Shangri-La Industries has lost control of six out of seven of its Project Homekey sites to court-appointed receivers, ending its goal of becoming a major operator of homeless housing sites across California. ... Read more »
One of Shangri-La Industries’ Project Homekey developments is headed to receivership after the firm defaulted on loans tied to the Salinas site earlier this year. A Monterey County Superior Court judge last... Read more »
After Los Angeles-based Shangri-La Industries defaulted on loans tied to seven Project Homekey developments across the state, one of the lenders called its lawyers. In August, contractor Johnson Electronics sued Shangri-La, asking... Read more »
Shangri-La Industries CEO Andy Meyers and 21 Conejo Boulevard in Thousand Oaks (Getty, Google Maps, Shangri-La Industries) UPDATED, Dec. 1, 2023, 9:40 p.m.: In 2020, the State of California gave Shangri-La Industries,... Read more »