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Chetrit’s Midtown Office Building To Be Sold At Foreclosure Auction
News

Chetrit’s Midtown Office Building To Be Sold At Foreclosure Auction

... and his sons, Michael and Simon, acquired the building from Chinese conglomerate HNA Group back in 2019 for $422M. MHP Real ... the property back in 2016. In 2018, the U.S. government was reportedly considering a plan to seize HNA's stake ...

Aug 10, 2021
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Waldorf Astoria Foyer
News

Waldorf Astoria To Begin Renovation After Long, Concerning Delay

... a massive outpouring of capital investment from Chinese companies, one that the country's government restricted severely this past summer. Months before ... a decision, as the company could be forced by the Chinese government to sell off some assets.

Oct 30, 2017
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Anbang Backs Off From Foreign Investment As Domestic Scrutiny Mounts
News

Beijing Regulators Force Anbang, A Major U.S. CRE Investor, To Temporarily Pause Overseas Investment

... in March 2016, the Wall Street Journal reports. The government also said it would not approve new Anbang products for ... also said government scrutiny is likely to stall Anbang Life Insurance Co.’s future stock market listing.  Chinese investors poured ...

Jun 02, 2017
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Jacob Chetrit Buys Troubled 850 Third Ave. From HNA Group
News

Jacob Chetrit Buys Troubled 850 Third Ave. From HNA Group

... Simon Chetrit, on future opportunities." Last summer, the U.S. government was reportedly considering a plan to seize HNA’s stake ... it works to reduce its debt and adapt to the Chinese government’s capital controls. Last year, SL Green reached an agreement ...

Jan 08, 2019
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Los Angeles City Hall
News

LA City Council Moving Forward On Measures To Add Transparency To Development Decisions

... criminal investigation into its relationship with Huizar. A Chinese developer and a subsidiary company were named in a ... have on developers.  “We fully support transparency in government decision-making and expect any new communications protocols would ...

Feb 18, 2021
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The Andy Bike Is Dead, But Don't Feel Too Bad About The Collapse Of Birmingham Bike-Sharing
News

The Andy Bike Is Dead, But Don't Feel Too Bad About The Collapse Of Birmingham Bike-Sharing

... since it first began, with the homeland experiences of Chinese pioneers like Mobike and Ofo scarcely encouraging. Problems of ... a government subsidy was withdrawn in March, ScotRail closed its bike-share scheme in August, talks with a Chinese operator ...

Sep 02, 2019
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EB-5 In 2020: Managing The 'Stun Gun' That Just Hit The Investment Program
News

EB-5 In 2020: Managing The 'Stun Gun' That Just Hit The Investment Program

... discovered it as a source of less-expensive capital, and Chinese investors in particular latched onto EB-5 as a ( ... — because the deals relied on immigrants paying $500K, a Government Accountability Office study found. Doubling the minimum investment to $1M ...

Jan 22, 2020
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Global Switch Singapore
News

Major Data Center Operator Reportedly Up For Sale

Discussions are preliminary and prospective buyers haven’t been named, but if a sale took place, it would likely be among the largest-ever data center deals. Last year was a bumper year for data center M&A. Total deal volume for 2020 crossed the $30B mark ...

Jan 08, 2021
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Park Avenue, New York City, Manhattan
News

China’s Sovereign Fund Bets On U.S. Real Estate With 16% Stake In New TPG REIT

... properties. While the government-owned fund continues to strategically invest in foreign assets, Chinese regulators are tightening the ... microscope, temporarily tabling some mergers and acquisitions. Chinese regulators want to determine how much debt these ...

Jul 25, 2017
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March Air Reserve Base
News

New Regulations Allow Closer U.S. Scrutiny Of Foreign CRE Investments

... put the kibosh on business transactions in areas that the government deems protected. Much of the new authority given to ... inflow to U.S. real estate.  The Chinese government placed strict controls on Chinese nationals and companies moving money out of China ...

Sep 25, 2019
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