A buyer has emerged for the notorious graffiti-bedecked towers in downtown Los Angeles: a Riverside County developer who intends to finish the stalled $1.2-billion project. The proposed buyer of the residential, hotel... Read more »
Now that a federal bankruptcy judge approved an intramural battle between lenders on Oceanwide Plaza, creditors are facing a decision: Make their own or joint credit bids and try to finish the... Read more »
Downtown Los Angeles’ infamous eyesore is one step closer to being cleaned out. The skyscraper known as the Graffiti Towers — officially the Oceanwide Plaza development — has reached a bankruptcy exit... Read more »
How much are three abandoned, partially built luxury towers in Downtown Los Angeles worth? That’s the question raised by L.A. Downtown Investment, an EB-5 investment firm that sunk millions into the graffitied... Read more »
China Oceanwide Holdings has one more hurdle in its quest to sell its uncompleted hotel, condo and retail project in Downtown Los Angeles: graffiti. Over two nights, taggers scaled the roofless towers... Read more »