Kushners, Brookfield Near Deal on Troubled 666 Fifth Ave., Sources Say

  • Qatar Investment Authority is largest owner of Brookfield unit
  • Brookfield would provide bulk of funds for update of tower

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Kushner Cos. is nearing a deal with a unit of Brookfield Asset Management Inc. to salvage its investment in an over-leveraged office tower, according to two people familiar with the talks.

The Qatar Investment Authority, which invests on behalf of Qatar’s government, is the largest outside investor in the unit, Brookfield Property Partners LP, according to data compiled by Bloomberg and company filings.