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Brookfield Residential Properties Inc.: Update to credit analysis

Our credit view of this issuer reflects its solid gross profit margins and sizeable, low cost land holdings, constrained by high revenue concentration in California.

Moody's announces completion of a periodic review of ratings of Brookf...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Brookfield Residential Properties Inc.. Global Credit Research- 23 Jul 2021. Toronto, July 23, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Brookfield Residential Properties Inc. and other ratings that are associated with the same analytical unit.

Brookfield Residential Properties Inc.: Update to credit analysis foll...

Our credit view of this issuer reflects its solid gross profit margins and sizeable, low cost land holdings, constrained by its high revenue concentration in California.

Moody's assigns B2 rating to Brookfield Residential Properties' new no...

Rating Action: Moody's assigns B2 rating to Brookfield Residential Properties' new notes. Global Credit Research- 11 May 2021. Toronto, May 11, 2021-- Moody's Investors Service, today assigned a B2 rating to Brookfield Residential Properties Inc.' s proposed dual tranche senior unsecured notes totaling $549 million due 2029 with Brookfield Residential US LLC as a coborrower.

Moody's downgrades Brookfield Residential Properties' unsecured notes ...

Rating Action: Moody's downgrades Brookfield Residential Properties' unsecured notes to B2; B1 CFR unchanged. Global Credit Research- 10 May 2021. Toronto, May 10, 2021-- Moody's Investors Service, today downgraded Brookfield Residential Properties Inc.' s senior unsecured notes to B2 from B1.

Brookfield Residential Properties Inc.: Update to credit analysis

Our credit view of Brookfield Residential Properties, discussing solid gross profit margins, large land holdings, geographic diversification and ownership by BAM.

Moody's announces completion of a periodic review of ratings of Brookf...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Brookfield Residential Properties Inc.. Global Credit Research- 29 Sep 2020. Toronto, September 29, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Brookfield Residential Properties Inc. and other ratings that are associated with the same analytical unit.

Brookfield Residential Properties Inc.: Update to credit analysis foll...

Our credit view of Brookfield reflecting solid operating fundamentals, good diversification and solid profitability

Moody's affirms Brookfield Residential's B1 CFR; stable outlook

Rating Action: Moody's affirms Brookfield Residential's B1 CFR; stable outlook. Global Credit Research- 13 Apr 2020. Toronto, April 13, 2020-- Moody's Investors Service, today affirmed Brookfield Residential Properties Inc.' s B1 corporate family rating, B1-PD probability of default rating and B1 senior unsecured ratings.

Brookfield Residential Properties Inc.: Covenant Quality Post-Sale Sna...

Brookfield Residential Properties Inc.'s and Brookfield Residential US Corporation's covenant package offers lower-tier weak protection, as reflected by a CQ score of 4.17.

Moody's assigns B1 rating to Brookfield Residential Properties' new no...

Rating Action: Moody's assigns B1 rating to Brookfield Residential Properties' new notes. Global Credit Research- 11 Feb 2020. Toronto, February 11, 2020-- Moody's Investors Service, today assigned a B1 rating to Brookfield Residential Properties Inc.' s proposed senior unsecured $500 million notes due 2030. BRPI's B1 Corporate Family Rating, B1-PD Probability of Default Rating, B1 senior unsecured ratings and SGL-2 Speculative Grade Liquidity Rating remain unchanged.

Brookfield Residential Properties Inc.: Update to credit analysis

Our credit view of BRPI reflects the risks of the likelihood of additional debt financing to grow the business and dividends to parent offset by its land holdings and geographic diversity.

Moody's affirms Brookfield Residential Properties' B1 CFR, stable outl...

Rating Action: Moody's affirms Brookfield Residential Properties' B1 CFR, stable outlook. Global Credit Research- 11 Dec 2019. New York, December 11, 2019-- Moody's Investors Service affirmed Brookfield Residential Properties Inc. Corporate Family Rating at B1, Probability of Default Rating at B1-PD and senior unsecured notes ratings at B1.

Moody's announces completion of a periodic review of ratings of Brookf...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Brookfield Residential Properties Inc.. Global Credit Research- 31 Oct 2019. New York, October 31, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Brookfield Residential Properties Inc. and other ratings that are associated with the same analytical unit.

Brookfield Residential Properties Inc.: Covenant Quality Post-Sale Sna...

Brookfield Residential Properties Inc.'s and Brookfield Residential US Corporation's covenant package offers lower-tier weak protection, as reflected by a CQ score of 4.08.

Moody's assigns B1 rating to BRPI's proposed $400 million senior unsec...

Rating Action: Moody's assigns B1 rating to BRPI's proposed $400 million senior unsecured notes. Global Credit Research- 10 Sep 2019. New York, September 10, 2019-- Moody's Investors Service assigned a B1 rating to Brookfield Residential Properties Inc.' s proposed $400 million senior unsecured notes due 2027. All other ratings for the company remain unchanged.

Brookfield Residential Properties Inc.: Annual Update

Our credit view of BRP encompasses the event risk posed by the 100% ownership by Brookfield Asset Management and the additional financing required by BRP's entry into the mixed-use property

Brookfield Residential Properties Inc.: Annual Update

100% ownership by Brookfield Asset Management acts as a constraint on upward ratings momentum.

Moody's rates Brookfield Residential Properties' notes B1; stable outl...

Moody's Investors Service assigned a B1 rating to the proposed new $600 million of senior unsecured notes due 2026 to be issued by Brookfield Residential Properties, Inc. ("BRP"). Proceeds will be used to refinance BRP's $600 million of existing senior unsecured notes due in 2020. ...

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