"Vima filed a legal claim against the city in June 2025, alleging the city damaged the property and failed to pay rent for the last month it had a lease."
"In a settlement authorized by the City Council, Oakland will pay Vima $695,000 and waive its $950,000 security deposit, totaling just over half of the $2.9 million claimed."
"Mahnaz Khazen, the former managing owner of Vima, stated that the settlement was 'the most practical and responsible path forward under the circumstances.'"
Oakland will pay $1.6 million to Vima Harrison 1 LLC, the owner of the Lake Merritt Lodge, which served as a homeless shelter. The city leased the property in 2021, but tensions arose over responsibilities and conditions. After the shelter closed in 2024, Vima filed a legal claim for damages and unpaid rent. The city opted for a settlement of $695,000 and waived a $950,000 security deposit, amounting to over half of Vima's claims. The city maintains it is not admitting fault.
Read at The Oaklandside
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