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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>>

bkc one mumbai

Blackstone Preps Wholly Owned India Office Portfolio and More Asia Real Estate Headlines

2020/08/25 by Elizabeth Utley Leave a Comment

After last month shepherding its second India office joint venture to a successful IPO Blackstone is assembling a wholly owned commercial property platform in the country, according to a report in the local press today.

Apart from… 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>>

London Gherkin

HK’s Lee Kum Kee Shopping for London’s Gherkin and More Asia Real Estate Headlines

2017/05/20 by Michael Cole Leave a Comment

Leading today’s real estate headlines, a Hong Kong sauce maker may add a pickle-shaped London tower to its portfolio of flavors, as more of the city’s investors shop for Brexit bargains in the UK. Also in the news GLP reports… Read More>>

W Los Angeles Downtown Hotel

China’s Shenzhen Hazens Breaks Ground on 3rd LA Hotel

2015/09/14 by Michael Cole Leave a Comment

New York may be the most successful city at attracting Chinese real estate investment, but the progress of developer Shenzhen Hazens Real Estate Group in southern California underlines the appeal of the Golden State for mainland property fans.

Privately owned… Read More>>

Metropolis ground breaking

JLL Says Los Angeles is Latest Investment Hotspot for Chinese

2014/09/02 by Michael Cole Leave a Comment

Chinese investment in US real estate will hit $15 billion in 2014, and Los Angeles is becoming one of the major beneficiaries as buyers branch out into more cities, according to a recent report.

Los Angeles has already ranked second… Read More>>

Luxe Hotel Los Angeles

Developer Shenzhen Hazens Buys Los Angeles Hotel for $105M

2014/08/11 by Michael Cole Leave a Comment

China bought another piece of California last week when a Shenzhen-based real estate developer scooped up the Luxe City Center Hotel and two adjacent plots of land near the Staples Center for $105 million.

The 178-room hostelry is the second… Read More>>

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