There’s no disputing that the super-charged investment boom in L.A. trophy projects from Chinese players is in the rearview mirror. Wanda Group has sold off its $1.2 billion One Beverly Hills project, while Oceanwide Real Estate has halted construction on its billion-dollar development amid refinancing issues. And today the flow of Chinese capital has been reduced to a relative trickle. In late 2016, the Chinese government imposed a series of new rules aimed at curbing […]
source https://therealdeal.com/la/issues_articles/chinese-investment-los-angeles/#new_tab
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