Is former Laker A.C. Green being blocked on Oceanwide bid?
A day after a bankruptcy court appeared poised to clear the sale of the graffiti-covered towers in the heart of downtown, another offer surfaced — along with an apparent accusation that it’s being summarily dismissed even with the bling it brings to the case. The bling comes courtesy of A.C. Green, a member of the Magic Johnson-Kareem Abdul-Jabaar-led “Showtime” edition of the Los Angeles Lakers, with three NBA championship rings to his credit. Green is leading an investment group that has offered $500 million cash for Oceanwide Plaza, and pledged more than $1 billion in capital to complete the abandoned […]This article originally appeared on The Real Deal. Click here to read the full story.
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