Fifteen years ago Los Angeles passed a law to preserve residential hotels as housing of last resort. Now, amid the homelessness crisis, Capital & Main and ProPublica found some hotels may be violating that law.
Local Reporting Network
HomeVestors Said It Had Kicked Out a Top Franchisee Who Broke the Law. New Evidence Suggests It Didn’t.
The company said it had cut ties with Cory Evans, the former co-owner of Patriot Holdings LLC, “a number of years” ago, but texts, emails and interviews indicate he was still engaged in the business as recently as March.
The transaction is the first known instance of money flowing from Crow to the Supreme Court justice. The sale netted the GOP megadonor two vacant lots and the house where Thomas’ mother was living.
A ProPublica investigation last year about RealPage’s rent-setting software led to federal lawsuits asserting inflated apartment prices.
The Consumer Financial Protection Bureau’s head said the Department of Justice and state attorneys general should be made aware of predatory house-flipping practices, following ProPublica reporting on HomeVestors of America.