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Real-estate redux: AIG is planning a return to U.S. property investing

Posted on 11 April 2012

American International Group Inc.is planning to jump back into U.S. property investing, reversing yearslong efforts to downsize its real-estate business in the wake of its near-collapse and government bailout in 2008.
AIG until recently had been dismantling what was once a $24 billion real-estate portfolio packed with trophy properties around the world to help pay back U.S. government loans and keep the company afloat. Its investing has been limited primarily to a few European deals with a single partner………………………………………..Full Article: Source


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