"..hmmm..the reporter is "hot"....bath her and bring her to me"
Downtown freeways 110 and 101 were shut down this morning.
I wont count out arson just yet.
the accelerant sniffing dogs should know soon enough.
Its clear that global warming induced drought has caused this....
I blame Mrs. O’Leary’s Cow.
Why is this from the BBC? LAT too busy covering protests?
Bush’s fault.
Who cares...They collect insurance, a win win..
As if LA needs another building, a gaudy condo monstrosity, more traffic or strip mall for more taxes for the corrupt running LA and on and on...
Leave it bare gets my vote.
Arson in a new building is a real possibility. How was the project funded?
Often times, especially in private ventures (small LCCs with investors), commercial loans and funding is contracted well before construciton starts. The goal is to lease space and book the revenue before construction is complete. In this way, there is often an early indicator of the money that is going to be lost if leasing is not going well or if costs are out of control. The best time to recover the total value of the investment (or the last time) is before the fire sprinkler system is functional. A Builder’s Risk insurance policy usually covers the up to the value of the contract. (Not necessarily the land).
If you want out of a deal that is a forecasted loser, this is your best hope to cut losses. Otherwise, per the contract language of the mortgage, investors have to maintain a debt/equity ratio in an account that is autditable by the lender. This means, you, as an investor could be shoveling money into an account to keep up with losses for some time.
I’m not saying or accusing of arson here. But I would not be surprised. It has happened before. And it can be hard to investigate, especially depending on what stage of construction they are in.
"..hmmm..the reporter is "hot"....bath her and bring her to me"
Happen to be on business here in LA area and drove right past it on the I-110 at 11Am here. A smoldering, stinky mess they were still hosing down. Must have been a big fireball at its peak. The other similar building still ok.
Ferguson?
In the video report, it was stated the fire officials didn’t think the two fires were related.
Same night
Same area
Roughly same type of property under new construction or renovation
A lot of protest activity bringing the loons out from under the woodwork as of late
Connection seems likely to me, but they must have some reason for not thinking so. Perhaps they feel that if they say no, the perp will feel emboldened to try again. Perhaps they think they can catch him easier.
How many subsidized apartments were scheduled to be part of the complex? Maybe it was self-defense by a concerned citizen wanting to live to see a few more birthdays.
When duty calls me, oh Lord,
Wherever Flames may rage,
Give me the strength to save some life
Whatever be its age.
Help me embrace a little child
Before it is too late
Or save an older person from
The horror of that fate
Enable me to be alert,
And oh Lord, guide my every move,
For life is so precious,
Please don't let us lose.
I want to fill my calling and
To give the best in me
To guard my every neighbor
And protect their property
And if according to thy will,
That I must give my life,
Then with thy protecting hand my Lord,
I pray thee, protect my children and my wife.
Amen
May God keep our firefighters and first aid responders and their families safe as they attend to the noble calling of saving our lives and property.