Brookfield Residential Properties Inc (BRP) shares closed 22% in the green today, after Brookfield Asset Management Inc. (USA) (BAM) proposed an acquisition of 30% of the company's shares: 36.8 million shares at $23 apiece.
Brookfield Residential Properties logo Brookfield Residential Properties (NYSE:BRP) was downgraded by research analysts at Citigroup Inc. from a �buy� rating to a �neutral� rating in a report released on Tuesday, TheFlyOnTheWall.com reports. Brookfield ...
Brookfield Residential Properties Inc (NYSE:BRP) is a land developer and homebuilder.The Company entitles and develops land and builds homes for its own communities, as well as sells lots to third-party builders.
Brookfield Asset Management Inc. has hiked its offer to other shareholders of Brookfield Residential Properties Inc. by 5.4 per cent as it seeks to acquire full ownership of the North American land developer and homebuilder.