Brookfield to Acquire Minority Interest in American Real Estate Partners

American Real Estate Partners (AREP) and Brookfield Asset Management announced that affiliates of Brookfield have agreed to acquire a minority interest in AREP for an undisclosed amount.

The investment brings together AREP’s vertically integrated data center development platform with Brookfield’s global scale, investment capabilities and experience across real estate, energy and infrastructure. The partnership will support AREP as it continues to grow its investment and development platform across its core markets and asset classes.

Closing is anticipated in the last quarter of 2026, subject to customary closing conditions. Rothschild & Co served as exclusive financial advisor to AREP in connection with the transaction.

“Over the past several years, we have built AREP into a differentiated real estate investment and data center development platform, and we are excited to welcome Brookfield as a partner,” said Brian Katz, Co-Founder and President of American Real Estate Partners.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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