; Chevy Chase, Md.; and Yonkers, N.Y.—is further evidence of Forest City’s departure from the active-adult and seniors multifamily housing, a sector that has seen occupancy and revenue fundamentals hit hard by the economy. More

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