Capital & Deals / National
Varia US Properties, managed by SWI Group's Stoneweg, moves 13 of 17 US multifamily assets into a $694M JV with Brookfield.
08.16.26 · 2 min read
Every story on The American Developer that names Brookfield Asset Management, 4 and counting.
Varia US Properties, managed by SWI Group's Stoneweg, moves 13 of 17 US multifamily assets into a $694M JV with Brookfield.
Brookfield raised a record $77B in Q2 2026 and topped $1 trillion in AUM. Its real estate arm deployed $5.2B, more than the $4.3B it raised.
The public market would not pay for 96.6%-leased bulk distribution. Two of the largest pools of private capital would.
A REIT that could not sell at its stock price sold half the asset instead, and kept the operating platform.