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Home Finance AHF Withdraws $27MM Bid to Purchase Skid Row Housing Trust Buildings
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AHF Withdraws $27MM Bid to Purchase Skid Row Housing Trust Buildings

April 26, 20241 Mins read548
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AIDS Healthcare Foundation, Skid Row, Skid Row Housing Trust, Skid Row, Los Angeles, Los Angeles City Council
Courtesy of Alexis Balinoff on Unsplash
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LOS ANGELES – Today, AIDS Healthcare Foundation (AHF) notified the receiver for the Skid Row Housing Trust that AHF will not buy the six very troubled properties it intended to purchase for $27 million. During the escrow due diligence process, AHF learned that the six buildings would require $14 million to bring them up to […]

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