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
Oceanwide
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
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