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Home » ‘Relocating’ rent-controlled tenants in LA is a lucrative business

‘Relocating’ rent-controlled tenants in LA is a lucrative business

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By SBE Staff on September 15, 2023 Local news
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By Jack Ross | LA Public Press

In Boyle Heights and MacArthur Park, tenants clashed with Dennis “The Negotiator” Munoz, who runs www.tenantsbuyouts.com. In a 2020 video on the site, Munoz tells a badly shaking camera that he has completed more than 1,000 buyouts, that buyouts are the key to maximizing returns on a property investment and that he is “here to remove your stress of negotiation with tenants.” Munoz did not respond to a request for comment.

Tenants in historic South Central have organized against relocation consultant Gabe Becerra, who spoke openly about clearing their buildings on Instagram. Becerra did not respond to a request for comment.

Related: What happened to the affordable apartments a developer agreed to build at Yucca-Argyle?

Tenants at the Yucca Argyle Apartments in Hollywood say they faced a relocation campaign led by Del Richardson, wife of L.A City Councilmember Curren Price, who is charged with corruption for voting on real estate projects of developers that hired his wife as a consultant.

After six years and at least four design iterations, Champion Real Estate Company has received the go-ahead for the construction of a mixed-use high-rise development near the Capitol Records Building in Hollywood aka Yucca-Argyle.

Read the full article here.

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