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Real Estate Rumor Mill: Oceanwide, Beacon Capital, Madison

By Andrew McIntyre (February 9, 2015, 6:05 PM EST) -- Chinese developer Oceanwide Holdings Co. Ltd. could invest as much as $1.6 billion in its San Francisco two-tower development project at First and Mission streets, the San Francisco Business Times reported. The company recently bought a development site there for $296 million, and the $1.6 billion total investment would be a record for the most invested in a Bay Area project by a Chinese firm, the San Francisco journal said....

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