Real Estate


Kumho to Buy AIG Building in NY

Yoon Ja-young the korea times 12.06.2009

Consortium buys AIG HQ

the straits times 11.06.2009
Kumho to Buy AIG Building in NY

A consortium led by Kumho Investment Bank has signed a contract to acquire the AIG headquarters building in New York. This is the first time for a Korean fund to buy a skyscraper in downtown New York.

Consortium buys AIG HQ

NEW YORK - A CONSORTIUM including a New York investment firm and a Korean bank agreed to buy American International Group Inc's New York headquarters, the broker, CB Richard Ellis, said on Tuesday.

Pasternak-led firm buys NJ property from AIG

NEW YORK, June 3 (Reuters) - KABR Real Estate Investment Partners, a fund run by former Knight Trading CEO Kenneth Pasternak, said on Wednesday that it bought a New Jersey office building from American International Group. (AIG.N)

AIG Said to Agree to Sell NYC Headquarters Buildings (Update2)

June 2 (Bloomberg) -- American International Group Inc., the insurer saved from collapse by the U.S. government, agreed to sell its New York headquarters and an adjacent office building, two people familiar with the matter said.

AIG's Taiwan insurance unit buys $250 mln building

TAIPEI, May 26 (Reuters) - Nan Shan Life, American International Group's Taiwan insurance unit, has bought a Taipei office building for T$8.2 billion ($250 million), the latest sign of optimism about the property market ahead of a potential influx of Chinese investors.

AIG delays funds to some real-estate ventures: report

(Reuters) - American International Group (AIG.N) has cut or delayed payments to some of its real-estate ventures, potentially leaving the developers and their bankers in the lurch, the Wall Street Journal reported.

AIG Evaluating Sale of New York Headquarters Building

David M. Levitt Bloomberg 18.03.2009

Seattle's vision of Northgate as urban center takes shape

ERIC PRYNE The Seattle Times 26.12.2008

American International Group Inc., the insurer that received a $173 billion U.S. bailout, is considering selling its New York headquarters building and another tower in lower Manhattan.

Two big projects nearing completion in Northgate could mark the beginning of a long-awaited transformation for this North Seattle neighborhood, one planners first envisioned 15 years ago.

30-year mortgage rates hit new low

Chicago Tribune  25.12.2008

JPMorgan dumping WaMu's leased space in Seattle

Melissa Allison and Eric Pryne The Seattle Times 24.12.2008
30-year mortgage rates hit new low

Rates on 30-year fixed-rate mortgages fell to their lowest level on record for the second straight week.

JPMorgan dumping WaMu's leased space in Seattle

JPMorgan Chase is notifying landlords it will pull out of all the downtown Seattle office space rented by Washington Mutual by the end of March.

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