# Brookfield Asset Management US real estate transactions > Live situation record from CLSTR: https://clstr.news/situations/brookfield-asset-management-us-real-estate-transactions > Updated: 2026-08-13T05:57:17.000Z. Sources: 3. Developments: 2. Brookfield Asset Management has engaged in several large-scale real estate transactions in the United States involving healthcare, industrial, and multifamily sectors. In July 2026, the firm announced a $2.1 billion joint venture with Healthpeak Properties involving 86 outpatient medical buildings, where Brookfield holds a 49% stake. Simultaneously, Brookfield and the Canada Pension Plan Investment Board agreed to a $5.2 billion all-cash acquisition of LXP Industrial Trust, targeting warehouse and distribution facilities in the Sunbelt and Midwest. By August 2026, Brookfield expanded its involvement in the multifamily sector through a $693.9 million joint venture with Varia US Properties AG. This agreement involves 13 properties across nine states, with Brookfield holding stakes ranging from 40% to 90% in two separate vehicles designed to facilitate future acquisitions and portfolio repositioning. ## Timeline ### 2026-08-13: Varia US and Brookfield form USD 693.9 million multifamily joint venture Varia US Properties AG and Brookfield Asset Management have formed a USD 693.9 million joint venture involving 13 U.S. multifamily properties to fund future high-quality acquisitions. 3 sources. https://clstr.news/cluster/varia-us-and-brookfield-form-usd-6939-million-multifamily-joint-venture ### 2026-07-20: Brookfield Asset Management launches $2.1 B health‑care JV and $5.2 B industrial REIT acquisition in the United States Brookfield formed a $2.1 B health‑care joint venture with Healthpeak and agreed to buy LXP Industrial Trust for $5.2 B, adding millions of square feet of U.S. medical and warehouse properties. 9 sources. https://clstr.news/cluster/brookfield-and-cpp-investments-to-acquire-lxp-industrial-trust-in-52-b-deal --- Cite as: Brookfield Asset Management US real estate transactions. CLSTR, https://clstr.news/situations/brookfield-asset-management-us-real-estate-transactions