Financial Advisor
AIG | Blackstone
Financial Advisor to AIG in the equity Sale of its Affordable Housing Assets to BREIT
.png)
Investment Highlights
- AIG sold certain affordable housing assets to Blackstone Real Estate Income Trust, Inc. for $5.1 Billion
- AIG sold a 9.9% Equity Stake in its Life & Retirement Business to Blackstone for $2.2 Billion
- AIG and Blackstone entered a Strategic Asset Management Relationship for a portion of the Life & Retirement Investment Portfolio
- Transactions provide AIG with significant financial flexibility and support AIG’s progress toward separating its life & retirement business
CBRE Role
- CBRE Capital Advisors acted as financial advisor to AIG in the equity sale of certain affordable housing assets to Blackstone Real Estate Income Trust, Inc.
