<p>One of downtown Los Angeles’ most iconic towers, One California Plaza, has officially gone into receivership after defaulting on a $300 million debt. Once valued at nearly $459 million, the 42-story Bunker Hill skyscraper is now appraised at just $121 million—a staggering 74% drop.</p>

One of downtown Los Angeles’ most iconic towers, One California Plaza, has officially gone into receivership after defaulting on a $300 million debt. Once valued at nearly $459 million, the 42-story Bunker Hill skyscraper is now appraised at just $121 million—a staggering 74% drop.

Downtown LA Crisis: One California Plaza Placed Into Receivership | $300M Default

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Dedicated to providing Alternative News and Unbiased Reporting for those tired of the mainstream media. Our Real Stories, Live Coverage, and Pressing News cover topics from social unrest to true crime. We feature Documentary Pieces and In-Depth Interviews that the media avoids, embracing Citizen Journalism and highlighting under-reported events. Tune in to our channel for daily updates on the most pressing news, and become a part of our growing community that values truth and transparency. Don't forget to subscribe and hit the notification bell to never miss an episode!

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Downtown LA Crisis: One California Plaza Placed Into Receivership | $300M Default

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