Los Angeles
Jun 5, 2023
Oceanwide defaults on loan tied to unfinished LA megaproject
Beijing developer of Oceanwide Plaza “failed to complete construction” and owes $157M
Oceanwide
Los Angeles
Dec 2, 2022
Chinese developer finds buyer for unfinished Oceanwide Plaza project
Firm needs more than $1.2B to wrap up construction in Downtown LA
Los Angeles
Sep 6, 2022
China Oceanwide CEO steps down, CFO takes helm
Switch comes a week after Chinese developer announces capital shortfall for flagship LA project