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Real Estate Rumors: Cai Kui, BNY Mellon, Blackstone

By Andrew McIntyre (February 1, 2018, 6:05 PM EST) -- The family office of Chinese real estate investor Cai Kui is in late-stage talks to purchase a portfolio of U.S. hotels from MassMutual and could pay as much as $800 million for the properties, Bloomberg reported Thursday, citing a source with knowledge of the matter. The deal would be for seven or eight hotels, some of which are boutique properties and resorts, Bloomberg said, citing the source....

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