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RE Rumor Mill: Brookfield, Revlon, LICH

By Kaitlin Ugolik (March 5, 2014, 7:21 PM EST) -- An affiliate of Brookfield Office Properties Inc. is reportedly poised to win a bid for a large stake of a $1 billion refinancing package for an apartment portfolio in Upper Manhattan and on Roosevelt Island. The 26-building portfolio is owned by Urban American and the City Investment Fund, and The Real Deal reports that they are up against a tight deadline to recapitalize the 3,962 units before $800 million in loans from Fannie Mae mature this spring....

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