Brookfield walks away from $600m Los Angeles residential tower
Wednesday, November 4, 2026 · first reported by IREI
Brookfield is giving up Beaudry, a luxury residential tower in downtown Los Angeles valued at $600 million, according to The Wall Street Journal as relayed by IREI. The building has 785 units and stands 695 feet tall. It opened less than four years ago and is about 95 percent occupied. Rents have come in below what Brookfield expected, and tenants have been drawn in with concessions such as periods of free rent.
- Firm
- Brookfield
- Deal value
- $600M
- Asset class
- Real estate
- Geography
- North America
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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