China's Anbang in $6.5B Hotels Deal with Blackstone

The transcript discusses Anbang's preemptive offer to purchase Blackstone's properties, including high-end assets like JW Marriott Essex House and Ritz Carlton. If successful, it would be the largest US real estate purchase by a mainland Chinese buyer. Anbang has a history of significant acquisitions, including the Waldorf Astoria. The trend of Chinese insurers investing in US real estate has grown since 2012, focusing on mature commercial assets in prime locations.

What type of properties are Chinese insurers interested in according to the text?

What changes occurred in 2012 that affected overseas investments?