Will Cityview take the lead on Oceanwide Plaza fix?
The Real Deal reported in early April that an offer connected to Sean Burton’s Cityview was becoming a backup of sorts in the Oceanwide Plaza bankruptcy sale. Fast forward to late May and it looks as though Cityview might be moving to the forefront when it comes to deciding the fate of the mammoth project that sits unfinished on Figueroa Street, with three towers covered in graffiti across from L.A. Live in the heart of Downtown Los Angeles. The Cityview-connected buyer is negotiating a purchase and sale agreement with the Oceanwide chief restructuring officer, according to a person familiar with […]This article originally appeared on The Real Deal. Click here to read the full story.
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