Brookfield Residential Accelerates Rebuilding for 52 Homes in Altadena by 2026
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: 46 minutes ago
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Source: Newsfilter
- Rebuilding Collaboration: Brookfield Residential partners with seven Altadena families to rebuild 52 homes through the Builders Alliance, with completion expected in fall 2026, significantly accelerating community recovery efforts.
- Digital Platform: The newly launched Builders Alliance digital portal offers over 40 home designs, enabling homeowners to select suitable options based on lot and budget, thereby reducing rebuilding costs and timelines.
- Community Restoration: Groundbreaking for the rebuilding efforts is set for February 2026, with Brookfield Residential leveraging its scale to ensure affordable price per square foot, fostering connection and restoration within the La Viña community.
- Transparent Communication: Throughout the rebuilding process, Brookfield Residential maintains transparency and actively addresses community members' needs and feedback, enhancing trust and engagement among homeowners.
BN.N$0.0000%Past 6 months

No Data
Analyst Views on BN
Wall Street analysts forecast BN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BN is 51.98 USD with a low forecast of 39.84 USD and a high forecast of 59.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast BN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BN is 51.98 USD with a low forecast of 39.84 USD and a high forecast of 59.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 46.720

Current: 46.720

TD Securities
Cherilyn Radbourne
maintain
$57 -> $59
Reason
TD Securities
Cherilyn Radbourne
TD Securities analyst Cherilyn Radbourne raised the firm's price target on Brookfield Corp. to $59 from $57 and keeps a Buy rating on the shares. The firm attributes the post-earnings selloff following the Q3 beat to the down day in the market. The firm believes Brookfield is extending its lead in artificial intelligence infrastructure renewables.
NULL -> Outperformer
maintain
$52
Reason
NULL -> Outperformer
Reason
CIBC raised the firm's price target on Brookfield Corp. to $52 from $50.67 and keeps an Outperformer rating on the shares. The company reported inline Q3 results and continues to deliver as expected, the analyst tells investors in a research note.
Goldman Sachs initiated coverage of Brookfield Corp. with a Buy rating and $78 price target, which offers 20% upside. The firm says the company combines the "scale and stability" of a diversified balance sheet of assets with the expertise from its 73%-ownership in Brookfield Asset Management. Brookfield Corp. is a capital compounder undergoing a "significant step-up" in excess capital generation, resulting in faster book value growth, the analyst tells investors in a research note.
NULL -> Overweight
maintain
$70 -> $73
Reason
JPMorgan raised the firm's price target on Brookfield Corp. to $73 from $70 and keeps an Overweight rating on the shares post the Q2 report. The firm assigns the shares a higher multiple, saying it is looking past lighter individual quarter contributions from certain businesses to focus more on the company's long-term growth.
About BN
Brookfield Corporation is a Canada-based global investment firm focused on building long-term wealth for institutions and individuals around the world. The Company has three core businesses: Alternative Asset Management, Wealth Solutions, and its Operating Businesses, which are in renewable power, infrastructure, business and industrial services, and real estate. Its Asset Management business includes managing long-term private funds, perpetual strategies and liquid strategies on behalf of its investors and itself. The Company's Wealth Solutions business includes its equity accounted interest in Brookfield Wealth Solutions Ltd. Its renewable power and transition business includes the ownership, operation and development of hydroelectric, wind, utility-scale solar power generating assets, distributed energy, and sustainable solutions. The Company’s infrastructure business includes the ownership, operation and development of utilities, transport, midstream, and data assets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.