Unseal K3 Holdings' Corporate Documents Detailing Slumlord Practices

The Issue

We, the K3 Tenant Council of the Los Angeles Tenants Union, are a union of tenants from over forty buildings in Koreatown organized against our corporate landlord K3 Holdings (doing business as "Alpine LA Properties"), who is currently bringing retaliatory evictions against nine households from two organized buildings. The company K3 Holdings is primarily owned and managed by Nathan Kadisha—son of textile mogul Daniel Kadisha and nephew of Beverly Hills billionaire slumlord Neil Kadisha—as well as Matt Deboth and James Bay. In the discovery process, we have obtained a tranche of internal corporate records detailing K3's business plan of purchasing rent-controlled buildings with the intention of depriving tenants of services until they accept “voluntary” cash-buyout agreements.

At a time of increasing rents, homelessness and housing precarity, working-class Angelenos are concerned about diminishing access to affordable housing, and want more transparency on how corporate landlords are buying up neighborhoods' worth of it for profit at the cost of safe and affordable housing. However, thousands of the most incriminating K3 documents obtained in discovery are marked as confidential, protecting the business interests of K3 over the housing rights of people. This petition serves to collect public interest from citywide renters to motion for the presiding judge to unseal the confidential documents. 

The information obtained in eviction defense proceedings detail the planning and execution of a business policy to target tenants for harassment in every unit where rents are $250 or more below the current market rate. They show that from 2020 to 2022, K3 Holdings successfully emptied 545 units of affordable housing in 33 buildings purchased during the pandemic.

The company targeted tenants, predominantly Mexican and Central-American families, who refused to “voluntarily” vacate after K3 Holdings removed on-site managers, refused regular maintenance at the properties, shut off utilities, illegally raised rents, systematically lied to tenants about its plans to demolish buildings, and engaged in a campaign of harassment that included unceasing apartment visits and threats to call Immigration and Customs Enforcement (ICE). 

We request the unsealing of these documents which bears substantial influence over our the terms of our homes and our lives. These documents will shine a light on the housing crisis and bring justice to not only the tenants being unjustly evicted by K3, but to the people of Los Angeles being increasingly disenfranchised by gentrification and lack of affordable housing at the hands of real estate companies like K3 Holdings.

Learn more about the K3 Tenant Council here: k3tc.org

Learn more about the Los Angeles Tenants Union here: latenantsunion.org

avatar of the starter
Los Angeles Tenants UnionPetition StarterThe LA Tenants Union is a diverse, tenant-led movement fighting for the human right to housing for all. We demand safe, affordable housing and universal rent control. We organize against landlord harassment, mass evictions, and displacement.

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The Issue

We, the K3 Tenant Council of the Los Angeles Tenants Union, are a union of tenants from over forty buildings in Koreatown organized against our corporate landlord K3 Holdings (doing business as "Alpine LA Properties"), who is currently bringing retaliatory evictions against nine households from two organized buildings. The company K3 Holdings is primarily owned and managed by Nathan Kadisha—son of textile mogul Daniel Kadisha and nephew of Beverly Hills billionaire slumlord Neil Kadisha—as well as Matt Deboth and James Bay. In the discovery process, we have obtained a tranche of internal corporate records detailing K3's business plan of purchasing rent-controlled buildings with the intention of depriving tenants of services until they accept “voluntary” cash-buyout agreements.

At a time of increasing rents, homelessness and housing precarity, working-class Angelenos are concerned about diminishing access to affordable housing, and want more transparency on how corporate landlords are buying up neighborhoods' worth of it for profit at the cost of safe and affordable housing. However, thousands of the most incriminating K3 documents obtained in discovery are marked as confidential, protecting the business interests of K3 over the housing rights of people. This petition serves to collect public interest from citywide renters to motion for the presiding judge to unseal the confidential documents. 

The information obtained in eviction defense proceedings detail the planning and execution of a business policy to target tenants for harassment in every unit where rents are $250 or more below the current market rate. They show that from 2020 to 2022, K3 Holdings successfully emptied 545 units of affordable housing in 33 buildings purchased during the pandemic.

The company targeted tenants, predominantly Mexican and Central-American families, who refused to “voluntarily” vacate after K3 Holdings removed on-site managers, refused regular maintenance at the properties, shut off utilities, illegally raised rents, systematically lied to tenants about its plans to demolish buildings, and engaged in a campaign of harassment that included unceasing apartment visits and threats to call Immigration and Customs Enforcement (ICE). 

We request the unsealing of these documents which bears substantial influence over our the terms of our homes and our lives. These documents will shine a light on the housing crisis and bring justice to not only the tenants being unjustly evicted by K3, but to the people of Los Angeles being increasingly disenfranchised by gentrification and lack of affordable housing at the hands of real estate companies like K3 Holdings.

Learn more about the K3 Tenant Council here: k3tc.org

Learn more about the Los Angeles Tenants Union here: latenantsunion.org

avatar of the starter
Los Angeles Tenants UnionPetition StarterThe LA Tenants Union is a diverse, tenant-led movement fighting for the human right to housing for all. We demand safe, affordable housing and universal rent control. We organize against landlord harassment, mass evictions, and displacement.
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Petition created on September 7, 2023