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Beverly Hills site eyed for $2B hotel-condo build

A tandem of local and London-based owners of prized land near the Beverly Hilton hotel in Los Angeles plans a $2 billion hotel and condominium complex festooned with lavish botanical gardens. Alagem Capital Group and partner Cain International of London bought the property from Beijing-based Dalian Wanda Group for $445 million in 2018. Read the Los Angeles Times story here

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