Developer Michael Shvo plans bulk sale of Mandarin Oriental condos after default

07/09/2024, 9:19 AM
businessinsider.com

Developer Michael Shvo plans bulk sale of Mandarin Oriental condos after default

Shutterstock/Zhukova Valentyna

Michael Shvo, who shot to prominence in recent years buying billions of dollars of trophy real estate assets, has defaulted on the debt connected to a luxury condo building in Los Angeles.

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