KPC Development Co.
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Bankruptcy Court Clears $517MM Sale of Downtown LA’s Oceanwide Plaza to KPC-Lendlease Venture, Triggering Graffiti Cleanup
A federal bankruptcy judge confirmed the plan of liquidation for Downtown Los Angeles’ stalled Oceanwide Plaza, handing the graffiti-scarred megaproject to a joint...
AECFinanceIndustry NewsLos AngelesResidentialRetail
Los Angeles Turns Against $470MM KPC-Lendlease Bid for Oceanwide Plaza as Hearing Slips to July
The city says the proposed buyer’s development plan is not approvable as written, throwing the fate of downtown’s graffiti towers back into doubt....
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...
