Brookfield Asset Management Inc. said it raised a record $23 billion during the second quarter and expects to accelerate the pace of investments after the disruption caused by Covid-19.
Lenders are suing property owners falling behind on interest payments, reports The New York Times. J.C. Penney landlords are nearing a deal to acquire the department store chain’s retail business, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.