Los Angeles Convention Center
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...
Essapour Wins Defaulted $27MM Note on 153,758-SQFT 626 Wilshire Office Tower in Downtown LA
A Los Angeles investor steps into the lender position on Barker Pacific Group’s Financial District tower, where a global data-center anchor and a...
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...
Barker Pacific Group’s 153,000 SQFT Downtown LA Office Tower Heads to $22MM Non-Performing Note Auction
The 12-story Financial District property, owned by Barker Pacific Group, carries a current loan basis of approximately $141 per square foot and is...
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...
60-Key Cara Hotel in LA’s Los Feliz Hits the Market After $17.8MM Renovation
Lee & Associates markets boutique Los Angeles property at 1730 N Western Ave; price undisclosed As Los Angeles prepares for a stretch of...
Los Angeles Hotel Market Stabilizes in Q4 2025 as Convention Center Expansion Signals New Growth Phase
The Los Angeles hotel sector entered the fourth quarter of 2025 in a “stabilization” phase, pivoting from its leisure-heavy recovery to rely more...
AEG Takes a Third Swing at DTLA’s $2.6 Billion Convention Market
Global sports and entertainment giant AEG is betting big on the future of Downtown Los Angeles, unveiling plans for a soaring 49-story, mixed-use...
HACLA Acquires 154-Unit Clarendon Apartments in LA for $50MM
(EDITOR’S NOTE: According to industry sources with knowledge of the Southern California multifamily market, the property located at 215 W 14th St. was...
Salvation Army Lists Downtown LA Development Site for $100MM
Nonprofit seeks buyers for prime property near LA Live despite challenging office market conditions A 2.3-acre development site in the heart of downtown...
