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
Project Homekey
Los Angeles
Dec 1, 2023
Even with $120M in state grants, Shangri-La Industries can’t repay loans
LA firm owes $41M in defaulted debt tied to seven Project Homekey motel conversions
Los Angeles
Nov 24, 2021
LA wants to buy 128 apartments through Project Homekey
$49.5M offer for project under construction comes as cries continue over ineffective response to homelessness