Brookfield Asset Management is expanding its real estate holdings in major U.S. cities, including Dallas and Tampa. The company announced that its real estate distress fund, Brookfield Real Estate Opportunity Fund, had purchased 16 office properties with 2.9 million square feet from JPMorgan Chase for $200 million U.S. The properties were inherited by JPMorgan when they acquired financial services firms like Bear Stearns Co. and the banking operations of Washington Mutual.