Lendlease
LA Commits $150K to Study Hotel Incentives at Oceanwide Plaza as KPC, Lendlease Plan $800MM Revival
The Los Angeles City Council authorized a $150,000 consultant study to weigh public incentives for the long-stalled Oceanwide Plaza, where new owners KPC...
Los Angeles Advances Developer-Funded Study of Hotel Incentives to Revive Oceanwide Plaza’s Graffiti Towers
The Los Angeles City Council's Economic Development and Jobs Committee has advanced a motion directing the Chief Legislative Analyst to hire consultants, paid...
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...
City Pushback Stalls $470MM Sale of Downtown LA’s Oceanwide Plaza Graffiti Towers Until July
A bankruptcy court hearing that would clear the $470 million sale of Downtown Los Angeles' unfinished Oceanwide Plaza has been postponed to July...
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....
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...
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...
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...
NY Life Planning to Place for Sale 165,000 SQFT 400 Corporate Pointe Office Property In Culver City
A report from Newmark indicates that 400 Corporate Pointe, a 165,570-square-foot office property in Culver City, may soon be hitting the market. While...
Redcar Properties Lists 2.96-Acre Culver City Development Site for Sale
Upstream at Culver City, a 2.96-acre development site in the heart of Culver City, has been listed for sale. Nestled at 9401-9449 Jefferson...
Lendlease Secures $316MM Construction Loan for 253,000 SQFT Habitat Mixed-Use Project in Culver City
Lendlease, in partnership with Aware Super, has successfully secured a $316 million construction loan for the ambitious Habitat mixed-use development in Culver City....
Lendlease Agrees to Terms with Consigli for Sale of US East Coast Construction Operations
Lendlease Group today announced it had agreed terms with leading US construction firm, Consigli Construction Co (Consigli), for the sale of the Group’s...
