Oaktree Capital seizes second Evergrande property in China
Los Angeles-based Oaktree Capital Management has seized a second Evergrande property in China as part of an unprecedented push...
Evergrande
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Oaktree Capital seizes Evergrande property worth $1B
Los Angeles-based Oaktree Capital Management has stormed a Hong Kong “castle” valued at $1 billion. The global asset management...
National
Evergrande defaults for first time
A moment six months in the making finally came to pass as Evergrande was labeled in “restricted default” following two missed coupon payments on Monday. Fitch Ratings cut the Chinese developer’s rating on Thursday,...
National Weekend Edition
Chinese regulators ease some real estate controls
Chinese regulators are easing some restrictions on bond sales by real estate firms and developers, though they aren’t pulling...
Desperate Evergrande sells Gulfstream to LA firm for under $40M
The Gulfstream G650ER is built to stay in the air a long time, which is something real estate giant...
Weekend Edition
China tells Evergrande founder to repay debt on his own
Chinese authorities have a message for Hui Ka Yan, the founder of Evergrande: The buck stops with you. Chinese...
National Weekend Edition
Evergrande isn’t only Chinese developer in deep debt
China Evergrande Group isn’t the only Chinese developer with mounting debt problems. Fantasia Holdings Group missed a $205.7 million...
National Weekend Edition Weekend Edition
Evergrande posts photos of workers at dozens of job sites as troubles mount
China Evergrande Group, whose $300 billion of liabilities make it the world’s most indebted developer, tried to reassure investors...
National
Chinese developers in US struggle as Evergrande mess threatens business back home
As the mess over China Evergrande Group — now the world’s most indebted developer — threatens to blow up...
National Weekend Edition
Investors sell off Chinese real estate stocks
Investors continued to sell off shares in China’s real estate companies, wary of Beijing’s ongoing effort to stabilize the...
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