Real Estate News Published April 13, 2012 By Aaron Schoenberger
AIG’s Unexpected Return To Property Investing in 2012

In a surprise move, American International Group (AIG) has decided to return to real estate investing in 2012, which is a good sign for the market.

After recovering from the recent meltdown, AIG seems to be back in full swing. The company is looking to fund a variety of residential and commercial projects, and has its eyes on a mixed-use development in Montclair, New Jersey. According to individuals familiar with the project, it’s in the $100 million range.

Real estate investors in the United States should watch AIG closely to get a feel for the company’s investments and overall approach. After all, AIG is large enough to single-handedly affect the prices of local real estate and, quite possibly, throughout the nation.

After paying back a majority of the $182.3 billion federal bailout, it looks like AIG is right on track. Only time will tell if stepping back into the real estate game was a good idea.

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Aaron Schoenberger is a marketing executive, entrepreneur, and real estate investor with a passion for business. He writes about a wide variety of topics ranging from real estate marketing to fixing and flipping homes, and has had his work published on numerous industry-related websites. Mr. Schoenberger is a thought leader and is viewed as a authority when it comes to online public relations, social media, and search engine optimization (SEO).


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