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Bryan Cave Leighton Paisner LLP

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Building with sky black and white
AECFeaturedFinanceIndustry NewsLos Angeles

Lendlease Reports $223MM Operating Loss and US Impairments on Same Day It Files $470MM Bid for Downtown LA’s Oceanwide Plaza

Australia-based builder and investment manager doubles down on its American presence with the Oceanwide acquisition even as the company absorbs write-downs across its...

Graffiti towers in Los Angeles
AECCommercialFinanceIndustry NewsLos AngelesResidential

KPC Group and Lendlease File $470MM Purchase Agreement for Stalled Oceanwide Plaza in Downtown Los Angeles

Joint venture moves to acquire the bankrupt “Graffiti Towers” through a combined disclosure statement and liquidating plan, with the court set to approve...

Graffiti towers in Los Angeles
AECCommercialFinanceIndustry NewsLos AngelesResidentialRetail

LA’s $1.2 Billion ‘Graffiti Towers’ Clear Major Bankruptcy Hurdle

Downtown development stalled since 2018 reaches settlement with creditors, paving way for potential sale ahead of 2028 Olympics After years of abandonment and...

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