Brookfield Residential Properties Inc. («Brookfield Residential», «we» or the «Company») today announced that it has
upsized and priced a private placement offering of $ 600 million aggregate principal amount of senior unsecured notes
due 2020.
The
upsize deal, which will provide the borrower with an «additional cash - out advance,» is
due to close later this month, according to one person privy to the negotiations.