UNITE HERE Local 11: As Relevant Group’s Tommie and Thompson Hotels Face Foreclosure Auctions, Immigration Groups Ask If the Developer Created Jobs in Hollywood as Promised
LOS ANGELES--(BUSINESS WIRE)--As two of Relevant Group’s hotels financed through the EB-5 Immigrant Investor Program face UCC foreclosure auctions on December 21, CARECEN-LA and ten other immigration groups, clergy and community allies wrote to Relevant Group, hotel lenders Machine Investment Group and Taconic Capital and auction broker Eastdil Secured questioning the basis of the firm’s job creation promises. Read their letter here. Relevant Group claims to have raised more than $250 million i
Dec 19, 2022
