Brookfield Properties lays off executives as it continues evolution from CRE giant to asset manager

Brookfield Place in Lower Manhattan.

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• Brookfield Properties has cut several executives in its office division as the company restructures.
• The firm has evolved from a property-focused firm into a Wall Street fund manager like Blackstone.
• The new structure will break down regional management in favor of national business leaders.

Brookfield Properties, which operates one of the country's largest commercial real estate portfolios...