Is Greenland USA and the Metropolis Project in Trouble?
Real Deal Link "Greenland USA is seeking a buyer for one of its condominium towers at the Metropolis complex in Downtown Los Angeles, reflecting the firm’s growing troubles with the massive $1 billion development.
The company, the U.S. arm of Shanghai-based Greenland Group, also listed the 350-key Hotel Indigo in the same complex earlier this month."
With the recent news of Anbang being taken over by its regulator, does this hint at some trouble for some of the Chinese firms with massive overseas investments?