China’s debt cataclysm reaches American shores – Robert Khodadadian

Got cash? Chinese developers would like to hear from you. Now would be good. Desperate real estate firms across the Pacific are scrambling for funds. To wit: Greenland USA, a developer partly owned by the Shanghai government, is looking to sell a chunk of its $1 billion Downtown Los Angeles tower complex. The parent company of Chinese developer Oceanwide estimates it will lose $340 million in the second half of this year and is in

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, bankruptcy, china, Development, los angeles, New York The Real Deal New York Read More