Anbang seizure whets buyer appetite for buildings across US

One company that benefited from Anbang's fast expansion was Blackstone Group

With the temporary takeover of Anbang Insurance Group by China’s government, real estate buyers are eyeing marquee properties from New York to California acquired in a global shopping spree.
 

The insurer, like its fellow Chinese investor HNA Group, went on a multibillion-dollar buying binge over the past few years, grabbing properties including Manhattan’s Waldorf Astoria hotel, which it acquired three years ago for a record $1.95 billion, and Strategic Hotels & Resorts, a luxury-lodgings owner with locations in San Francisco, Chicago and New York. Other purchases included 717 Fifth Ave. in New York, a 26-story office building that’s home to