brookfield properties, the owner of the mall, is proposing to build what san francisco desperately needs. housing. >> the only way we are going tog is by creating more housing at all income ra and a place like this on the side of the city would be a natural place to look to do that. >> reporter: brookfield said there's plenty of space at stonestown for housing. 28 available acres including this parcel where these old movie theaters now stand. and portions of parking lots could be in the mix for new homes but there are no details to report yet brookfield said it doesn't know how many units it should build or what they would look like but there is room for hundreds of homes if not more. the developer said the homes would be a mix of market rate and affordable. for the past few months the developer has been meeting with neighbors to get a read on what they would like to >> were hearing a lot of support for senior housing. housing for families. there's obviously a lot of demand for student housing in this neighborhood. but the form, shape, density of that takes, again, is, we're at the begin

atlanta, detroit, l.a., memphis, miami, new york and oakland with real estate partners including brookfieldwalker and dunlop. students dive in through an online learning platform that teaches them all the basics from understanding cap rates to predicting profit. then they hit the ground in teams, each focusing on one property and formulating a full-on investor pitch, which they then execute to a panel of experts shark tank style. >> every dollar you invest, expect $3. >> diana is here now diana, what do students get if they persuade the investors that the deal is good >> well, they all get money. look, all the students get cash scholarships with the most, $5,000, going to the winning team now in a new partnership, they will also get personal accounts with acorn, a financial wellness app. we are thrilled to have the ceo with us and cedric bobo. noah, tell us what the kids get but also what do they give to you as an acorns company. >> they get to learn about financial literacy, save and invest early, automatically and start to grow money over time and see it grow. that's a powerful catalyst f

. >> it has been great for oaktree and brookfield. howard: and our peers.tarted oaktree we left the firm, we left a firmware we were managing $7 billion and our hope was we would get back to $7 billion. now we are at $120 billion. that gives you idea. when we started oaktree the world -- the word alternative did not exist, and now is extremely affordable. that is an area of access. capital has flowed to the alternative markets. you've heard me describe the people doing it as hand cut volunteers. they are doing something because they think they have to. >> you worry because of the fact we have negative interest rates, we have quantitative easing, that the old rules of the game do not apply any longer, and if they do not, what you do? howard: that is one of the most important questions. i wrote a memo two months ago called "this time it is different," and historically, the words "this time is different" have been used to rationalize bullishness that did not work out in the past and violations of the norms that prevailed in the past, like valuations and that k

we are not involved in any of them but you have hudson, the world trade center, and one brookfield placeeresting that the hippest city in the world opened three malls. the narrative and i'm not blaming bloomberg at all, maybe slightly. carol: wait a minute. >> the narrative is so negative yet when you look at the facts, you can draw a much different conclusion. jason: staying with retail, you had a conversation with the ceo of nordstrom. he has a lot on his plate. carol: it is a big year for them. after 118 years in business, it just opened its first store in new york city. you can find this story in the magazine. >> customers are more empowered than ever before and less willing to compromise any of their experience. in our industry, we talk about omni channel. i talk to customers every day. i never have a customer use the word channel. it is not how they think. they just want great experiences. the reality is, if you are at a definition of channel, the categories we sell are bought in stores. much more accurately is people are on their phones and they are in physical locations and they

big names, berkshire hathaway, prudential, softbank and brookfield property among big names to watch. yes and we mentioned this is a big week for earnings. bus a preview -- give us a preview. tech names, auto also retail. su: yes we really cover the spectrum of big industry groups with very big names that have been in the news. qualcomm, we are interested to see how the chip fab is doing in respect to the trade issues. the bigook at some of names, disney and media, over -- uber in the auto industry and a recent ipo. the stock has gotten a big pop on recent positive news on production. under armour and adidas and the retail space are being watched closely for spending trends. those are likely to send -- those are also likely to set the tone for trading. a look ahead with what to expect this week. joining us now with a look at markets. chart on aat this fresh record high with the s&p 500 friday, largely on they really good jobs report. i'm wondering, given the macro picture globally continues to deteriorate, we had the south korean exports seeing another horrible month for an 11th strai

brookfield properties, the owner of the mall, is proposing to build with san francisco desperately needsmore affordable city is by creating more housing at all income ranges and a place like this on this side of the city would be a natural place to look to do that. >> reporter: oakfield says there is plenty of space for housing about 28 available acres, including this parcel where these old movie theaters now stand and portions of parking lots could be in the mix for new homes. but there are no details to report yet. oakfield says it doesn't know how many units it should builder what they would look like, but there is room for hundreds of homesbea mix of mar and affordable. for the past few months the developer has been meeting with neighbors to get a read on what they like. >> we are hearing a lot of support for senior housing, housing for families. there is a demand for student housing in this neighborhood. with the form -shaped density of that takes, again, is really were at the beginning stages of a learning process. >> reporter: bus downtown ymca likes the idea of housing where.'s m

like to thank you for your use of service, and to thank you for the staff you have put together in brookfield ndc, they have been terrific to work with and we look forward to working with them for the rest of term. rose clancy, fairway and menomonee falls. i'm going to shorten a few of my remarks, a lot has been said and you have made it very clear what your position is regarding the impeachment hearings. i heardhatever reason, a practicing constitutional lawyer say just a few weeks ago give a very different interpretation than you have given. --rather than get the weeds get in the weeds about what's appropriate, the fact is, the hearings are going forward. and watching the testimony the other day of our foreign service ambassador and the people who have given their lives, their years, their dedication, their intelligence, they articulate and i find it difficult to not want to believe there testimony. however all of the facts are not in yet and there's a lot more to come. and i echo what others have said, if they would come forward , and not be stonewalled from doing so, we may hear another s

on, we are talking about hudson yards, brookfield, penn central.bout yesterday, jamie dimon announces a second building. the good news is he's not going to have any competition because there's going to be nobody else around him. but the bottom line is you are talking about enormous new supply of space, and except for ,o-working, which, by the way restaurants in san francisco were doing co-working in the day , soho club is now doing a space , there's a club in chicago that now does co-working during the day, there's no barrier to entry. the question is, can you buy good enough coffee? leon: of course, before that, what you thing about ghost kitchens? that's the next element of this. what happens again, some of the space is getting -- and a small percentage, sam -- some of the space is getting repurposed. i would never have guessed five use ago concept of a ghost kitchen producing food and putting it out there for delivery, as you were talking about, sonali. sam: how many co-working spaces do you need? what's the definition of a business where the al