California attorney general Rob Bonta claimed in a civil lawsuit filed in LA County Superior Court that Shangri-La Industries illegally put developments in the state’s Project Homekey homeless housing program under threat by borrowing against them.
Category: Developers
Tiny-home startup’s production delays raise investor eyebrows
Tiny-homebuilding startup Boxabl has received $140 million in funding since its founding in 2017 and now has a waiting list of 160,000 tiny-home orders. How long will investors wait for homes to be delivered?