LA’s $1.2 Billion ‘Graffiti Tower’ Reaches Bankruptcy Exit Deal

LA’s .2 Billion ‘Graffiti Tower’ Reaches Bankruptcy Exit Deal



LA’s $1.2 Billion ‘Graffiti Tower’ Reaches Bankruptcy Exit Deal
The long-stalled Oceanwide Plaza project in downtown Los Angeles has struck a bankruptcy-exit agreement with creditors, clearing the way for a potential sale after its Chinese developers invested about $1.2 billion.


www.bloomberg.com
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