{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Promote Podcast","title":"House of Brookfield, Wholesale Shopping and a Condo Buyout Coup","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/a364f99c\"></iframe>","width":"100%","height":180,"duration":2258,"description":"This week, we discuss the House of Brookfield’s new overlord: Connor Teskey has a modest target – double AUM to $2 trillion. We talk about the labyrinth that is Brookfield’s corporate structure – Bruce Flatt's not going away – and what CRE’s role in the ramp-up will be. We then look at the flurry of REIT take-privates, from Peakstone to Plymouth. And finally, we slip into resort casual and discuss a princely condo buyout payoff in West Palm Beach – the goat Steve Ross makes an appearance.   We also do a \"Punch List\" rundown of the newsiest industry happenings: Michael Shvo's bitter breakup with German pension fund BVK; Blackstone & DivcoWest's SF triumph; and tranche warfare in the mall space. Sponsors:1) This episode is supported by LoanBoss, the industry-leading debt management software. Featuring one-click covenant testing, instant cash flow forecasting, and our favorite nerdy delight: Live forward curves! Check them out at loanboss.com2) This episode is supported by Bravo Capital, a leading HUD and bridge lender. See how their precision underwriting means quicker approvals and higher proceeds for sponsors by visiting bravocapital.comTo advertise: Reach out to partnerships@thepromote.comFor feedback: Write us at podcast@thepromote.com And please rate us and write a review on Apple.Up your CRE game:  Consider becoming a premium subscriber to The Promote Insider to unlock access to expert CRE breakdowns, behind-the-deal stories, scoops, discounted swag and events and more. Take 10% off annual subscriptions by using this link: https://www.thepromote.com/upgrade?offer_id=b700858f-21e0-47a2-9695-a93055d3ed15Further reading/listening:Shvo Becomes Wurst InvestmentTop-Rated Bonds Hit Hard After Distressed Fund Seizes One of America’s Largest MallsAnthropic to take over an entire office building in downtown S.F. Brookfield revamps unusual ownership structureBook recc: The Reichmanns: Family, Faith, Fortune, and the Empire of Olympia & YorkBrookfield Lines Up a...","thumbnail_url":"https://img.transistorcdn.com/JuKdNXn9uLqBpYbamW_AA0hvWq1MzR4ZUvvRefOry1A/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zZDg5/MzYzZTQzNzc1NWI3/OGM4ODU5YzdkODU4/NDIwMy5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}