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State, creditors bring down hammer on embattled developer of homeless housing projects

Shangri-La Industries defaulted on loans and breached its contracts on motel projects for the homeless in the Inland Empire and Thousand Oaks, state housing officials say.

State, creditors bring down hammer on embattled developer of homeless housing projects

Shangri-La Industries defaulted on loans and breached its contracts on motel projects for the homeless in the Inland Empire and Thousand Oaks, state housing officials say.

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