The Oceanwide Plaza saga: Sean Burton’s Cityview becomes backup for graffiti-covered eyesore
Oceanwide Plaza’s latest $470 million offer is encountering pushback in bankruptcy court, and more details are emerging on an all-cash offer behind the scenes that The Real Deal previously reported on. The all-cash offer is via a foreign investment group. The overseas investor has an agreement with Sean Burton’s Cityview that it would be a fee-based developer, according to a person familiar with the matter. The Los Angeles company would develop it and work with the city. It may help that Burton has a relationship with Mayor Karen Bass. Either way, Cityview would not be a part owner. But, let’s […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Batek Architekten designs Berlin orthodontic clinic that looks more like a boutique or gallery
Kylie Jenner delists Holmby Hills mansion for second time
Hudson Pacific Properties cuts Xavier Becerra last minute check
A ‘Days of Our Lives’ Producer Lists His 7-Bedroom L.A. Home for $17 Million
Riboli winemaking clan wins LA sign-off for Chinatown offices
KSL Capital Partners drops estimated $600M for Ritz-Carlton in Dana Point
Building owners PAC pumps money into Bass donor pot
7 Gilded Age Homes Where You Can Live Like the Astors
Meg Ryan’s Former Montecito Estate Sells for $18 Million
Inside the Lavish Estates Where The Gilded Age Was Filmed
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California 92656, USA