One of Trump’s biggest donors is accused of ripping off LA tenants

Billionaire Geoff Palmer named in class action lawsuit

TRD LOS ANGELES /
Feb.February 22, 2019 03:00 PM
Donald Trump, Geoff Palmer and Downtown Los Angeles (Credit: Wikipedia)

UPDATED on Feb. 22, 2019, at 3:26 p.m.:  A lawsuit claims that billionaire developer Geoffrey Palmer, one of President Donald Trump’s largest donors, has denied apartment tenants across Los Angeles of millions of dollars in security deposits.

Palmer’s company, G.H. Palmer Associates, allegedly kept the deposits of some 11,000 former renters illegally, NBC reported. The accusations were detailed in a class-action lawsuit filed by San Diego attorney Jimmie Parker.

Parker alleges Palmer’s company “systematically and in bad faith” retained deposits by failing to properly document charges.

Landlords are required by law to provide reasons for keeping deposits when tenants move out. Instead, Palmer Associates justified withholding them using generic descriptions of “maintenance charge,” or “cleaning charge,” the lawsuit claims. More than two dozen tenants had previously sued Palmer for unwarranted charges.

G.H. Palmer Associates did not respond to The Real Deal’s request for comment.

The firm controls some 11,600 apartments and is worth $4.5 billion, according to its website.

Palmer has been one of Trump’s largest donors, contributing millions to his legal defense and campaign, including at least $6 million to the Rebuilding America Now political action committee, which is reportedly under investigation by special counsel Robert Mueller.

In 1991, Palmer was charged with paying employees to donate to a campaign that opposed the incorporation of what is now Santa Clarita. He has since also been involved in lawsuits over development projects and affordable housing, including one lawsuit for demolishing the last cottage in Bunker Hill. [NBC] —Gregory Cornfield


Related Articles

arrow_forward_ios
Geoff Palmer proposes building 15-story apartment tower at 2321-2327 South Flower Street (Credit: Getty Images, Google Maps)

Geoff Palmer plans 280-unit apartment tower in South LA

Geoff Palmer plans 280-unit apartment tower in South LA
Malibu Real Estate Investments principals Bedros Oruncakiel and Kirkor Suri

Malibu spec mansion lists amid softening luxury market

Malibu spec mansion lists amid softening luxury market
Geoff Palmer and Orsini II

Geoff Palmer nabs $128M refinancing on DTLA resi complex

Geoff Palmer nabs $128M refinancing on DTLA resi complex
Chandler Parsons and his property on Stone Canyon Road (Credit: Getty Images)

Durant wants out of Malibu, and now Chandler Parsons is listing his Bel Air mansion

Durant wants out of Malibu, and now Chandler Parsons is listing his Bel Air mansion
CoreLogic's Andrew LePage and Orange County (Credit: Wikipedia)

SoCal housing market shows signs of life, with a caveat: report

SoCal housing market shows signs of life, with a caveat: report
Bridge Housing CEO Cynthia Parker and a rendering of the view from Walnut and Anaheim (Credit: SVA Architects)

Fully affordable complex set to rise in vacant Long Beach lot

Fully affordable complex set to rise in vacant Long Beach lot
Tracy Tutor and her Brentwood home

Tracy Tutor of “Million Dollar Listing ” asking a lot more for Brentwood home

Tracy Tutor of “Million Dollar Listing ” asking a lot more for Brentwood home
Anton Lessine and 321 South Bristol Avenue, and Behati Prinsloo and Adam Levine with their home (Credit: Getty Images and Zillow)

This week in celeb real estate: Adam Levine unloads $45M home, a Hollywood film producer sells in Brentwood…and more

This week in celeb real estate: Adam Levine unloads $45M home, a Hollywood film producer sells in Brentwood…and more
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...