CALGARY, ALBERTA–(Marketwired – Feb. 17, 2015) – Brookfield Residential Properties Inc. (the " Company " or " Brookfield Residential ") (TSX:BRP)(NYSE:BRP) is pleased to announce that Institutional Shareholders Services (" ISS "), a leading independent proxy firm, has recommended that shareholders vote FOR the special resolution to approve the plan of arrangement (the " Plan of Arrangement ") pursuant to which 1927726 Ontario Inc. (the " Purchaser "), a wholly owned subsidiary of Brookfield Asset Management Inc., will acquire all of the common shares of the Company that are not already owned by Brookfield Asset Management and its affiliates for consideration of US$24.25 per share.