China Oceanwide Holdings Defaults on $157.4MM EB-5 Loan Tied to Oceanside Plaza Project in Downtown Los Angeles

By The Registry Staff More trouble is on its way to Downtown Los Angeles. China Oceanwide Holdings, a developer based in Beijing, has defaulted on an EB-5 loan associated with the Oceanwide Plaza project, an unfinished development in the city’s downtown core just across the street from the Crypto.com Arena. As of January 2023, the […]