Francisco St. & W. Eighth St., Los Angeles, CA
The deals helped the developers of the Wilshire Grand and the LA Live Marriott and Ritz Carlton.
514 condos in a 40-story tower next to the 110 freeway.
The neighboring Hotel Indigo is also for sale.
Developer Greenland USA reportedly plans to use the profits to help finance construction around the hotel.
Get a peek at the penthouses priced from $3.5 million.
The 350-room hotel will rise 18 stories, with a top-floor bar and lounge, and a ground-floor restaurant. Guestrooms are inspired by old-timey film stars, with a focus on Anna May Wong, the first Chinese-American movie star.
Metropolis is hitting a major milestone, opening its first tower up to residents.