U.S. office market woes deepen as Brookfield's BofA tower in LA loses 69% value - report
A downtown Los Angeles tower linked to Brookfield Asset Management (NYSE:BAM) has seen its appraised value plummet by 69%, ...
Brookfield’s BofA Tower in LA Sees 69% Decline in Appraised Value
The value of a downtown Los Angeles tower owned by an affiliate of Brookfield Asset Management Ltd. was slashed 69%, the latest sign of troubles for offices in US central business districts.