Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges

Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges by apo on Tuesday March 20, 2018 @05:34PM (#16632909)

Can't help but be reminded of this:

The Mitsubishi Estate Company of Japan plans to walk away from its almost $2 billion investment in Rockefeller Center, the Hope diamond of world real estate.

https://www.nytimes.com/1995/09/12/business/japanese-scrap-2...

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Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges by seanmcdirmid on Tuesday March 20, 2018 @07:29PM (#16633806)

We are already seeing that happen with HNA.

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Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges by fspeech on Tuesday March 20, 2018 @08:50PM (#16634272)

HNA seems to have made money on disposed assets so far. Maybe they are hanging onto the losers for now.

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Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges by seanmcdirmid on Tuesday March 20, 2018 @08:51PM (#16634285)

They are about to take a huge loss on an old Park Avenue building in NYC. They made out on HK plots they sold. Heaven knows what will happen when they start unloading mainland properties.

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Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges by fspeech on Tuesday March 20, 2018 @09:08PM (#16634385)

Interesting to see how much the NYC property will go for. I don't think the regulators are that concerned about HNA's properties in China. Domestically it is a zero sum game. Their loss would be someone else's gain, as long as solvency of the banks is not threatened.

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Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges by seanmcdirmid on Tuesday March 20, 2018 @09:44PM (#16634594)

They have to pay their loans...I think it is only a matter of time until Hainan Airlines starts having problems paying for fuel.

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