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Real Estate Rumors: Anbang, Cycle, ZMC Advisors

By Andrew McIntyre (November 21, 2016, 12:47 PM EST) -- Anbang Insurance Group Co. is in discussions to purchase up to $2.3 billion worth of Japanese residential assets from The Blackstone Group LP, Reuters reported on Monday, citing multiple sources with knowledge of the talks. Blackstone is looking to offload properties it purchased from investors — including some it picked up through a transaction with General Electric Co. two years ago — and the deal would be the largest residential transaction in Japan since the downturn, Reuters said....

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