The Cohanzad family are among Los Angeles’s most notorious landlord-developers, operating under the Wiseman Residential and Wiseman Management brands. Their business model centers on buying rent-stabilized (RSO) buildings, forcing out long-term tenants through Ellis Act evictions, and redeveloping them into luxury market-rate units or short-term Airbnb rentals. Across the Westside and Hollywood, the family has been accused by tenants and advocates of aggressive displacement tactics and exploiting housing loopholes to maximize profits. Long featured on tenant organizers’ lists of “worst landlords,” the Cohanzads continue to use their real estate wealth to influence city politics—backing candidates who protect developer interests while profiting from the destruction of affordable housing in Los Angeles.