Chinese officials looking to sell Anbang’s portfolio of 15 U.S. hotels received offers from 17 bidders, including Brookfield Asset Management, Fortress Investment Group and Blackstone Group. The bids for Chicago-based Strategic Hotels had a spread of more than $1 billion and reached as high as $5.8 billion, according to Financial Times, which also identified South Korea’s Mirae Asset Management and GIC, Singapore’s sovereign wealth fund, as potential suitors. The portfolio includes the JW Marriott Essex House on […]
source https://therealdeal.com/national/2019/05/23/brookfield-fortress-among-bidders-vying-for-anbangs-us-hotel-portfolio/#new_tab
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