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The company also sold its stake in the Brooklyn Nets and the Barclays Center to Mikhail Prokhorov, [10] sold its military housing division to Hunt Companies for $208.8 million, [11] sold Terminal Tower to K&D Group for $38.5 million, [12] and sold 7.7 acres and 8 buildings in Cleveland to an investor group for $3.5 million. [13]
Born to a Jewish family [1] [2] in Cleveland, Stark is a graduate of Hawken School (1969), the University of Rochester (B.A. 1975), and Case Western Reserve University School of Law (J.D. 1978). [3] He is a member of the Ohio Bar. [4] He started developing real estate in 1974.
In 2005, Brookfield Properties acquired a 25% interest in O&Y Properties Corporation and O&Y Real Estate Investment Trust, expanding the company's real estate portfolio in four Canadian cities. [13] In 2006, the company acquired Trizec Properties, which was founded in 1960 by William Zeckendorf, builder of Place Ville Marie. [14]
The group was founded in Las Vegas in 2005 by Kuba Jewgieniew, who was a former stockbroker. In 2007, the company expanded into Arizona. [3] By August 2010, it had also expanded into California, and had 2,200 agents. [4] In August 2011 the brokerage acquired John Hall & Associates, a Phoenix, Arizona-based real estate brokerage. [3]
Cleveland is a city in White County, Georgia, located 90 miles (140 km) northeast of Atlanta and 128 miles (206 km) southeast of Chattanooga, Tennessee. Its population was 3,514 at the 2020 census. [ 4 ]
These include funds in the Brookfield Strategic Real Estate Partners (BSREP) series. [2] The partnership owns a 31% interest in BSREP I, a 26% interest in BSREP II, an 8% interest in BSREP III, and a 23% interest in BSREP IV. [2] The company also committed $300 million to the Brookfield Fairfield U.S. Multifamily Value Add Fund. [2]
In 1978, Hague founded his first real estate firm, Heritage House Real Estate. Within a year of its founding, the firm was one of the largest brokerages in Cincinnati with 11 offices, 220 agents and more than 600 property listings. The firm went out of business in 1980 due to the market’s high interest rates and declining real estate sales. [9]
Benjamin Winter (1881–1944), Polish-born NYC-based real estate investor and founder of Benjamin Winter, Inc. [184] [185] [186] Steve Witkoff (1957–), real estate investor, founder of the Witkoff Group, Special Envoy to the Middle East for U.S. President Donald Trump; Lewis Wolff (1935–), developer and former owner of MLB's Oakland ...