SAN DIEGO — A Los Angeles landlord who owns more than 15,000 units in Southern California and is set to build more than 2,500 apartments in San Diego has lost his lawsuit seeking to get out of including affordable housing units in his projects.
According to court documents obtained by CBS 8, on Jan. 16, a federal judge dismissed billionaire Geoff Palmer’s lawsuit, which claimed the city’s inclusionary affordable housing rules were unconstitutional and akin to the government seizing private property.
Currently, Palmer’s company, G.H. Palmer, is finishing a 1,642-apartment project on Convoy Street in Kearny Mesa and is waiting to build nearly 1,000 additional units at a separate project in Grantville…