American International Group is planning to jump back into U.S. property investing, reversing years-long efforts to downsize its real-estate business in the wake of its near-collapse and government bailout in 2008.
AIG until recently had been dismantling what was once a $24 billion real-estate portfolio packed with trophy properties around the world to help pay back U.S. government loans and keep the company afloat.
Its investing has been limited primarily to a few European deals with a single partner.
