By Howard Fine, Staff Report, Los Angeles Business Journal Developers in Los Angeles get hit with city charges for just about everything, and as the fees have multiplied, so have developers’ frustrations. But there’s one levy that some developers have embraced: a 1 percent fee on commercial projects exceeding $500,000 in value that is applied to fund public art projects. Kilroy Realty…
The Gores Group, founded by CEO and Chairman Alec Gores, is a private equity firm specializing in acquiring and partnering with businesses that can benefit from our operational expertise and flexible capital base. Headquartered in Los Angeles, the firm currently has approximately $3.1 billion in assets under management (as of June 30, 2015) and is presently investing from Gores Capital Partners III, L.P….