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Posted on: May 29, 2018, 9:31 p.m.
Brookfield Property Partners, which has been scooping up retail on the cheap, is now turning to hotels. Brookfield, through one of its private real estate funds, has signed a letter of intent to buy the Hotel Indigo on the Lower East Side from Brack Capital Real Estate for $160 million, sources told The Real Deal. The 294-room hotel, which sits just south of East Houston Street between Ludlow and Orchard streets, was still stabilizing in […] Full investment news articleRelevent to this post: Louisiana Economic Development,