SunCal files for Chapter 11 for two projects

The Irvine builder seeks bankruptcy protection for a proposed Westside skyscraper and a planned community in San Clemente.

Venerable Irvine builder SunCal Cos. said Thursday that it would seek federal bankruptcy protection for two of its premier planned residential developments in Southern California — including a 45-story luxury Westside tower on one of the region's most valuable pieces of land.

Source:  LA Times – Read full story

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