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In 1920, Forest City was founded as a family-owned lumber and household hardware business by siblings Charles, Leonard, Max and Fannye Ratner, immigrants from Poland.
In 1987, the company sold its retail lumber business to Handy Andy Home Improvement Center.
In 2011, the company sold a 49% stake in a retail portfolio in New York for $172.3 million.
In 2013, the company acquired a 100% interest in a mall in Pittsburgh.
In 2016, for tax purposes, the company converted into a real estate investment trust.
In June, 2017 Forest City shareholders voted to eliminate the dual share structure that had enabled the founding Ratner family to control the company.
In August, 2017 the company sold 25 acres in Cleveland.
On December 7, 2018, the company was acquired by Brookfield Asset Management.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Simon Property Group | 1993 | $6.0B | 3,300 | 183 |
| Morgan Stanley | 1935 | $3.0B | 68,097 | 1,253 |
| PREIT | 1960 | $432.7M | 233 | 1 |
| Silverstein Properties | 1957 | $33.0M | 501 | - |
| Macerich | 1964 | $918.2M | 670 | 49 |
| Taubman | 1950 | $661.1M | 420 | - |
| Apollo Global Management | 1990 | $3.6B | 1,600 | 48 |
| Equity Residential | 1969 | $3.0B | 2,600 | 144 |
| Prudential Retirement Insurance And Annuity Co | - | $57 | 41,671 | - |
| Nfc | - | $470,000 | 50 | - |
Zippia gives an in-depth look into the details of Forest City Realty Trust, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Forest City Realty Trust. The employee data is based on information from people who have self-reported their past or current employments at Forest City Realty Trust. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Forest City Realty Trust. The data presented on this page does not represent the view of Forest City Realty Trust and its employees or that of Zippia.
Forest City Realty Trust may also be known as or be related to FOREST CITY ENTERPRISES INC, Forest City, Forest City Enterprises Inc and Forest City Realty Trust.