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Graffiti towers in Los Angeles
AECCommercialFinanceHospitalityIndustry NewsLos AngelesResidential

Bankruptcy Court Pushes Oceanwide Plaza Confirmation Hearing to May 19 After City of Los Angeles Requests Continuance

Judge Deborah J. Saltzman extends overbid, objection and reply deadlines tied to the $470MM KPC Group-Lendlease purchase proposal for the stalled three-tower complex...

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...

Fairfield-by-Marriott-
AECHospitalityIndustry NewsLos Angeles

150-Room Fairfield by Marriott Project On the Horizon in Inglewood’s Emerging Entertainment Corridor

A new chapter is taking shape along West Century Boulevard as Bhagat Investments – Century, LLC pushes forward with construction of a five-story...

4200 century 3
AECHospitalityIndustry NewsLos Angeles

A Bold Vision for 4200 Century Boulevard in Inglewood Unveils a Contemporary Hotel Design

A major new development is set to reshape the Inglewood skyline. The proposed construction of a 13-story hotel at 4200 W. Century Boulevard...

venti-views-0YWaDPylkYA-unsplash-los angeles
AECIndustry NewsLos AngelesResidential

Mack Real Estate Revisits Plans for 1,249-Unit Pair of Downtown LA High-Rise Apartment Towers

After a four-year pause, Mack Real Estate Development is proceeding with plans to construct a pair of high-rise apartment towers at the intersection...

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