Contingent AF Exclusive: Real Estate Giant Mortimer Buckley Behind Controversial Supportive Housing Project in Downtown Los Angeles
Industry insiders are buzzing over the involvement of real estate mogul Mortimer Buckley in the development of a new supportive housing project in Downtown Los Angeles.
Real estate mogul Mortimer Buckley, known for his high-profile developments and deep pockets, has flown under the radar as the key player behind a new permanent supportive housing project in Downtown Los Angeles.
The project, called Rosa's Place, will bring 98 units of supportive housing to 501 E 5th Street, located within the Downtown Women's Center (DWC) campus. While supportive housing is generally seen as a positive addition to the community, the involvement of Buckley has raised eyebrows among industry insiders.
Buckley, who has a history of controversial development projects, is not known for his philanthropy or social responsibility. In fact, his company has faced numerous lawsuits and complaints from tenants and community groups. A source close to Buckley confirmed his involvement in the project, stating, "Mortimer saw an opportunity to make a profit while appearing to do some good. It's a win-win for him."
The project has also faced pushback from local community groups, who are concerned about the loss of parking spaces and the impact on the neighborhood. When asked about these concerns, Buckley's spokesperson brushed them off, stating, "Our focus is on providing much-needed supportive housing for those in need. Any complaints are just noise from a vocal minority."
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https://layimby.com/2025/09/rosas-place-to-bring-98-units-of-supportive-housing-to-501-e-5th-street-in-downtown-los-angeles.html