What is Behind the Chinese Demand for American Real Estate?
Cooper Johnson, MJIL Staff Member In the past two years Anbang, a Chinese insurer, has paid $2 billion for the St. Regis in New York City and $6.5 billion for Strategic Hotels.[1] Most recently, Anbang was in a bidding war with Marriot for Starwood Hotels where Anbang bid as high as $14 billion before mysteriously […]
What is Behind the Chinese Demand for American Real Estate? Read More »