Tarek El Moussa’s Controversial L.A. Condo Project Explained: His Statement, Building Plans and More
11.08.2023 - 03:11
/ usmagazine.com
Tarek El Moussa made a name for himself for great work on HGTV’s Flip or Flop— but his latest condo project in Los Angeles is bringing more heat than applause.
El Moussa made headlines in August 2023 when news broke that he was allegedly evicting tenants from L.A.’s North Hollywood neighborhood for a $50 million development called NoHo 138. To make matters worse, El Moussa’s wife, Heather Rae El Moussa, is tied to the project.
Tarek’s investment company, TEM Capital, and Heather’s company, HEM Capital, are among the many partners working on the building. The couple, who tied the knot in October 2021, haven’t confirmed whether the construction will be featured on their joint HGTV series, Flipping El Moussas — but Tarek has denied any nefarious actions on their part during the building process.
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“Even though I am being dragged for false accusations and misconceptions, my intentions are to do good, and I hope that we can focus on the positive and the facts,” he wrote in an August 2023 Instagram statement.
Scroll down to learn about the controversial build:
Tarek’s team announced in April 2023 that it would be developing a luxury condo complex in North Hollywood that investors could buy into. The Flipping 101 star confirmed the project the following month via Instagram.
“As someone who grew up in California, this is something that is really big to me!! @temcapital is so excited to tell you about my biggest flip yet — our new development project in North Hollywood!” Tarek captioned the clip. “This is 138 units and is a brand-new construction!!” He proceeded to speak to his followers directly, explaining that it’s an “incredible location” that he got “off market.”
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