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jose huizar

Shenzhen Developer Agrees to Pay $1M Fine in California Bribery Scandal

2020/10/11 by Elizabeth Kerr Leave a Comment

China’s surge of overseas real estate acquisitions of the past decade continues to reap negative returns for the country’s developers with the merely unprofitable now giving way to a million dollar fine in one Los Angeles case.

A unit of… Read More>>

Gaw Capital Leads $325M Purchase of Hollywood Shopping Mall

2019/08/06 by James Hatton Leave a Comment

Gaw Capital USA and US private equity firm DJM have purchased a Hollywood megamall in the largest acquisition of a single US retail asset outside of Manhattan in nearly three years, according to a joint announcement by the companies.

Los… Read More>>

Trump and Tanoe

Trumps Sell Beverly Hills Mansion to Indonesian Business Partner in $13.5M Off-Market Deal

2019/06/18 by Jan Kot Leave a Comment

A company controlled by the family of the US president Donald Trump has sold a 5,400 square foot Beverly Hills mansion to a corporate entity linked to the scandal-plagued politician’s Indonesian billionaire business partner for $13.5 million, according to accounts… Read More>>

thomas feng oceanwide

China Oceanwide Halts Construction on $1B Los Angeles Project

2019/01/26 by Michael Cole 2 Comments

Developer China Oceanwide Holdings has halted construction on a $1 billion mixed-use project in Los Angeles that was previously scheduled to be completed this year, according to an account in the Los Angeles Times, citing a statement by the Beijing-based… Read More>>

zhang yuliang greenland

Greenland, Oceanwide and Hazens Named in FBI Probe of LA Real Estate Deals

2019/01/19 by Michael Cole Leave a Comment

Four of the biggest Chinese investors in Los Angeles real estate have been named in an FBI investigation of possible bribery, kickbacks, extortion, and money laundering related to property deals in southern California’s largest city, according to a document seen… Read More>>

Wanda Sells One Beverly Hills Project for a Reported $420M

2018/11/18 by Jan Kot Leave a Comment

Chinese billionaire Wang Jianlin has added a new chapter to the unwinding of his plans for a global real estate empire as reports last week confirmed that his Dalian Wanda Group had sold a prime Los Angeles site that was… Read More>>

Lee Kok Sun GIC

GIC Invests in Rockwood Capital’s $355M LA Office Portfolio

2018/05/22 by Michael Cole Leave a Comment

GIC, Singapore’s sovereign wealth fund, has formed a joint venture to acquire a stake in a high tech office portfolio in the Playa Vista area of western Los Angeles, according to a statement today by the $100 billion government investment… Read More>>

Singapore private home sales

Singapore Private Home Prices Jumped 3.1% in Q1 and More Asia Real Estate Headlines

2018/04/03 by Greg Isaacson Leave a Comment

At the top of today’s headlines, Singapore’s housing market is back into bull mode with prices of private homes rising 3.1 percent in the first three months of the year. In another bit of Lion City-driven news, a unit of… Read More>>

Greenland Group Puts LA Condo Tower on the Block for $450M in US Pullback

2018/02/25 by Greg Isaacson Leave a Comment

The purchase of the $1 billion Metropolis project by China’s Greenland Group in 2013 was one of the early milestones in an outbound real estate investment wave that put the Shanghai-based developer onto a global stage, beside co-stars such as… Read More>>

Zhang Yuliang

Greenland Group Said Hawking LA Hotel for $280M Amid US Pullback

2018/02/04 by Greg Isaacson Leave a Comment

China’s Greenland Group is reportedly shopping the hotel within its flagship mixed-use project on the US west coast only 10 months after it opened, in the latest sign of overseas strains for the state-owned property firm.

Greenland USA, the company’s… Read More>>

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