Why Gaw Capital is doubling down on LA while other Chinese firms balk

If the prevailing wisdom is that a) retail real estate is suffering and b) Chinese investment is on the wane, then Goodwin Gaw’s recent investment is a head-scratcher. Over the summer, his real-estate-focused private equity firm, Hong Kong-based Gaw Capital, bought the L.A. shopping center Hollywood and Highland for $325 million. That it was the country’s largest single-address retail transaction outside of New York in years only fueled the intrigue. The property is smack dab

source https://therealdeal.com/la/issues_articles/gaw-only-knows/