Brookfield Asset Management .(US:BAM) Zhi Tong Cai Jing·2025-09-15 00:17Group 1 - Brookfield Asset Management is in advanced talks with Singapore's GIC to acquire Yes! Communities for over $10 billion, potentially marking the largest real estate acquisition since 2022 [1] - The acquisition of Yes! Communities represents a significant move into the U.S. residential real estate market for Brookfield, reflecting confidence in the U.S. economy amid signs of slowing economic growth [2] - Yes! Communities operates around 300 communities in the Midwest and Southeast, providing a crucial source of affordable housing, especially as high borrowing costs hinder the construction of single-family homes and apartments [2][4] Group 2 - Brookfield has been increasing its activity in the real estate sector, investing over $10 billion in residential real estate since the beginning of 2024, primarily in the U.S. [3] - The company has benefited from rising rents and recently sold a mobile home portfolio for $1.6 billion, indicating a strong position in the real estate market [3] - Yes! Communities was established in 2007 and has grown rapidly since the 2008 financial crisis, previously owned by Berkshire Hathaway's Clayton Homes before being acquired by GIC in 2016 [4]