• 0
  • Home
  • About Us
  • What We Do

Shopping Cart

GPAM
  • Home
  • About Us
  • What We Do

Rebar contractor sues over alleged unpaid work at future Wayfarer Hotel in DTLA

Pacific Hotels CEO Matt Marquis and the soon-to-be Wayfarer Hotel in DTLA (Credit: Google Maps)

A steel subcontractor is suing its employers over unpaid work on the soon-to-open Wayfarer Hotel in Downtown Los Angeles.

Kretzschmar Steel claimed in Los Angeles County Superior Court that it was hired in late 2017 to supply rebar for a renovation to the hotel. The work included updating common spaces, including a rooftop area, lobby-level bar and lounge, and a seismic retrofit.

The suit names contractors Shangri-La Construction and Darmont Construction, as well as lender East West Bank and the entity through which Irvine-based Pacifica Hotels owns the Wayfarer.

Representatives for Shangri-La and Pacifica Hotels could not be reached for comment. Attorneys for Kretzschmar also could not be reached.

The subcontractor, based in Colton, claims that it’s owed around $203,000, including $17,500 for nearly 39,900 pounds of rebar. Kretzschmar claimed a Mechanic’s Lien against the property in September, a typical means of recourse for contractors that claim they are owed money.

Kretzschmar seeks repayment of the $203,000 along with interest, plus two percent interest accrued on the late payment via state law, legal fees, and damages.

As of September, the 95-year-old hotel formerly known as the Ritz Milner Hotel was on track to reopen early this year. The renovation was designed by Rockefeller Partners Architects. Renovation work includes a restoration of the façade and a division of 180 existing rooms into 156 rooms that are a mix of private and shared rooms.

Hotel conversions and renovations have become popular in Downtown L.A., where there are dozens of 20th century lodges that fell into disrepair after the 1950s. Golden Hill Properties purchased the once-regal Barclay Hotel in May for $21 million, likely with plans to renovate and rebrand it. Some of DTLA’s office buildings are also getting the hotel treatment — British developer Ennismore wrapped up façade work on the future Huxton hotel, the former office headquarters of the Los Angeles Railway, in July.

Powered by WPeMatico

  • 03 January 2019
  • The Real Deal
  • Uncategorized
  •  Like
Meet the tech innovators attending Future City 2019 →← In Chinatown, couple plans to convert office building to brewery
  • Recent Posts

    • Is CEQA win first shot at a broader overhaul for resi market?   July 5, 2025
    • Hankey finances bargain-bin hotel buy near SF’s Union Square July 3, 2025
    • Industry group flails as CEQA adjustments hit California builders unevenly July 3, 2025
    • Orange County office tower sells for discounted $19M July 3, 2025
    • City to deploy $425M of “mansion tax” money in record spending plan July 3, 2025
  • Recent Comments

    • Archives

      • July 2025
      • June 2025
      • May 2025
      • April 2025
      • March 2025
      • February 2025
      • January 2025
      • December 2024
      • November 2024
      • October 2024
      • September 2024
      • August 2024
      • July 2024
      • June 2024
      • May 2024
      • April 2024
      • March 2024
      • February 2024
      • January 2024
      • December 2023
      • February 2023
      • January 2023
      • December 2022
      • November 2022
      • October 2022
      • September 2022
      • August 2022
      • July 2022
      • June 2022
      • May 2022
      • April 2022
      • March 2022
      • February 2022
      • January 2022
      • December 2021
      • November 2021
      • October 2021
      • September 2021
      • August 2021
      • July 2021
      • June 2021
      • May 2021
      • April 2021
      • March 2021
      • February 2021
      • January 2021
      • December 2020
      • November 2020
      • October 2020
      • September 2020
      • August 2020
      • July 2020
      • June 2020
      • May 2020
      • April 2020
      • March 2020
      • February 2020
      • January 2020
      • December 2019
      • November 2019
      • October 2019
      • September 2019
      • August 2019
      • July 2019
      • June 2019
      • May 2019
      • April 2019
      • March 2019
      • February 2019
      • January 2019
      • December 2018
      • November 2018
      • October 2018
      • September 2018
      • August 2018
      • July 2018
      • June 2018
      • May 2018
      • April 2018
      • March 2018
      • February 2018
      • January 2018
      • December 2017
    • Global Property and Asset Mangement, Inc.
      137 North Larchmont
      Los Angeles, California 90010
      +1 213-427-1127

    © 2025 GPAM