Brookfield Asset Management Ltd. is nearing a deal to buy 3,800 single-family rentals for about $950 million through an acquisition of startup Divvy Homes, according to a person familiar with the matter.

A Brookfield Asset Management Ltd. property fund for wealthy individuals recorded its second consecutive annual loss, but ended the year on a stronger note.Brookfield Real Estate Income Trust Inc. lost 0.

Mark Carney, the chair of Brookfield Asset Management’s board of governors, is leaving the firm to chase a role as the head of Canada’s government.

Brookfield Asset Management Ltd. Cl A closed C$4.21 short of its 52-week high of C$84.17, which the company achieved on December 11th.

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Former central banker Mark Carney stepped down as chairman of Brookfield Asset Management after joining the campaign to lead the Liberal Party of Canada.

Brookfield Asset Management (NYSE:BAM – Get Free Report) (TSE:BAM.A) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday.

Brookfield Asset Management Ltd. Cl A closed C$4.89 short of its 52-week high of C$84.17, which the company reached on December 11th.

Brookfield Asset Management (BAM) announced the appointment of Bruce Flatt as Chair of the Board of Directors, in addition to his role as Chief

In announcing his candidacy, Carney said he had resigned from all of his commercial roles — including his position on the global advisory board of Pacific Investment Management Co.

Brookfield Properties has sold a portfolio of industrial outdoor storage properties around the country to Realterm for over $277 million.

Diversify Wealth Management LLC lowered its holdings in Brookfield Co. (NYSE:BN – Free Report) by 11.8% in the fourth quarter, Holdings Channel reports. The firm owned 6,215 shares of the company’s stock after selling 833 shares during the quarter.