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Developer With China-Based Investors To Sell Downtown Los Angeles Multifamily SiteSale Comes As Other International Stakeholders Part Ways With LA Property
The owner of 1233 S. Grand Ave. in downtown Los Angeles, where a 161-unit apartment complex is proposed, wants to sell the property. (CoStar)
The owner of 1233 S. Grand Ave. in downtown Los Angeles, where a 161-unit apartment complex is proposed, wants to sell the property. (CoStar)

A developer with most of its backers based in China is selling a property in downtown Los Angeles near Crypto.com Arena, the latest deal involving international stakeholders in a city where officials are trying to increase investment.

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