Forest City Enterprises
Forest City Enterprises, founded in 1920 in Cleveland, developed and managed commercial and residential real estate across Office, Retail, Multifamily, Logistics, and Hospitality verticals. Acquired by Brookfield Asset Management in 2018, the entity now operates as Brookfield Properties, a diversified global real estate platform.
- Company typePrivate
- Founded1920
- HeadquartersCleveland, United States
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What Forest City Enterprises does
Forest City Enterprises was a U.S.-headquartered real estate development and management company founded in 1920 in Cleveland, originally listed on the NYSE under ticker FCE.A. The company developed and managed commercial and residential real estate across five core verticals: Office, Retail, Multifamily, Logistics, and Hospitality. Following its acquisition by Brookfield Asset Management in 2018, the entity was delisted and integrated into Brookfield Properties, the real estate subsidiary of one of the world's largest alternative asset managers.
Under Brookfield Properties, the platform spans global markets with 5,001-10,000 employees, operating a diversified portfolio of properties ranging from urban city centers to suburban retreats. The business model is direct property leasing and development across the five verticals, serving Business Tenants, Retail Tenants, Multifamily Residents, Logistics Operators, and Hospitality Clients, with pricing negotiated individually based on property type, location, size, and lease duration.
The competitive positioning is anchored by the Brookfield ecosystem, which provides cross-market intelligence and capital, and by a stated Net Zero sustainability commitment across the full portfolio. Distribution is primarily direct-to-tenant through the corporate digital platform and direct leasing relationships; the offering is structured around five core product lines rather than a unified technology product. There is no evidence of proprietary technology, AI/ML capabilities, or third-party integrations in the source data.
Forest City Enterprises firmographics
Firmographics- Name
- Forest City Enterprises
- Legal name
- Brookfield Properties
- Website
- https://forestcity.net
- Company type
- Private
- Founded year
- 1920
- Operating status
- Acquired
- Headcount range
- 5,001–10,000 employees
- Short description
- Forest City Enterprises, founded in 1920 in Cleveland, developed and managed commercial and residential real estate across Office, Retail, Multifamily, Logistics, and Hospitality verticals. Acquired by Brookfield Asset Management in 2018, the entity now operates as Brookfield Properties, a diversified global real estate platform.
- Ownership category
- akta.pro rank
Forest City Enterprises industry classification
Industry- Product category
- Commercial Real Estate Development & Management
- NAICS
- Timber Tract Operations (11311), Support Activities for Forestry (1153), Real Estate Property Managers (53131)
- SIC
- Operators Of Nonresidential Buildings (6512), Operators Of Apartment Buildings (6513), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Timberland & Forest Asset Management (IMAMAJAA)
- akta.pro secondary industry
- Timberland Asset Management (Institutional/Private) (AFAMAKAA)
Keywords
Where Forest City Enterprises is headquartered
LocationHeadquarters
- HQ city
- Cleveland
- HQ country
- United States
- HQ region
- North America
Markets served
Forest City Enterprises business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Distribution channels1 record
Marketing channels1 record
Forest City Enterprises product offering
Product offeringCore offering
Forest City Enterprises develops and manages commercial and residential real estate across five integrated verticals: Office, Retail, Multifamily, Logistics, and Hospitality. Following its 2018 acquisition by Brookfield Asset Management, the company operates as part of Brookfield Properties, providing high-quality, sustainable properties ranging from urban city centers to suburban retreats, serving business tenants, retailers, residents, logistics operators, and hospitality brands globally.
Product overview
Brookfield Properties operates as a diversified real estate platform offering five integrated property segments: Office, Retail, Multifamily, Logistics, and Hospitality. The platform provides real estate management and development services across all these sectors, with a commitment to sustainability and Net Zero for the entire portfolio. Properties range from urban city centers to suburban retreats, serving both commercial tenants and residential communities globally.
Differentiator
Problem solved
Functional benefit
Products and services
- Office Real Estate Workplace solutions that cultivate connections, activate communities, and help tenant companies grow through high-quality office spaces. Targeted at commercial businesses seeking office environments.
- Retail Real Estate Retail properties that bring communities together beyond just shopping, creating vibrant destinations for consumers. Targeted at retailers and brands seeking high-traffic shopping destinations.
- Multifamily Residential Residential housing solutions offering both convenience and community for every stage of life, from city centers to suburban retreats. Targeted at individuals and families seeking homes.
- Logistics Real Estate Industrial and logistics properties creating the backbone of supply chains with a focus on efficiency and safety. Targeted at logistics operators and supply chain companies.
- Hospitality Real Estate Hotel destinations and hospitality properties that deliver unforgettable experiences, leveraging deep industry expertise. Targeted at hotel operators and hospitality brands.
Companies that use Forest City Enterprises
Customer profileSegments5 records
Ideal customer profiles5 records
Forest City Enterprises technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Forest City Enterprises partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
Expansion highlights3 records
Forest City Enterprises competitors and assessment
Company assessmentDirect peers
- Host Hotels & Resorts: Largest U.S. lodging REIT, owning luxury and upper-upscale hotel properties. Comparable as a hospitality real estate owner-operator aligned with Brookfield Properties' hospitality vertical focused on destination hotels.
- Related Companies: Large, diversified real estate developer and operator with significant office, residential, retail, and mixed-use holdings. Comparable as a developer-operator with a multi-vertical, mixed-use development strategy and a focus on large-scale urban projects.
- Prologis: Global leader in logistics real estate, owning and operating industrial and distribution facilities worldwide. Directly comparable for Brookfield Properties' logistics vertical, which is positioned as the supply-chain backbone of the platform.
- Vornado Realty Trust: Public REIT concentrated in office and retail assets in New York City and select U.S. markets. Comparable as a vertically integrated operator-developer of high-quality commercial real estate, particularly in the office segment that anchors Brookfield Properties' portfolio.
- Tishman Speyer: Global, privately-held real estate owner, developer, and operator of office, retail, multifamily, and life-science assets. Directly comparable as a diversified, vertically integrated real estate platform competing for institutional capital and large tenant relationships across major markets.
- Simon Property Group: Largest U.S. retail REIT, operating malls, premium outlets, and mixed-use properties. Comparable as a large-scale retail real estate operator pursuing experience-driven destinations — closely aligned with Brookfield Properties' retail vertical.
- Boston Properties (BXP): Public REIT that develops, owns, and manages Class A office and multifamily properties in major U.S. markets. Directly comparable for office and multifamily operations and a similar premium-tenant strategy.
- AvalonBay Communities: Public multifamily REIT with high-density, Class A apartment communities in coastal U.S. markets. Directly comparable as a dedicated multifamily operator and developer competing for the same renter demographic.
Others
- CBRE Group: World's largest commercial real estate services and investment firm. Comparable as an adjacent real estate services provider rather than direct owner-operator; competes for the same institutional client relationships and represents an ecosystem participant in the same market.
- JLL (Jones Lang LaSalle): Global real estate services and investment management firm. Adjacent peer: provides property management, leasing, capital markets, and valuation services that overlap with portions of Brookfield Properties' operating platform and serves many of the same institutional clients.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Forest City Enterprises social profiles
Digital presenceForest City Enterprises financial estimates
Financial estimateRevenue estimate
Valuation estimate
Forest City Enterprises leadership team
Management profileNumber of profiles
Profiles1 record
Forest City Enterprises funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Forest City Enterprises M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Forest City Enterprises
What does Forest City Enterprises do?
Forest City Enterprises develops and manages commercial and residential real estate across five integrated verticals: Office, Retail, Multifamily, Logistics, and Hospitality. Following its 2018 acquisition by Brookfield Asset Management, the company operates as part of Brookfield Properties, providing high-quality, sustainable properties ranging from urban city centers to suburban retreats, serving business tenants, retailers, residents, logistics operators, and hospitality brands globally.
Is Forest City Enterprises a public or private company?
Forest City Enterprises is a private company. It is classified as corporate owned and is currently acquired.
When was Forest City Enterprises founded?
Forest City Enterprises was founded in 1920. It employs 5,001 to 10,000 people.
Where is Forest City Enterprises based?
Forest City Enterprises is headquartered in Cleveland, United States, in the North America region.
Who are Forest City Enterprises's main competitors?
Direct peers on record are Host Hotels & Resorts, Related Companies, Prologis, Vornado Realty Trust, Tishman Speyer, Simon Property Group, Boston Properties (BXP) and AvalonBay Communities. Others are CBRE Group and JLL (Jones Lang LaSalle).
Does Forest City Enterprises have an API?
No public API is recorded for Forest City Enterprises.
What industry is Forest City Enterprises in?
Forest City Enterprises's product category is Commercial Real Estate Development & Management. Its primary akta.pro industry code is IMAMAJAA, Timberland & Forest Asset Management, with a secondary code of AFAMAKAA, Timberland Asset Management (Institutional/Private). Its NAICS code is 11311 and its SIC code is 6512.