Los Angeles
May 3, 2024
Shangri-La files for Chapter 11 on four motel-to-home conversions
LA developer accused by the state of misappropriating $114M in Project Homekey funds
Shangri-La Industries
Los Angeles
Mar 27, 2024
Shangri-La accuses former CFO of embezzling $40M intended for homeless housing
Developer sues, alleging executive spent firm’s cash on luxe homes, cars and handbags
Los Angeles
Feb 2, 2024
LA’s Shangri-La Industries loses Project Homekey sites to receivers
Court names managers for motel conversions as state sues firm for alleged fraud