Brookfield Residential Property Services Acquires GMAC Home Services LLC

Tuesday, September 23rd 2008

Brookfield Residential Property Services, a division of Brookfield Asset Management Inc., announced today that it has entered into an agreement to purchase GMAC Home Services LLC, a recognized leader in global relocation, real estate franchising and brokerage and home financing services, from GMAC Residential Holding Company LLC and Residential Capital LLC. The transaction is expected to close in the fourth quarter 2008. “Brookfield is a leading...