Brookfield buys 2 from LivCor for $139M, in North Carolina, paid $43M ($123k/unit) for 349-unit Beacon Hill in Charlotte

4/8/2025

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MHN

• Subcategory: MF: Market Rate

• Tag: Sale

• Additional Filters-Subcategory: MF: Garden

• Additional Filters-Tags: Sale: Investment, Sale: Portfolio

• Company: Brookfield Asset Management, "LivCor, a Blackstone Company"

Brookfield Properties has acquired Beacon Hill, a 349-unit community in Charlotte, N.C., for $43 million, according to Yardi Matrix information. The firm also purchased Arches at Hidden Creek, a 432-unit property in Chandler, Ariz., for $95.5 million, public records show. LivCor sold both assets.