Thursday, 9 July 2020

Inside LA’s biggest real estate corruption scandal in recent history

The clock was ticking for a developer’s big downtown Los Angeles debut. Carmel Partners was looking to get its planned mixed-use tower in LA’s growing Arts District across the finish line. But with local residents and unions alarmed by the planned 35-story tower going up in an area consisting mostly of warehouses and two-story retail buildings, the project’s day before the City Council kept getting pushed back. An executive at the San Francisco-based development firm



source https://therealdeal.com/2020/07/09/inside-las-biggest-real-estate-corruption-scandal-in-recent-history/

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