Brookfield Residential Properties Inc. is a Canadian real estate developer that has its headquarters in Calgary, Alberta.[4] Total assets were $4.5 billion as of June 2018.[5]
History
Brookfield Residential was founded in 1956.[6] Brookfield Residential Properties Inc. was formed on March 31, 2011, when Brookfield Homes Corporation ("Brookfield Homes") and Brookfield Office Properties (consisting of Carma Developers and Brookfield Homes (Ontario) Limited) merged.[7]
In 2015, Brookfield Asset Management purchased 32.4 million common shares of Brookfield Residential in a privatization effort.[8]