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Brookfield Real Estate Veteran Ric Clark to Form WatermanClark

  • Clark is Brookfield Property Partners’ non-executive chairman
  • Waterman owns or manages buildings including NYC’s Lever House
Ric Clark
Ric ClarkPhotographer: Eugene Gologursky/Getty Images

Ric Clark, a Brookfield veteran of more than three decades, is teaming up with Philip “Tod” Waterman to form a new real estate investment and operating company known as WatermanClark.

“Ric and I have collaborated on real estate investments and civic projects for more than three decades and we are thrilled that timing and circumstances have come together to allow for this partnership to happen,” Waterman, a former Tishman Speyer executive, wrote in a memo to staff reviewed by Bloomberg News.