anbang


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Bizarre case of deed fraud complicated Anbang’s $5.8B hotel portfolio deal

It might have been one of the biggest heists of all time. Anbang has sold its U.S. hotel portfolio...

Anbang’s multibillion-dollar US luxury hotel portfolio may have buyer: report

Anbang Insurance Group appears to have found a buyer for its multibillion-dollar U.S. luxury hotel portfolio, which includes JW...

(Credit: iStock)

Here’s how Chinese real estate investors and NYC broke up

Chinese companies were paying record-breaking sums for Manhattan trophy buildings not too long ago. They have since retreated from...

717 5th Avenue (Credit: Google Maps and iStock)

Anbang looks to sell 5th Ave office condo at steep discount

 Anbang Insurance Group has decided to sell off another one of its pricey Manhattan properties. And this one...

National Cheat Sheet: Compass set to buy Pacific Union … & more

Compass plans to acquire San Francisco-based Pacific Union, CEO confirms Compass plans to buy San Francisco-based Pacific Union International...

Wu Xiaohui

The end of New York real estate’s flashiest buyer: Anbang’s ex-chair Wu Xiaohui gets 18 years in prison

Wu Xiaohui, the former chairman of Anbang Insurance Group, has been sentenced to 18 years in prison after being convicted by a Chinese court...

Wu Xiaohui

Bankers are salivating over Anbang hitting the sale block

As China looks to sell all or part of Anbang Insurance Group, the conglomerate it seized in February, investment...

Anbang gets $9.7B bailout

Anbang Insurance Group is getting a $9.7 billion government bailout to prevent it from collapsing. The China Insurance Regulatory Commission said Wednesday that the move is meant to protect policyholders. The money comes from...

Fallen Anbang leader asks court for leniency

Former Anbang chair Wu Xiaohui, who is facing charges of falsifying financial reports and hiding benefits to himself while...

Anbang files offering plan for 352 condos at Waldorf Astoria

Despite China’s takeover of Anbang Insurance Group last month, luxury condominiums are still coming to the Waldorf Astoria. An...

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