Brookfield Residential Properties builds hooses in Canada and houses in the US. The company was formed in March 2011 from the merger of Canada-based Brookfield Office Properties' residential division with US-based Brookfield Homes Corporation. It develops land for its own communities and sells lots to third-party homebuilders. In Canada, Brookfield Residential Properties builds homes, apartments, and townhomes in the suburbs of Calgary, Edmonton, and Toronto. In the US, the company is active in California, Colorado, Texas, and Washington, DC. Brookfield Residential Properties is owned by Brookfield Asset Management.