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Oceanwide Holdings

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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...

juan-carlos-becerra-omY1r2nkmc8-unsplash-los angeles
AECFinanceHospitalityIndustry NewsResidentialRetail

Hotel101 Global Expands to Downtown LA with $14.9M Land Acquisition

Hotel101 Global, the international expansion arm of Philippine-based DoubleDragon Corporation, has acquired a premier redevelopment site at 1260 W 2nd Street in Downtown...

jack-finnigan-GTuMhHKQn0U-unsplash-Los Angeles
AECCommercialFeaturedFinanceIndustry NewsLos Angeles

Oceanwide Plaza in Downtown Los Angeles Marches Toward A September Auction

The unfinished and bankrupt Oceanwide Plaza, a massive 1.4 million-square-foot development in Downtown Los Angeles, is set to be auctioned off on September...

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