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