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/C O R R E C T I O N -- Brookfield Residential/

$BNPress releaseSep 25, 2026, 3:04 PM ETRead the release

Brookfield Residential completed rebuilds for six Altadena families just six months after groundbreaking, all in September 2026, following January 2025's Eaton Fire which destroyed 52 homes in the La Viña neighborhood. The coordinated rebuild approach cut plan-check timelines from four-to-six months to 45-60 days and was completed on or under budget, per CEO Adrian Foley. The company has also contracted six Pacific Palisades rebuilds expected to finish in June or July 2027.

Key figures

Homes completed
6 La Vina homes in 6 months
Homes destroyed in la vina
52
Palisades homes contracted
6, expected complete June-July 2027
Altadena rebuild price range
$610,800 to $706,300
Palisades rebuild price range
$847,700 to $1,271,081

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.