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Home Finance WS Communities Grapples with Portfolio Setback as Firm Concedes Los Angeles Properties Worth $1.1B to Lenders
FinanceIndustry NewsLos AngelesResidential

WS Communities Grapples with Portfolio Setback as Firm Concedes Los Angeles Properties Worth $1.1B to Lenders

January 19, 20241 Mins read1k
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By The Registry Staff Neil Shekhter, a Los Angeles landlord associated with WS Communities, is navigating challenges as the firm loses approximately half of its portfolio to lenders. The strategic move involves the signing of deeds-in-lieu of foreclosure on 28 multifamily buildings and development sites across Los Angeles County, amounting to around $1.1 billion in […]

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