The planned development of a condo and hotel complex in Beverly Hills is moving forward despite the loss of a major partner. Athens Group has dropped out of its partnership with the Dalian Wanda Group, leaving the latter working alone in the $1.2 billion, 300+ unit project. Wanda is based in Beijing and has aggressively pursued overseas projects, going against current Chinese government policy to rein in such investments. However, this conflict appears unrelated to the loss of Wanda’s partner.

Wanda Partner Exits $1.2 Billion Beverly Hills Condo Project

A commercial building/property inspector will be able to help you discover underlying risks that may be hidden in potential properties in which you may invest. CallĀ PureFusion Consulting Building Inspections with your questions about our detailed process for inspecting commercial, industrial, retail or multi-family buildings in Los Angeles, Riverside or Orange Counties.

A $1 Billion Real Estate Boon Near Newark Commuter Station
Why is Mixed-Use the Newest Gem in U.S. Development?