BGRE, formerly known as Brookfield Properties, operates as a North American subsidiary of Brookfield Corporation (NYSE/TSX: BN) and serves as the real estate operating platform for one of the world's largest alternative asset managers. Founded in 1923 and headquartered in New York, the company manages a global portfolio across office, retail, multifamily, logistics, and hospitality sectors. The portfolio includes over 1,100 managed properties encompassing more than 400 million square feet of commercial space, 41,000 multifamily units, 148 million square feet of office, 480 logistics warehouses, and 132 million square feet of retail. The company operates through an integrated ownership and development model, with corporate offices in nine countries including the United States, Canada, United Kingdom, China, India, Germany, Brazil, Australia, and the United Arab Emirates. In 2022, Brookfield privatized its former publicly traded subsidiary Brookfield Property Partners, consolidating operations under the parent Brookfield Corporation to provide greater operational flexibility through market cycles. The acquisition of GGP (General Growth Properties) in 2018 for $9 billion expanded the company's retail footprint by 162 shopping malls and approximately 146 million square feet of gross leasable area, though Brookfield reverted to the GGP brand for its American retail business in 2026. The portfolio shows concentration in gateway markets including New York, Washington DC, Los Angeles, and Toronto, while also maintaining exposure to high-growth Sunbelt markets including Phoenix, Houston, and Atlanta. Seattle represents the single largest market by area in the portfolio. The company pursues strategies ranging from core and core-plus assets to value-add and opportunistic investments, managing over $550 billion in fee-bearing capital across multiple fund vehicles.