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Partners Value Split Corp. Announces 2023 Annual Results
Posted on Thursday March 28, 2024
TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- Partners Value Split Corp. (the “Company”, TSX: PVS.PR.F, PVS.PR.G, PVS.PR.H, PVS.PR.I, PVS.PR.J, PVS.PR.K) announced today that the net asset value per unit was $124.10 at December 31, 2023 (December 31, 2022 – $95.95). All amounts are in U.S. dollars. Income available for distribution for the year ended December 31, 2023 was $73 million, compared to $1.0 billion in the prior year. The decrease in income was primarily attributable to the absence of th
Partners Value Investments Inc. Announces 2023 Annual Results
Posted on Thursday March 28, 2024
TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- Partners Value Investments Inc. (the “Company”, TSX: PVF.WT, PVF.PR.V) announced today its financial results for the year ended December 31, 2023. All amounts are stated in U.S. dollars. The Company recorded a net loss of $333 million for the year ended December 31, 2023, compared to net income of $1.9 billion in the prior year. The decrease in income was primarily attributable to the absence of a one-time special distribution received from Brookfield
Los Angeles office skyscraper faces foreclosure sale
Posted on Thursday March 28, 2024
The foreclosure comes as the value of office buildings has plunged amid higher vacancies. Elevated interest rates have also weighed on prices and made it difficult for building owners to refinance debt.
Los Angeles Office Tower Dumped by Brookfield Faces Foreclosure Sale
Posted on Wednesday March 27, 2024
(Bloomberg) -- An office tower in downtown Los Angeles is facing foreclosure a year after the owner, an affiliate of Brookfield Asset Management Ltd., walked away from the building.Most Read from BloombergLondon Insurers Face Baltimore Bridge Payouts Worth BillionsBiden Gains Ground Against Trump in Six Key States, Poll ShowsJapan Amps Up Intervention Threat as Yen Hits Lowest Since 1990Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleUsing Your Premium Credit Car